IP Group PLC Director/PDMR Shareholding, SAYE scheme (1258L)
08 September 2021 - 7:53PM
UK Regulatory
TIDMIPO
RNS Number : 1258L
IP Group PLC
08 September 2021
FOR RELEASE ON 08 September 2021
IP Group plc - SAYE Scheme; PDMR shareholding
IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the
Company"), the developer of intellectual property-based businesses,
announces the following in connection with its employee share
schemes.
SAVE AS YOU EARN ("SAYE") SHARESAVE PLAN
IP Group has granted options over the Company's ordinary shares
of 2p each ("Shares"), under its SAYE Sharesave Plan to persons
discharging managerial responsibilities ("PDMRs") of the Company as
detailed below.
Name Plan duration Number of options granted
Anthony York 3 years 8,720
--------------- --------------------------
Mark Reilly 3 years 6,976
--------------- --------------------------
In addition to the above, options over a total of 46,810 Shares
were granted to certain other employees of the Group under the
Sharesave Plan.
All of the above SAYE options have been granted on 08 September
2021 at an exercise price of 103.2p per share, with the SAYE
contracts commencing on 1 November 2021. The exercise price was set
in accordance with HM Revenue & Customs rules for Sharesave
plans.
Permitted exercise periods are for a period of six months from
the end of the plan period, ordinarily 1 November 2024.
Shares in issue
At the date of this announcement, the Company continues to have
1,062,788,114 ordinary shares in issue.
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.
SAYE Sharesave Plan
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name(s) Anthony York
Mark Reilly
-------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status PDMR Group People Director
PDMR Managing Partner, Technology
-------------------------------------------------------- -------------------------------------------------------
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 Conditional award of Shares under the IP Group plc
SAYE Sharesave Plan
-------------------------------------------------------- -------------------------------------------------------
c) Currency GBP
-------------------------------------------------------- -------------------------------------------------------
d) Price(s) and volume(s) Name(s) Price(s) Volume(s)
Anthony York 103.2p 8,720
Mark Reilly 103.2p 6,976
-------------------------------------------------------- -------------------------------------------------------
e) Aggregated information
-Aggregated volume Aggregated Number of Shares conditionally awarded
under the SAYE Sharesave Plan to PDMRs on
- Price 08 September 2021: 15,696
- Aggregated total Price: 103.2p
-------------------------------------------------------- -------------------------------------------------------
f) Date of the transaction 08 September 2021
-------------------------------------------------------- -------------------------------------------------------
g) Place of the transaction Outside a trading venue
-------------------------------------------------------- -------------------------------------------------------
For more information, please contact:
IP Group plc www.ipgroupplc.com
+44 (0) 20 7444 0050
Alan Aubrey, Chief Executive Officer
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
David Gaffney +44 (0) 7854 609998
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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