IP Group plc

Scrip Dividend Reference Price

Further to the release of the Company's Half-Yearly Results on 05 August 2021, the Company announces that the Scrip Reference Share Price for the 2021 interim dividend, payable on 27 September 2021, is 131.4 pence.  Defined terms in this announcement are as defined in the Scrip Dividend Terms and Conditions which are available on the Company's website at https://www.ipgroupplc.com/investor-relations/shareholder-information/scripdividend.    

The Scrip Reference Share Price is the price at which the Company's Ordinary Shares will be issued to shareholders who have elected to receive dividends in the form of newly issued, fully paid shares in the Company in lieu of cash through participation in the optional Scrip Dividend Scheme.

The Scrip Reference Share Price is the average of the mid closing price of the Company's Ordinary Shares, as derived from the London Stock Exchange Daily Official List, for the five dealing days commencing on the relevant ex-dividend date (being 12, 13, 16, 17 and 18 August 2021).

Any shareholder entitled to the 2021 interim dividend who has not already completed a Scrip Dividend Mandate Form or a Dividend Election Input Message in CREST and is intending to do so, should refer to the Scrip Dividend Scheme Terms and Conditions.

The final time and date for receipt of Scrip Dividend Mandates and Dividend Election Input Messages in CREST is 5:00pm on 03 September 2021.

For more information, please contact:

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 (through its 100%-owned FCA-authorised subsidiaries IP Capital and Parkwalk Advisors), networks, recruitment and business support. IP Group has a strong track record of success and its portfolio comprises holdings in early-stage to mature businesses across life sciences and technology. IP Group 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