IP Group PLC Issue of Equity (4403N)
26 October 2016 - 3:13AM
UK Regulatory
TIDMIPO
RNS Number : 4403N
IP Group PLC
25 October 2016
FOR RELEASE ON 25 October 2016
IP Group plc - Issue of equity
IP Group plc (LSE: IPO) ("IP Group" or "the Group") confirms
that it has today issued 14,300 ordinary shares of 2p each
("Ordinary Shares") (the "New Ordinary Shares") following the
exercise of options by a former employee.
An application has been made to the Financial Conduct Authority
for admission of the New Ordinary Shares to the premium listing
segment of the Official List maintained by the UK Listing Authority
and to the London Stock Exchange. It is expected that admission
will take place on 28 October 2016.
Following the issue of the New Ordinary Shares, the number of
Ordinary Shares of 2p each in issue will increase to 565,221,967.
For the purposes of the Financial Conduct Authority's Disclosure
and Transparency Rules, the issued ordinary share capital of the
Company following this allotment consists of 565,221,967 Ordinary
Shares. There are no shares held in treasury.
For more information, please contact:
IP Group plc www.ipgroupplc.com
Greg Smith, Chief Financial +44 (0) 20 7444 0050
Officer +44 (0) 20 7444 0062/+44
Liz Vaughan-Adams, Communications (0) 7979 853802
ENDS
This information is provided by RNS
The company news service from the London Stock Exchange
END
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