IP Group Investments on Positive Surge as Numis Securities Acquires 480,000 of its Shares for Buyback Programme

A growing sense of optimism has coursed through IP Group plc, a leading technology investment firm in the UK. The company has made a commendable transaction to purchase an impressive 480,000 of its own shares, in a move that anticipates great things on the horizon. These shares were bought from the London Stock Exchange and are set to support IP Group’s robust share buyback programme, launched to strengthen a promising trajectory for the firm. This acquisition is the result of the recent extension to the buyback programme as announced on January 9, 2025. The purchase itself was made by Deutsche Numis, a division of Numis Securities Limited, on behalf of the firm.

The purchased shares will see their life cycle end as they are set for cancellation. This effort is designed to bring down the number of ordinary shares in issue, revealing a sharp strategic approach by the company. Following the transaction and consequent cancellation of the shares, the Group now has around 937,488,598 ordinary shares in issue. This informs shareholders of the denominator that they may use to calculate whether they are required to declare any interest change in the company according to the FCA’s Disclosure Guidance and Transparency Rules. No ordinary shares are held in treasury. The company intends to make more announcements following the completion of any additional purchases.

The acquisition was carried out abiding by Article 5(1)(b) of Regulation (EU) No 596/2014, also known as the Market Abuse Regulation. Deutsche Numis has provided both comprehensive aggregate data on the Repurchased Shares and details on individual purchases.