IP Group plc - Statement re press speculation

IP Group plc (LSE: IPO) ("IP Group" or "the Group"), which develops world-changing science and technology businesses, notes the press speculation regarding portfolio company Istesso Ltd. The Group is aware of exploratory discussions around a potential business combination which have now been terminated.

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Notes for editors

About IP Group

IP Group develops world-changing science and technology businesses across life sciences, technology and cleantech (through Kiko Ventures). The Group has a strong track record of success, having been the founder investor in a number of high-profile companies including Oxford Nanopore Technologies plc, and has one of the most exciting portfolios of high-growth businesses in Europe. The Group also owns Parkwalk, the UK's largest growth EIS fund manager which backs world-changing technologies emerging from the UK's leading universities and research institutions. 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