IP Group PLC Director share purchase (5768N)
10 May 2018 - 2:31AM
UK Regulatory
TIDMIPO
RNS Number : 5768N
IP Group PLC
09 May 2018
FOR RELEASE ON 09 May 2018
IP Group plc - Director's share purchase
IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the
Company"), the developer of intellectual property-based businesses,
has been notified that on 08 May 2018, Professor David Begg,
Non-executive Director, purchased a total of 8,000 Ordinary Shares
of 2p each at a price of 137.2 pence per share.
Following this purchase, Professor Begg now has a total
beneficial interest in 50,391 Ordinary Shares, representing less
than 0.1% of the current issued share capital of the Company. The
below notification, in accordance with the requirements of the EU
Market Abuse Regulation, gives further details on the transaction
on 8 May 2018.
Notification and public disclosure of transactions by Persons
Discharging Managerial Responsibilities and persons closely
associated with them
1 Details of the person discharging managerial
responsibilities / person closely associated
---- -----------------------------------------------------------------
a) Name David Begg
---- ----------------------------- ----------------------------------
2 Reason for the notification
---- -----------------------------------------------------------------
a) Position/status Non-executive director
---- ----------------------------- ----------------------------------
b) Initial notification Initial notification
/Amendment
---- ----------------------------- ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- -----------------------------------------------------------------
a) Name IP Group plc
---- ----------------------------- ----------------------------------
b) LEI 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 Ordinary Shares of 2p each
the financial in IP Group plc
instrument, type
of instrument
----
Identification ISIN: GB00B128J450
code
b) Nature of the Purchase
transaction
---- ----------------------------- ----------------------------------
c) Price(s) and volume(s)
---- ----------------- ------------
Price(s) Volume(s)
---- ----------------- ------------
137.2pence 8,000
---------------------------------------------------- ------------
d) Aggregated information
----
- Aggregated volume 8,000 shares
- Price 137.2pence
- Aggregated total GBP10,977.10.
----------------------------- ---------------------------------------
e) Date of the transaction 08 May 2018
---- ----------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, Main
Market
---- ----------------------------- ----------------------------------
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
Notes for editors
About IP Group
IP Group is a leading intellectual property commercialisation
company which focuses on evolving great ideas, mainly from its
partner universities, into world-changing businesses. The Group has
pioneered a unique approach to developing these ideas and the
resulting businesses by providing access to business building
expertise, capital (through its 100%-owned FCA-authorised
subsidiaries IP Capital and Parkwalk Advisors), networks,
recruitment and business support. IP Group has a strong track
record of success and its portfolio comprises holdings in
early-stage to mature businesses across life sciences and
technology. 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 company news service from the London Stock Exchange
END
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