IP Group PLC — Director's Dealing 2022

Sep 7, 2022

National Storage Mechanism | Additional information

RNS Number : 6669Y

IP Group PLC

07 September 2022

FOR RELEASE ON	# 07 September 2022

IP Group plc - SAYE Scheme; 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.

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
Greg Smith	3 years	27,692
David Baynes	3 years	27,692
Angela Leach	3 years	11,076
Lisa Patel	3 years	22,153
Mark Reilly	3 years	16,615
Douglas Moray Wright	3 years	27,692
Anthony York	3 years	19,384

In addition to the above, options over a total of 439,796 Shares were granted to certain other employees of the Group under the Sharesave Plan.

All of the above SAYE options have been granted on 07 September 2022 at an exercise price of 65.0 pence per share, with the SAYE contracts commencing on 01 November 2022. 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 01 November 2025.

Shares in issue

At the date of this announcement, the Company continues to have 1,063,033,287 Shares in issue and 28,607,622 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.

SAYE Sharesave Plan

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name(s)

Greg Smith

David Baynes

Angela Leach

Lisa Patel

Mark Reilly

Douglas Moray Wright

Anthony York

2

Reason for the notification

a)

Position/status

Executive Director          Chief Executive Officer

Executive Director          Chief Financial and Operating Officer

PDMR                             Group General Counsel

PDMR                             Partner, Life Sciences

PDMR                             Managing Partner, Technology

PDMR                             CEO Parkwalk

PDMR                             Group People Director

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

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)
Greg Smith	65.0p	27,692
David Baynes	65.0p	27,692
Angela Leach	65.0p	11,076
Lisa Patel	65.0p	22,153
Mark Reilly	65.0p	16,615
Douglas Moray Wright	65.0p	27,692
Anthony York	65.0p	19,384

e)

Aggregated information

-Aggregated volume

- Price

- Aggregated total

Aggregated Number of Shares conditionally awarded under the SAYE Sharesave Plan to PDMRs on 07 September 2022: 152,304

Price: 65.0p

f)

Date of the transaction

07 September 2022

g)

Place of the transaction

Outside a trading venue

For more information, please contact:

IP Group plc	www.ipgroupplc.com
David Baynes, Chief Financial and Operating Officer Liz Vaughan-Adams, Communications	+44 (0) 20 7444 0050 +44 (0) 20 7444 0062/+44 (0) 7967 312125

Notes for editors

About IP Group

IP Group develops world-changing science and technology businesses across life sciences, technology and cleantech (through Kiko Ventures). 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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHUBUVRUKUKRAR