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IP Group PLC — Director's Dealing 2022
Apr 27, 2022
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Director's Dealing
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RNS Number : 6041J
IP Group PLC
27 April 2022
| FOR RELEASE ON | # 27 APRIL 2022 |
IP Group plc - DBSP Exercise of options; Director/PDMR shareholding
IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the Company"), which develops world-changing science and technology businesses across life sciences, technology and cleantech, announces the following in connection with its employee share schemes.
Exercise of Deferred Bonus Share Plan ("DBSP") Options
On 25 April 2022, the Group's executive directors and 8 of its other persons discharging managerial responsibilities ("PDMRs") exercised DBSP options over a total of 289,817 ordinary shares of two pence each ("Shares"), resulting from the partial deferral of annual bonuses from 2020 and 2021. In addition, on the same date, other Group employees exercised DBSP options over a total of 480,331 Shares resulting from the partial deferral of bonuses from the same period. The number of shares assigned to each individual on the exercise of these options was adjusted to account for dividends paid by the Company during 2021. The exercise of these options was satisfied through the transfer of 770,148 Shares which the Group held in treasury.
The Group's two executive directors sold sufficient Shares to meet their tax liabilities. The balance of the Shares retained by the executive directors will continue to be held by IP Group's employee benefit trust on behalf of, and as nominee for, the executive directors in order to assist the Group in its application of its Post Cessation Shareholding Policy.
Four PDMRs each sold sufficient Shares to meet their tax liabilities and four PDMRs sold all of the Shares resulting from their option exercises.
Shares in issue
At the date of this announcement, the Company continues to have 1,063,033,287 Shares in issue and 28,938,473 Shares held in treasury.
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.
DBSP Exercise
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Greg Smith
2
Reason for the notification
a)
Position/status
Chief Executive 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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Exercise of options in connection with the 2020 DBSP and 2021 DBSP Awards
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Greg Smith | Nil cost option | 72,817 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
72,817
84.7721p
£61,728.50
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Greg Smith
2
Reason for the notification
a)
Position/status
Chief Executive 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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Sale
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Greg Smith | 84.7721p | 35,134 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
35,134
84.7721p
£29,784.00
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
David Baynes
2
Reason for the notification
a)
Position/status
Chief Operating and 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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Exercise of options in connection with the 2020 DBSP and 2021 DBSP Awards
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| David Baynes | Nil cost option | 70,746 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
70,746
84.7721p
£59,972.87
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
David Baynes
2
Reason for the notification
a)
Position/status
Chief Operating and 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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Sale
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| David Baynes | 84.7721p | 34,135 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
34,135
84.7721p
£28,936.91
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Sam Williams
2
Reason for the notification
a)
Position/status
Managing Partner, Life Sciences
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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Exercise of options in connection with the 2020 DBSP and 2021 DBSP Awards
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Sam Williams | Nil cost option | 42,505 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
42,505
84.7721p
£36,032.38
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Sam Williams
2
Reason for the notification
a)
Position/status
Managing Partner, Life Sciences
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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Sale
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Sam Williams | 84.7721p | 42,505 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
42,505
84.7721p
£36,032.38
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mark Reilly
2
Reason for the notification
a)
Position/status
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 instrument
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Exercise of options in connection with the 2020 DBSP and 2021 DBSP Awards
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Mark Reilly | Nil cost option | 44,859 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
44,859
84.7721p
£38,027.92
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Mark Reilly
2
Reason for the notification
a)
Position/status
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 instrument
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Sale
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Mark Reilly | 84.7721p | 21,644 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
21,644
84.7721p
£18,348.47
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Angela Leach
2
Reason for the notification
a)
Position/status
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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Exercise of options in connection with the 2020 DBSP and 2021 DBSP Awards
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Angela Leach | Nil cost option | 27,276 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
27,276
84.7721p
£23,122.44
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Angela Leach
2
Reason for the notification
a)
Position/status
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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Sale
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Angela Leach | 84.7721p | 13,161 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
13,161
84.7721p
£11,156.58
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Christopher Glasson
2
Reason for the notification
a)
Position/status
Finance Director
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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Exercise of options in connection with the 2020 DBSP and 2021 DBSP Awards
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Christopher Glasson | Nil cost option | 13,828 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
13,828
84.7721p
£11,722.29
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Christopher Glasson
2
Reason for the notification
a)
Position/status
Finance Director
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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Sale
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Christopher Glasson | 84.7721p | 6,672 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
6,672
84.7721p
£5,656.00
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Lisa Patel
2
Reason for the notification
a)
Position/status
Partner, Employee Executive
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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Exercise of options in connection with the 2021 DBSP Awards
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Lisa Patel | Nil cost option | 1,158 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
| 1,158 |
| 84.7721p |
£981.66
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Lisa Patel
2
Reason for the notification
a)
Position/status
Partner, Employee Executive
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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Sale
c)
Currency
GBP
d)
Price(s) and volume(s)
Name(s)
Price(s)
Volume(s)
| Lisa Patel | 84.7721p | 1,158 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
1,158
84.7721p
£981.66
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Liz Vaughan-Adams
2
Reason for the notification
a)
Position/status
Director of Communications
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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Exercise of options in connection with the 2021 DBSP Awards
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Liz Vaughan-Adams | Nil cost option | 7,283 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
7,283
84.7721p
£6,173.95
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Liz Vaughan-Adams
2
Reason for the notification
a)
Position/status
Director of Communications
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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Sale
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Liz Vaughan-Adams | 84.7721p | 3,515 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
3,515
84.7721p
£2,979.70
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Moray Wright
2
Reason for the notification
a)
Position/status
CEO Parkwalk
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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Exercise of options in connection with the 2021 DBSP Awards
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Moray Wright | Nil cost option | 1,712 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
1,712
84.7721p
£1,451.30
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Moray Wright
2
Reason for the notification
a)
Position/status
CEO Parkwalk
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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Sale
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Moray Wright | 84.7721p | 1,712 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
1,712
84.7721p
£1,451.30
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Dan Xie
2
Reason for the notification
a)
Position/status
Partner, Employee Executive
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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Exercise of options in connection with the 2021 DBSP Awards
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Dan Xie | Nil cost option | 7,633 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
7,633
84.7721p
£6,470.65
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Dan Xie
2
Reason for the notification
a)
Position/status
Partner, Employee Executive
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
Identification code
Ordinary Shares of 2p each in IP Group plc
ISIN: GB00B128J450
b)
Nature of the transaction
Sale
c)
Currency
GBP
d)
Price(s) and volume(s)
| Name(s) | Price(s) | Volume(s) |
| Dan Xie | 84.7721p | 7,633 |
e)
Aggregated information
-Aggregated volume
- Price
- Aggregated total
7,633
84.7721p
£6,470.65
f)
Date of the transaction
25 April 2022
g)
Place of the transaction
London Stock Exchange, Main Market
For more information, please contact:
| IP Group plc | www.ipgroupplc.com |
| Liz Vaughan-Adams, Communications | +44 (0) 20 7444 0062/+44 (0) 7979 853802 |
| Charlotte Street Partners | |
| David Gaffney | +44 (0) 7854 609998 |
| Andrew Wilson | +44 (0) 7810 636995 |
Notes for editors
About IP Group
IP Group develops world-changing science and technology businesses across life sciences, technology and cleantech. The Group has a strong track record of success, having been the founder investor in a number of high-profile companies including Oxford Nanopore Technologies plc, and has one of the most exciting portfolios of high-growth businesses in Europe. The Group also owns Parkwalk, the UK's largest growth EIS fund manager which backs world-changing technologies emerging from the UK's leading universities and research institutions. 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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