Director/PDMR Shareholding

Source: RNS
RNS Number : 6041J
IP Group PLC
27 April 2022
 

FOR RELEASE ON

27 APRIL 2022

 

IP Group plc - DBSP Exercise of options; Director/PDMR shareholding

 

IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the Company"), which develops world-changing science and technology businesses across life sciences, technology and cleantech, announces the following in connection with its employee share schemes.

 

Exercise of Deferred Bonus Share Plan ("DBSP") Options

 

On 25 April 2022, the Group's executive directors and 8 of its other persons discharging managerial responsibilities ("PDMRs") exercised DBSP options over a total of 289,817 ordinary shares of two pence each ("Shares"), resulting from the partial deferral of annual bonuses from 2020 and 2021. In addition, on the same date, other Group employees exercised DBSP options over a total of 480,331 Shares resulting from the partial deferral of bonuses from the same period. The number of shares assigned to each individual on the exercise of these options was adjusted to account for dividends paid by the Company during 2021. The exercise of these options was satisfied through the transfer of 770,148 Shares which the Group held in treasury. 

 

The Group's two executive directors sold sufficient Shares to meet their tax liabilities. The balance of the Shares retained by the executive directors will continue to be held by IP Group's employee benefit trust on behalf of, and as nominee for, the executive directors in order to assist the Group in its application of its Post Cessation Shareholding Policy.

 

Four PDMRs each sold sufficient Shares to meet their tax liabilities and four PDMRs sold all of the Shares resulting from their option exercises. 

 

Shares in issue

At the date of this announcement, the Company continues to have 1,063,033,287 Shares in issue and 28,938,473 Shares held in treasury.

 

The following information is being disclosed pursuant to the requirements of MAR.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

 

DBSP Exercise

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Greg Smith
 

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc


ISIN: GB00B128J450

b)

Nature of the transaction

Exercise of options in connection with the 2020 DBSP and 2021 DBSP Awards

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

 Price(s)

Volume(s)

Greg Smith

 Nil cost option

 72,817

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

72,817

84.7721p

£61,728.50

f)

Date of the transaction

 25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Greg Smith
 

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc

 
ISIN: GB00B128J450

b)

Nature of the transaction

Sale

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

 Volume(s)

Greg Smith 

 84.7721p

  35,134

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

35,134

84.7721p

£29,784.00

 

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David Baynes
 

2

Reason for the notification

a)

Position/status

Chief Operating and Financial Officer

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc


ISIN: GB00B128J450

b)

Nature of the transaction

Exercise of options in connection with the 2020 DBSP and 2021 DBSP Awards

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

Volume(s)

David Baynes

 Nil cost option

 70,746

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

70,746

84.7721p

£59,972.87

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

David Baynes
 

2

Reason for the notification

a)

Position/status

Chief Operating and Financial Officer

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc

 
ISIN: GB00B128J450

b)

Nature of the transaction

Sale

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

Volume(s)

David Baynes

  84.7721p

  34,135

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

34,135

84.7721p

£28,936.91

 

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Sam Williams
 

2

Reason for the notification

a)

Position/status

Managing Partner, Life Sciences

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc


ISIN: GB00B128J450

b)

Nature of the transaction

Exercise of options in connection with the 2020 DBSP and 2021 DBSP Awards

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

Volume(s)

Sam Williams

 Nil cost option

 42,505

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

42,505

84.7721p

£36,032.38

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Sam Williams
 

2

Reason for the notification

a)

Position/status

Managing Partner, Life Sciences

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc

 
ISIN: GB00B128J450

b)

Nature of the transaction

Sale

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

Volume(s)

Sam Williams

 84.7721p

 42,505

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

42,505

84.7721p

£36,032.38

 

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mark Reilly
 

2

Reason for the notification

a)

Position/status

Managing Partner, Technology

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc


ISIN: GB00B128J450

b)

Nature of the transaction

Exercise of options in connection with the 2020 DBSP and 2021 DBSP Awards

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

Volume(s)

Mark Reilly

 Nil cost option

44,859

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

44,859

84.7721p

£38,027.92

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Mark Reilly
 

2

Reason for the notification

a)

Position/status

Managing Partner, Technology

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc

 
ISIN: GB00B128J450

b)

Nature of the transaction

Sale

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

Volume(s)

Mark Reilly

 84.7721p

  21,644

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

21,644

84.7721p

£18,348.47

 

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Angela Leach

2

Reason for the notification

a)

Position/status

General Counsel & Company Secretary

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc


ISIN: GB00B128J450

b)

Nature of the transaction

Exercise of options in connection with the 2020 DBSP and 2021 DBSP Awards

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

Volume(s)

Angela Leach

 Nil cost option

27,276

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

27,276

84.7721p

£23,122.44

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Angela Leach
 

2

Reason for the notification

a)

Position/status

General Counsel & Company Secretary

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc

 
ISIN: GB00B128J450

b)

Nature of the transaction

Sale

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

  Volume(s)

Angela Leach

  84.7721p

  13,161

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

13,161

84.7721p

£11,156.58

 

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Christopher Glasson
 

2

Reason for the notification

a)

Position/status

Finance Director

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc


ISIN: GB00B128J450

b)

Nature of the transaction

Exercise of options in connection with the 2020 DBSP and 2021 DBSP Awards

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

Volume(s)

Christopher Glasson

 Nil cost option

13,828

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

13,828

84.7721p

£11,722.29

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Christopher Glasson
 

2

Reason for the notification

a)

Position/status

Finance Director

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc

 
ISIN: GB00B128J450

b)

Nature of the transaction

Sale

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

Volume(s)

Christopher Glasson

 84.7721p

  6,672

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

6,672

84.7721p

£5,656.00

 

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Lisa Patel

2

Reason for the notification

a)

Position/status

Partner, Employee Executive

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc


ISIN: GB00B128J450

b)

Nature of the transaction

Exercise of options in connection with the 2021 DBSP Awards

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

Volume(s)

Lisa Patel

 Nil cost option

1,158

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

1,158

 

84.7721p

£981.66

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Lisa Patel
 

2

Reason for the notification

a)

Position/status

Partner, Employee Executive

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc

 
ISIN: GB00B128J450

b)

Nature of the transaction

Sale

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

Volume(s)

Lisa Patel

 84.7721p

1,158

 

 

 

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

1,158

84.7721p

£981.66

 

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Liz Vaughan-Adams
 

2

Reason for the notification

a)

Position/status

Director of Communications

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc


ISIN: GB00B128J450

b)

Nature of the transaction

Exercise of options in connection with the 2021 DBSP Awards

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

Volume(s)

Liz Vaughan-Adams

 Nil cost option

7,283

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

7,283

84.7721p

£6,173.95

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Liz Vaughan-Adams
 

2

Reason for the notification

a)

Position/status

Director of Communications

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc

 
ISIN: GB00B128J450

b)

Nature of the transaction

Sale

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

 Volume(s)

Liz Vaughan-Adams

  84.7721p 

  3,515

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

3,515

84.7721p

£2,979.70

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Moray Wright
 

2

Reason for the notification

a)

Position/status

CEO Parkwalk

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc


ISIN: GB00B128J450

b)

Nature of the transaction

Exercise of options in connection with the 2021 DBSP Awards

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

Volume(s)

Moray Wright

 Nil cost option

1,712

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

1,712

84.7721p

£1,451.30

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Moray Wright
 

2

Reason for the notification

a)

Position/status

CEO Parkwalk

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc

 
ISIN: GB00B128J450

b)

Nature of the transaction

Sale

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

Volume(s)

Moray Wright

 84.7721p

1,712

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

1,712

84.7721p

£1,451.30

 

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Dan Xie
 

2

Reason for the notification

a)

Position/status

Partner, Employee Executive

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc


ISIN: GB00B128J450

b)

Nature of the transaction

Exercise of options in connection with the 2021 DBSP Awards

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

Price(s)

Volume(s)

Dan Xie

 Nil cost option

7,633

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

7,633

84.7721p

£6,470.65

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Dan Xie
 

2

Reason for the notification

a)

Position/status

Partner, Employee Executive

b)

Initial notification /Amendment

Initial Notification
 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

IP Group plc

b)

Legal Entity Identifier

213800HG22UM138WFG43
 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 2p each in IP Group plc

 
ISIN: GB00B128J450

b)

Nature of the transaction

Sale

c)

Currency

GBP

d)

Price(s) and volume(s)

 

Name(s)

  Price(s)

Volume(s)

Dan Xie

 84.7721p 

 7,633

 

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

 

7,633

84.7721p

£6,470.65

 

f)

Date of the transaction

25 April 2022

g)

Place of the transaction

London Stock Exchange, Main Market

 

 

For more information, please contact:

 

IP Group plc

www.ipgroupplc.com


Liz Vaughan-Adams, Communications           


+44 (0) 20 7444 0062/+44 (0) 7979 853802

Charlotte Street Partners

 

David Gaffney

+44 (0) 7854 609998

Andrew Wilson

+44 (0) 7810 636995

 

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.

 

ENDS

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
 
 
DSHPPUWGCUPPGMM