Transaction in Own Shares

IP Group PLC

29 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:	28/02/2024
Number of ordinary shares purchased:	114,367
Highest price paid per ordinary share (GBp):	48.85
Lowest price paid per ordinary share (GBp):	48.00
Volume weighted average price paid per ordinary share (GBp):	48.4135

The Group will hold the Repurchased Shares in treasury. Following the above transaction, the Group holds 30,244,235 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 1,032,943,770 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:	28/02/2024
Number of ordinary shares purchased:	114,367
Volume weighted average price (pence):	48.4135

Individual transactions:

Number of ordinary shares purchased	Transaction price (GBp share)	Time of transaction (UK Time)	Trading venue
9303	48.75	09:25:31	XLON
6252	48.75	09:25:31	XLON
1383	48.75	09:25:31	XLON
7630	48.85	10:17:20	XLON
8119	48.85	10:31:42	XLON
7776	48.75	12:10:14	XLON
1623	48.55	13:19:49	XLON
3326	48.55	13:20:39	XLON
2713	48.55	13:20:39	XLON
479	48.35	13:33:37	XLON
481	48.35	13:33:37	XLON
6552	48.35	13:33:37	XLON
8770	48.00	14:38:23	XLON
8753	48.15	14:38:23	XLON
1941	48.15	14:40:48	XLON
3748	48.15	14:41:26	XLON
2240	48.15	14:44:08	XLON
6558	48.15	14:44:08	XLON
530	48.10	14:50:52	XLON
1642	48.10	14:54:08	XLON
1619	48.10	14:57:28	XLON
1729	48.10	14:59:53	XLON
1493	48.10	14:59:53	XLON
1645	48.10	14:59:53	XLON
2342	48.10	14:59:53	XLON
1142	48.20	15:29:53	XLON
4118	48.20	15:31:55	XLON
2549	48.20	15:31:55	XLON
7911	48.30	16:09:55	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