IP Group PLC Director/PDMR Shareholding (2528B)
19 September 2018 - 6:51PM
UK Regulatory
TIDMIPO
RNS Number : 2528B
IP Group PLC
19 September 2018
FOR RELEASE ON 19 September 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 18 September 2018, Heejae Chae, a
Non-executive Director of the Company, purchased a total of 16,073
Ordinary Shares of 2p each at a price of 124.43 pence per
share.
Following this purchase, Heejae Chae now has a total beneficial
interest in 16,073 Ordinary Shares, representing less than 0.01 per
cent of the Company's current issued share capital.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
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 Heejae Chae
2 Reason for the notification
a) Position/status Non-executive Director
b) Initial notification/Amendment Initial Announcement
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 the financial Ordinary Shares of 2p each in IP Group
instrument, type of plc
instrument
Identification code ISIN: GB00B128J450
b) Nature of the transaction Purchase of shares
c) Price(s) and volume(s) Price(s) Volume(s)
124.43 pence 16,073
d) Aggregated information Not applicable - single transaction
- Aggregated volume
- Price
e) Date of the transaction 18 September 2018
f) Place of the transaction London Stock Exchange, Main Market
For more information, please contact:
IP Group plc www.ipgroupplc.com
+44 (0) 20 7444 0050
Greg Smith, Chief Financial Officer +44 (0) 20 7444 0062/+44 (0)
Liz Vaughan-Adams, Communications 7979 853802
Charlotte Street Partners
Andrew Wilson +44 (0) 7810 636995
Martha Walsh +44 (0) 7876 245962
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
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END
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