Transaction in Own Shares

IP Group PLC

16 February 2024

 

Transaction in Own Shares

IP Group plc (LSE: IPO) ("IP Group" or "the Group"), today announces that Numis Securities Limited (which is trading for these purposes as Deutsche Numis) ("Deutsche Numis"), purchased on behalf of IP Group the number of ordinary shares of 2 pence each on the London Stock Exchange as set out in the table below (the Repurchased Shares) pursuant to the IP Group share buyback programme announced on 18^th December 2023 (the Buyback Programme).

Date of purchase:	16/02/2024
Number of ordinary shares purchased:	55,413
Highest price paid per ordinary share (GBp):	52.80
Lowest price paid per ordinary share (GBp):	51.40
Volume weighted average price paid per ordinary share (GBp):	51.8831

The Group will hold the Repurchased Shares in treasury. Following the above transaction, the Group holds 28,885,071 of its ordinary shares in treasury and has 1,063,188,005 ordinary shares in issue (including treasury shares). Therefore, the total number of ordinary shares with voting rights will be 1,034,302,934 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, IP Group under the FCA's Disclosure Guidance and Transparency Rules.

IP Group will make further announcements following the completion of any additional purchases pursuant to the Buyback Programme.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases made by Deutsche Numis on behalf of IP Group as part of the Buyback Programme.

Both aggregate data in respect of the Repurchased Shares as well as the individual purchases are set out below.

Aggregate information:

Issuer name and ISIN: IP Group plc (ISIN: GB00B128J450)

Date of purchases:	16/02/2024
Number of ordinary shares purchased:	55,413
Volume weighted average price (pence):	51.8831

Individual transactions:

Number of ordinary shares purchased	Transaction price (GBp share)	Time of transaction (UK Time)	Trading venue
1429	52.80	08:34:29	XLON
1656	52.50	09:39:10	XLON
4910	52.50	09:39:10	XLON
3668	52.50	09:39:10	XLON
220	52.50	09:39:10	XLON
2113	52.60	09:39:10	XLON
838	52.00	13:00:00	XLON
1309	52.00	13:00:00	XLON
4554	52.00	13:00:00	XLON
3913	51.90	14:23:07	XLON
2563	51.90	14:23:07	XLON
6625	51.60	14:23:27	XLON
4347	51.60	14:26:06	XLON
6438	51.50	14:56:58	XLON
1003	51.50	15:39:00	XLON
430	51.50	15:39:00	XLON
358	51.50	15:39:00	XLON
1044	51.50	15:39:00	XLON
176	51.50	15:43:10	XLON
91	51.50	15:43:10	XLON
39	51.50	15:43:10	XLON
32	51.50	15:43:10	XLON
1662	51.50	15:43:10	XLON
854	51.50	15:43:10	XLON
366	51.50	15:43:10	XLON
305	51.50	15:43:10	XLON
1123	51.40	16:21:50	XLON
356	51.40	16:21:50	XLON
2991	51.40	16:21:50	XLON

For more information, please contact:
IP Group plc	www.ipgroupplc.com
Liz Vaughan-Adams, Communications	[phone]/[phone]
Portland
Alex Donaldson	[phone]

Further information on IP Group is available on our website: www.ipgroupplc.com

 

END