TIDMIPO

RNS Number : 0535A

IP Group PLC

20 September 2022

 
 FOR RELEASE ON   20 September 2022 
 

IP Group plc - 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 that, further to the announcements dated 03 August 2022, 18 August 2022, 13 September 2022 and 14 September 2022 in connection with the Interim Scrip Dividend, a combined total of 3,408 new ordinary shares of 2p each ("Shares") in aggregate have been allotted to one of the Group's executive directors and four of its persons discharging managerial responsibilities ("PDMRs"), following their respective elections to take up the Interim Scrip Dividend in relation to some or all of their current shareholdings, as further detailed below.

Shares in issue

The Group currently has 1,063,188,005 Shares in issue and 28,607,622 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.

Scrip Election

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name(s)                                                       Greg Smith 
                                                                     Heejae Chae 
                                                                     Christopher Glasson 
                                                                     Angela Leach 
                                                                     Lisa Patel 
     ------------------------------------------------------------  --------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                               Executive Director Chief Executive Officer 
                                                                     PDMR Non-Executive Director PDMR Finance Director 
                                                                     PDMR Group General Counsel 
                                                                     PDMR Partner, Life Sciences 
     ------------------------------------------------------------  --------------------------------------------------- 
      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   Ordinary Shares of 2p each in IP Group plc 
       Identification code 
                                                                     ISIN: GB00B128J450 
     ------------------------------------------------------------  --------------------------------------------------- 
 b)   Nature of the transaction                                     Election of Scrip Dividend 
     ------------------------------------------------------------  --------------------------------------------------- 
 c)   Currency                                                      GBP 
     ------------------------------------------------------------  --------------------------------------------------- 
 d)   Price(s) and volume(s)                                        Name(s)         Price(s)  Volume(s) 
                                                                     Greg Smith      80.5p     1,493 
                                                                     Heejae Chae     80.5p     99 
                                                                     Chris Glasson   80.5p     68 
                                                                     Angela Leach    80.5p     1,684 
                                                                     Lisa Patel      80.5p     64 
     ------------------------------------------------------------  --------------------------------------------------- 
 e)   Aggregated information 
       -Aggregated volume                                             Aggregated Number of Shares: 3,408 
       - Price                                                        Price: 80.5p 
       - Aggregated total                                             Aggregated Total: GBP2,743.44 
     ------------------------------------------------------------  --------------------------------------------------- 
 f)   Date of the transaction                                       20 September 2022 
     ------------------------------------------------------------  --------------------------------------------------- 
 g)   Place of the transaction                                      London Stock Exchange, Main Market 
     ------------------------------------------------------------  --------------------------------------------------- 
 

For more information, please contact:

 
 IP Group plc                          www.ipgroupplc.com 
 David Baynes, Chief Financial and     +44 (0) 20 7444 0050 
  Operating Officer                     +44 (0) 20 7444 0062/+44 (0) 
  Liz Vaughan-Adams, Communications     7967 312125 
 

Notes for editors

About IP Group

IP Group develops world-changing science and technology businesses across life sciences, technology and cleantech (through Kiko Ventures). 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

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END

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September 20, 2022 13:10 ET (17:10 GMT)

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