AI assistant
IP Group PLC — Share Issue/Capital Change 2014
Feb 13, 2014
4852_dirs_2014-02-13_4097590b-5e85-4f2b-947c-2aef45f42f40.html
Share Issue/Capital Change
Open in viewerOpens in your device viewer
National Storage Mechanism | Additional information
You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.
RNS Number : 0655A
IP Group PLC
13 February 2014
IP Group plc - Director / PDMR Shareholding
IP Group plc ("IP Group" or "the Company"), today announced the results of the Capital Raising, according to which the Company will issue 60,606,060 Capital Raising Shares, raising gross proceeds of £100.0 million.
As a result, the Company today received notification from the following Directors/Persons Discharging Managerial Responsibilities in relation to their interests in the Company following the Capital Raising, as set out in the table below.
| Director / PDMR | Position | Relevant interests | % of enlarged issued share capital |
| Bruce Smith | Non-executive Chairman | 236,592 | 0.05% |
| Alan Aubrey | Chief Executive Officer | 2,237,089 | 0.51% |
| Michael Townend | Chief Investment Officer | 910,718 | 0.21% |
| Gregory Smith | Chief Financial Officer | 227,685 | 0.05% |
| Charles Winward | Managing Director | 262,446 | 0.06% |
| Francis Carpenter | Non-executive Director | 239,151 | 0.05% |
| Jonathan Brooks | Non-executive Director | 60,000 | 0.01% |
| Mike Humphrey | Senior non-executive Director | 83,230 | 0.02% |
| Angela Leach | Company Secretary | 215,823 | 0.05% |
The above figures include 3,230 shares subscribed for in the Open Offer element of the Capital Raising by Mike Humphrey.
An application has been made to the Financial Conduct Authority for admission of the Shares to the premium listing segment of the Official List maintained by the UK Listing Authority and to the London Stock Exchange. It is expected that admission will take place on 14 February.
Following admission the Company will have 435,864,919 ordinary shares in issue.
For more information please contact:
| IP Group plc | |
| Alan Aubrey, Chief Executive Officer | +44 (0) 20 7444 0050 |
| Greg Smith, Chief Financial Officer Liz Vaughan-Adams, Communications |
+44 (0) 20 7444 0050 +44 (0) 20 7444 0062 +44 (0) 7979853802 [email protected] |
| FTI Consulting | +44(0) 20 7831 3113 |
| James Melville-Ross | |
| John Dineen |
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSGGURPPUPCGRW