Source - LSE Regulatory
RNS Number : 3421E
IP Group PLC
23 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 18th December 2023 (the Buyback Programme).

                       

Date of purchase:

23/02/2024

Number of ordinary shares purchased:

270,000

Highest price paid per ordinary share (GBp):

48.70

Lowest price paid per ordinary share (GBp): 

47.35

Volume weighted average price paid per ordinary share (GBp): 

48.2580

 

The Group will hold the Repurchased Shares in treasury. Following the above transaction, the Group holds 29,606,300 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 1,033,581,705 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:

23/02/2024

Number of ordinary shares purchased:

270,000

Volume weighted average price (pence):

48.2580

 

Individual transactions:

 

Number of ordinary shares purchased

Transaction price
(GBp share)

Time of transaction (UK Time)

Trading venue

7650

48.70

 09:19:02

XLON

6711

48.50

 09:57:30

XLON

1295

48.35

 10:29:55

XLON

5579

48.35

 10:29:55

XLON

7340

48.10

 10:41:31

XLON

596

48.15

 12:22:07

XLON

7716

48.15

 12:26:26

XLON

12811

48.15

 12:27:12

XLON

2440

48.15

 12:27:12

XLON

12822

48.25

 12:27:12

XLON

1994

48.25

 12:27:12

XLON

4988

48.25

 12:28:28

XLON

6031

48.25

 12:28:28

XLON

2959

48.25

 12:28:58

XLON

4005

48.25

 12:28:58

XLON

652

48.25

 12:29:58

XLON

2681

48.25

 12:29:58

XLON

3468

48.25

 12:29:58

XLON

6124

48.25

 12:30:10

XLON

561

48.25

 12:30:10

XLON

3496

48.40

 12:30:55

XLON

9655

48.30

 12:30:55

XLON

3750

48.30

 12:30:55

XLON

12966

48.30

 12:30:55

XLON

9119

48.30

 12:30:55

XLON

7582

48.40

 12:37:06

XLON

12811

48.40

 12:37:06

XLON

1287

48.40

 12:37:06

XLON

12674

48.40

 12:37:49

XLON

12811

48.40

 12:40:06

XLON

540

48.40

 12:40:06

XLON

4823

48.50

 12:46:39

XLON

3062

48.50

 12:46:39

XLON

11741

48.50

 12:48:39

XLON

8008

48.50

 13:17:29

XLON

368

48.50

 13:56:02

XLON

6572

48.50

 13:56:02

XLON

9044

48.30

 15:07:58

XLON

535

48.30

 15:07:58

XLON

5737

48.25

 15:16:08

XLON

2020

48.25

 15:16:08

XLON

1720

47.90

 15:35:45

XLON

5309

47.90

 15:35:45

XLON

9288

47.70

 16:04:24

XLON

7012

47.70

 16:04:24

XLON

36

47.70

 16:04:24

XLON

1305

47.35

 16:15:25

XLON

3019

47.35

 16:15:25

XLON

5287

47.60

 16:23:26

XLON

 

 

For more information, please contact:

 

IP Group plc   

www.ipgroupplc.com

Liz Vaughan-Adams, Communications

+44 (0) 20 7444 0062/+44 (0) 7967 312125

Portland


Alex Donaldson

+44 (0) 7516 729702

 

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

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSDZGZZNFNGDZM
Find out how to deal online from £1.50 in a SIPP, ISA or Dealing account. AJ Bell logo

Related Charts

Ip Group PLC (IPO)

-0.65p (-1.37%)
delayed 11:55AM