IP Group news 0

IP Group plc (LSE: IPO) (“IP Group” or “the Company” or “the Group”), the intellectual property commercialisation company, announces that it has today received notification from all of its Executive Directors regarding the purchase of Ordinary Shares in the Company.

The Company was notified on 19 October 2007 that Alan Aubrey, Chief Executive Officer, purchased in aggregate 100,000 Ordinary Shares in the Company as set out in the table below.

The Company was notified on 19 October 2007 that David Norwood, Founder and Director of Special Projects, purchased in aggregate 100,000 Ordinary Shares in the Company as set out in the table below.

The Company was notified on 19 October 2007 that Mike Townend, Director of Capital Markets, purchased in aggregate 55,000 Ordinary Shares in the Company as set out in the table below.

The Company was notified on 19 October 2007 that Alison Fielding, Chief Technology Officer, purchased in aggregate 17,000 Ordinary Shares in the Company as set out in the table below.

The Company was notified on 19 October 2007 that Magnus Goodlad, Chief Operating Officer, purchased in aggregate 10,000 Ordinary Shares in the Company as set out in the table below. 

Director	Number of shares acquired	Price per share	Total value of transaction	Total percentage of issued shares acquired	Total number of shares held following acquisition	Total percentage of issued shares held following acquisition
Alan Aubrey, Chief Executive Officer	100,000	121.82p	£121,820.00	0.04%	854,865	0.34%
David Norwood, Founder & Director of Special Projects	100,000	121.82p	£121,820.00	0.04%	4,380,172	1.75%
Mike Townend, Director of Capital Markets	55,000	121.82p	£67,001.00	0.02%	200,000	0.08%
Alison Fielding, Chief Technology Officer	17,000	121.82p	£20,709.4	<0.01%	394,630	0.16%
Magnus Goodlad, Chief Operating Officer	10,000	121.82p	£12,182.00	<0.01%	30,000	0.01%

For further information, please contact:

IP Group plc       
Tel:       020 7444 0050
Fax:       0845 074 2928
Alan Aubrey, Chief Executive Officer
Liz Vaughan-Adams (Communications)  020 7444 0062/07979853802

Buchanan Communications   020 7466 5000
Tim Anderson, Mary-Jane Johnson, Mark Court

Notes for Editors

About IP Group

IP Group Plc 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.

As at 30 June 2007, 60 spin-out companies had been created among IP Group’s university partners. Of those, eight 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 has 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.