Scrip Dividend Reference Price

RNS Number : 8069N

IP Group PLC

06 June 2022

 

FOR RELEASE ON

06 June 2022

IP Group plc

  Scrip Dividend Reference Price

Further to the Company's Annual Results Release on 16 March 2022 and the 2022 AGM Notice which was published on 9 May 2022, the Company announces that the Scrip Reference Share Price for the 2021 Final Dividend, payable on 30 June 2022, is 85.3 pence. Defined terms in this announcement are as defined in the 2022 AGM Notice.   

The Scrip Reference Share Price is the price at which the Company's Ordinary Shares will be issued and/or Ordinary Shares held in treasury will be sold to shareholders who have elected to receive dividends in the form of fully paid shares in the Company in lieu of cash through participation in the optional Scrip Dividend Scheme, subject to the approval of the applicable resolutions at the 2022 AGM.

The Scrip Reference Share Price is the average of the mid-market closing price of the Company's Ordinary Shares, as derived from the London Stock Exchange Daily Official List, for the five dealing days commencing on the relevant ex-dividend date (being 26 May to 01 June 2022).

Any shareholder entitled to the 2021 Final Dividend who has not already completed a Scrip Dividend Mandate Form or a Dividend Election Input Message in CREST and is intending to do so, should refer to the Scrip Dividend Scheme Terms and Conditions which can be found at:

https://www.ipgroupplc.com/investor-relations/shareholder-information/scripdividend .

The final time and date for receipt of Scrip Dividend Mandates and Dividend Election Input Messages in CREST is 5:00pm on 09 June 2022.

For more information, please contact:

IP Group plc	www.ipgroupplc.com
Angela Leach, Company Secretary Liz Vaughan-Adams, Communications	[phone] [phone]/[phone]

Notes for editors

About IP Group

IP Group develops world-changing science and technology businesses across life sciences, technology and cleantech. The Group has a strong track record of success, having been the founder investor in a number of high-profile companies including Oxford Nanopore Technologies plc, and has one of the most exciting portfolios of high-growth businesses in Europe. The Group also owns Parkwalk, the UK's largest growth EIS fund manager which backs world-changing technologies emerging from the UK's leading universities and research institutions. IP Group is listed on the Main Market of the London Stock Exchange under the code IPO.

For more information, please visit our website at www.ipgroupplc.com .

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