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IP Group plc
Directors' share purchases
26 Nov 2008
IP Group plc (LSE: IPO) ("IP Group" or "the Company" or "the
Group"), the UK's leading
university intellectual property commercialisation company,
announces that it has today received notification from Alan Aubrey,
Chief Executive Officer, and David Norwood,
Special Projects Director, regarding the purchase of Ordinary
Shares in the Company.
The Company was notified on 25 November 2008 that Alan Aubrey, Chief Executive Officer, purchased in aggregate 62,000 Ordinary Shares in the Company at 33.5 pence per share.
The Company was notified on 25 November 2008 that David Norwood,
Special Projects
Director, purchased in aggregate 308,000 Ordinary Shares in the
Company at 33.5 pence per share.
The full text of this announcement is available on RNS.
For further information, please contact:
IP Group
plc
Alan Aubrey, Chief Executive
Officer
020 7444 0050
Liz Vaughan-Adams
(Communications) 020 7444
0062/07979853802
Financial Dynamics
Ben
Atwell, John
Dineen
020 7831 3113
Notes for Editors
About IP Group
IP Group is an intellectual property (IP) commercialisation
company that specialises in
commercialising university technology. Founded in 2001, IP Group
listed on AIM in October 2003 and moved to the Official List in
June 2006. It has made two acquisitions to date -Techtran, a
company set up to commercialise university intellectual property
under a long term contract with the University of Leeds, in 2005
and Top Technology Ventures, an investment adviser to early stage
technology venture capital funds, in 2004.
IP Group has formed long-term partnerships with ten universities
- the University of
Oxford, King's College London, CNAP/University of York, the
University of Leeds, the University of Bristol, the University of
Surrey, the University of Southampton, Queen Mary (University of
London), the University of Bath and the University of Glasgow.
The Company's portfolio is diverse with exposure to five main
sectors - Energy &
Renewables, Healthcare & Life Sciences: Non-therapeutics,
Healthcare & Life Sciences: Therapeutics, IT &
Communications and Chemicals & Materials. To date, ten
portfolio companies have listed on the AIM market of the London
Stock Exchange, one on PLUS Markets and there have been two trade
sales. IP Group also established three 'Modern-themed' subsidiaries
- Modern Biosciences, Modern Water and Modern Waste. Modern Water
was the first of these subsidiaries to float on AIM in June
2007.
For more information, please visit our website at www.ipgroupplc.com.