IP Group PLC Director/PDMR Shareholding (6880U)
07 April 2021 - 8:27PM
UK Regulatory
TIDMIPO
RNS Number : 6880U
IP Group PLC
07 April 2021
FOR RELEASE ON 7 April 2021
IP Group plc - Director/PDMR share dealing & SAYE option
exercise
IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the
Company"), the developer of intellectual property-based businesses,
announces that it has been notified of the following transactions
in ordinary shares of 2 pence each in the Company ("Shares") by
Directors and other Persons Discharging Managerial Responsibilities
("PDMRs") on Thursday 1 April 2021:
- Greg Smith, Chief Financial Officer, transferred, via sale and
purchase, 17,000 Shares into his ISA. Mr Smith sold Shares at 125.5
pence per share and bought Shares at 125.7 pence per share.
Following the transfer, Mr Smith's beneficial interest in the
Company remains unchanged at 339,403 Shares, representing 0.03% of
the total issued share capital.
- Angela Leach, General Counsel and Company Secretary, bought
15,020 Ordinary Shares into her ISA at 125.8 pence per share.
Following the purchase, Ms Leach's beneficial interest in the
Company is now 274,272 Shares, representing 0.03% of the total
issued share capital.
- Dr Mark Reilly, Managing Partner Technology, exercised options
under the Group's 2017 Save As You Earn plan ("SAYE") to buy 6,315
Shares at 114 pence per share. Following satisfaction of the
options, Mr Reilly's beneficial interest in the Company will be
46,645 Shares, representing <0.01% of the total issued share
capital.
Shares in issue
At the date of this announcement, the Company continues to have
1,062,353,734 ordinary shares in issue.
The following notifications, made in accordance with the
requirements of article 19.3 of the EU Market Abuse Regulation,
provide further details:
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 Greg Smith
2 Reason for the notification
a) Position/status Chief 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 Ordinary Shares of 2p each in IP Group plc
Identification code
ISIN: GB00B128J450
b) Nature of the transaction Sale and purchase of Shares
c) Currency GBP
d) Price(s) and volume(s) Price(s) Volume(s)
Sale GBP1.255 17,000
Purchase GBP1.257 17,000
e) Aggregated information Price(s) Volume(s) Aggregated total
-Aggregated volume Sale GBP1.255 17,000 GBP21,336
- Price Purchase GBP1.257 17,000 GBP21,369
- Aggregated total
f) Date of the transaction Sale: 1 April 2021
Purchase: 1 April 2021
g) Place of the transaction London
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Mark Reilly
2 Reason for the notification
a) Position/status PDMR 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 Ordinary Shares of 2p each in IP Group plc
instrument
Identification code ISIN: GB00B128J450
b) Nature of the transaction Exercise of an option to acquire Ordinary Shares under
the Group's 2017 SAYE.
c) Currency GBP
d) Price(s) and volume(s) Name(s) Price(s) Volume(s)
Mark Reilly GBP1.14 6,315
e) Aggregated information
-Aggregated volume 6,315
- Price Price: GBP1.14
- Aggregated total GBP7,200
f) Date of the transaction 1 April 2021
g) Place of the transaction London
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Angela Leach
2 Reason for the notification
a) Position/status PDMR - 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 Ordinary Shares of 2p each in IP Group plc
Identification code
ISIN: GB00B128J450
b) Nature of the transaction Purchase of Ordinary Shares
c) Currency GBP
d) Price(s) and volume(s) Name(s) Price(s) Volume(s)
Angela Leach GBP1.2583 15,020
e) Aggregated information
-Aggregated volume 15,020
- Price Price: GBP1.2583
- Aggregated total GBP18,900
f) Date of the transaction 1 April 2021
g) Place of the transaction London
For more information, please contact:
IP Group plc www.ipgroupplc.com
+44 (0) 20 7444 0050
Greg Smith, Chief Financial Officer
Angela Leach, Company Secretary +44 (0) 20 7444 0062/+44 (0)
Liz Vaughan-Adams, Communications 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 .
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