TIDMIPO

RNS Number : 1351Y

IP Group PLC

04 September 2015

 
 FOR RELEASE ON   4 September 2015

IP Group plc - Director / PDMR shareholding

IP Group plc (LSE: IPO) ("IP Group" or "the Group" or "the Company"), the developer of intellectual property based businesses, announces that it has received notification from Greg Smith, Chief Financial Officer, regarding the sale of ordinary shares of 2p each ("Ordinary Shares") in the Company.

The Company was notified that, on 3 September 2015, Mr Smith sold 90,000 Ordinary Shares in IP Group at a price of 224.5 pence per share. Following the sale, Mr Smith is beneficially interested in a total of 240,233 Ordinary Shares, representing 0.04% of the Company's issued share capital.

This disclosure is made pursuant to DTR 3.1.4R and relates to a transaction notified in accordance with DTR 3.1.2R.

For more information, please contact:

 
 IP Group plc                          www.ipgroupplc.com 
 Greg Smith, Chief Financial           +44 (0) 20 7444 0050 
  Officer                               +44 (0) 20 7444 0062/+44 
  Liz Vaughan-Adams, Communications     (0) 7979 853802

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, networks, recruitment and business support. IP Group has a strong track record of success and its portfolio comprises holdings in over 90 early-stage to mature businesses across four main sectors -- Biotech, Cleantech, Healthcare and Technology. The Company 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 company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

September 04, 2015 06:36 ET (10:36 GMT)

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