26th Oct 2007 07:00
IP Group PLC26 October 2007 PRESS RELEASE 26 October 2007 DIRECTOR'S SHARE PURCHASE IP Group plc (LSE: IPO) ("IP Group" or "the Company" or "the Group"), theintellectual property commercialisation company, announces that it has todayreceived notification from Roger Brooke, a Non-Executive Director of theCompany, regarding the purchase of Ordinary Shares in the Company. The Company was notified on 25 October 2007 that Roger Brooke purchased inaggregate 50,000 Ordinary Shares in the Company as set out in the table below. +-------------+--------+--------+-----------+----------+-----------+-----------+| Director | Number | Price |Total value| Total | Total | Total || | of | per | of |percentage| number of |percentage || | shares | share |transaction|of issued |shares held| of issued || |acquired| | | shares | following |shares held|| | | | | acquired |acquisition| following || | | | | | |acquisition|+-------------+--------+--------+-----------+----------+-----------+-----------+|Roger Brooke,| 50,000 | 137p |£68,500.00 | 0.02% | 263,973 | 0.11% ||Non-Executive| | | | | | ||Director | | | | | | |+-------------+--------+--------+-----------+----------+-----------+-----------+ For further information, please contact: IP Group plcTel: 020 7444 0050Fax: 0845 074 2928Alan Aubrey, Chief Executive OfficerLiz Vaughan-Adams (Communications) 020 7444 0062/07979853802 Buchanan Communications 020 7466 5000Tim Anderson, Mary-Jane Johnson, Mark Court Notes for Editors About IP Group IP Group Plc is an intellectual property (IP) commercialisation company thatspecialises in commercialising university technology. Founded in 2001, IP Grouplisted on AIM in October 2003 and moved to the Official List in June 2006. Ithas made two acquisitions to date - Techtran, a company set up to commercialiseuniversity intellectual property under a long term contract with the Universityof Leeds, in 2005 and Top Technology Ventures, an investment adviser to earlystage technology venture capital funds, in 2004. IP Group has formed long-term partnerships with ten universities - theUniversity of Oxford, King's College London, CNAP/University of York, theUniversity of Leeds, the University of Bristol, the University of Surrey, theUniversity of Southampton, Queen Mary (University of London), the University ofBath and the University of Glasgow. As at 30 June 2007, 60 spin-out companies had been created among IP Group'suniversity partners. Of those, eight have listed on the AIM market of the LondonStock Exchange, one on PLUS Markets and there have been two trade sales. IPGroup also has three 'Modern-themed' subsidiaries - Modern Biosciences, ModernWater and Modern Waste. Modern Water was the first of these subsidiaries tofloat on AIM in June 2007. For more information, please visit our website at www.ipgroupplc.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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