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LON250:IPO, Feb 27, 11:07 UTC

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Wednesday, January 22


News

UPDATE: IP Group Gets GBP22 Million From Sale Of...

IPO

(Alliance News) - Intellectual property-based business developer IP Group PLC said it generated ... (Alliance News) - Intellectual property-based business developer IP Group PLC said it generated GBP22.4 million from the partial sale of its stake in Ceres Power Holdings PLC to Robert Bosch GmbH. IP Group Chief Executive Alan Aubrey said: "We are pleased to support this strategic transaction to facilitate Bosch's increased holding which we firmly believe is in the interests of the company and of all stakeholders. We're delighted to see such continued strong global interest in Ceres Power, which follows another impressive year of commercial success. Since IP Group's first investment in Ceres in 2012, the company has gone from strength to strength and is a great example of how we've helped to develop and support a world-leading company based on scientific research carried out in the UK." Earlier on Wednesday, Ceres reported that Germany's Robert Bosch GmbH had substantially increased its stake in the UK fuel-cell company in a GBP77 million investment. At the same time, via a reverse accelerated bookbuild, Robert Bosch has purchased approximately 12.3 million existing Ceres shares at the same price.

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IP Group sells part of Ceres Power stake to Bosch for £22.4m

IPO

IP Group sells part of Ceres Power stake to Bosch for £22.4m. StockMarketWire.com - Intellectual property-based business IP Group said it had sold part of interest in portfolio company Ceres Power after Bosch had upped its holding in the latter to around 18%, up from around 4%. The balance of its holding was valued at £75.3m, based the closing price of Ceres Power of 347p per share on Tuesday. Following the sale, IP Group held an undiluted beneficial stake of 14.1% in Ceres, though following the issue of new shares, and assuming that Weichai Power exercises anti-dilution rights, its resultant shareholding would fall to about 12.8%.

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Tuesday, December 10


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IP Group portfolio company Oxford Nanopore selected for Abu Dhabi genome project

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IP Group portfolio company Oxford Nanopore selected for Abu Dhabi genome project. StockMarketWire.com - Intellectual property-based business investor IP Group welcomed news that portfolio company Oxford Nanopore Technologies had been selected as a sequencing partner for a genome project launched by Abu Dhabi's government. The project would provide citizens with their own high-quality genome as a baseline and incorporate genomic data into healthcare management. 'We're delighted to see Oxford Nanopore selected for a project of this scale which is further impressive validation of nanopore sequencing,' IP Group chief executive Alan Aubrey said.

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Wednesday, September 25


News

Woodford raises £100m after offloading IP Group and Malin

IPO

Shares in both IP Group and Malin have plunged this year as investors have fretted over the problems afflicting their large shareholder Woodford and the likelihood the manager would be dumping his stake. He supported the merger of IP Group with Touchstone Innovations, another early stage investor of which he was a longstanding backer, having held the stock in its previous guise as Imperial Innovations at the launch of his Wooford Equity Income fund. Woodford also invested in a number of businesses that formed part of the IP Group stable, including Oxford Nanopore, a substantial unquoted position in both his Woodford Equity Income and Woodford Patient Capital funds, which is due to float. The manager has been selling down stakes in harder-to-trade smaller companies like IP Group and Malin in his Woodford Equity Income fund and investing the bulk of the proceeds in FTSE 100 companies in a bid to ready the fund for a targeted December reopening.

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Woodford offloads IP Group in cut-price £76m deal - reports

IPO

Woodford offloads IP Group in cut-price £76m deal - reports. Neil Woodford sold his entire stake in intellectual property company IP Group on Tuesday in a cut-price deal, raising £76m for the shuttered Woodford Equity Income fund (WEIF), according to reports. Woodford has continued his overhaul of the WEIF portfolio by selling his 13.5% stake in the healthcare-focused firm in an after-market share sale to other institutional investors, the FT reported. The... Sign In. For assistance please contact our customer services team:.

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Tuesday, September 24


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Ip Group News Headlines. IPO Share News. Financial News Articles for Ip Group Plc Ord 2P updated throughout the day.

IPO

Exclusive: Potash mine developer Emmerson hugely encouraged by support from Moroccan Government Watch Now. (Sharecast News) - London's FTSE 250 was edged 0.04% higher to 19,657.18 in afternoon trading on Friday, with G4S leading the index higher.The security services firm surged after Sky News reported that US cash-handling business The Brink's Company could make a £1.0bn bid for its cash solutions arm.IP Group shares climbed ahead of the release of its interim results next week, while Dunelm rose after analysts at HSBC upped their rating of the stock from 'reduce' to 'hold'.CYBG recovered after the owner of Virgin Money and Clydesdale and Yorkshire Banks fell sharply in the previous session after it warned that it had received a surge in payment protection insurance claims ahead of the August deadline.Copper mining company Kaz Minerals also edged higher after analysts at Morgan Stanley improved their rating of the stock from 'equal weight' to 'overweight'.On the downside, SIG slumped as it first-half pre-tax profit fell to £5.2m from £19.6m in the same period a year ago amid a marked deterioration in the level of construction activity in the UK.Analysts at AJ Bell said: "The UK construction sector last month saw its largest decline in new work for more than a decade as property developers delayed decisions because of Brexit uncertainty. "Finally, Metro Bank and Intu Properties dropped following the news that both companies face relegation from the FTSE 250.Market MoversFTSE 250 (MCX) 19,657.18 0.04%FTSE 250 - RisersG4S (GFS) 186.20p 6.28%Syncona Limited NPV (SYNC) 251.00p 3.29%IP Group (IPO) 62.10p 3.16%Dunelm Group (DNLM) 849.50p 3.03%Sanne Group (SNN) 547.00p 3.01%CYBG (CYBG) 113.05p 2.77%Apax Global Alpha Limited (APAX) 156.47p 2.27%Dechra Pharmaceuticals (DPH) 3,038.00p 2.15%Kaz Minerals (KAZ) 424.20p 2.02%Meggitt (MGGT) 642.60p 2.00%FTSE 250 - FallersSIG (SHI) 121.40p -5.96%Metro Bank (MTRO) 260.00p -5.11%Intu Properties (INTU) 33.96p -4.85%Barr (A.G.) (BAG) 584.55p -4.64%Tullow Oil (TLW) 210.80p -3.74%Ferrexpo (FXPO) 191.89p -3.57%Grafton Group Units (GFTU) 750.00p -3.35%Oxford Instruments (OXIG) 1,279.49p -2.92%Kainos Group (KNOS) 421.80p -2.59%Jupiter Fund Management (JUP) 348.40p -2.49%. LONDON, Sept 24 (Reuters) - Embattled fund manager Neil Woodford is set to sell his entire stake in British intellectual property company IP Group in an accelerated book build, the bookrunner said on Tuesday.Woodford's flagship equity income fund ... 24 Sep 19 17:07.

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News

Weir Group News Headlines. WEIR Share News. Financial News Articles for Weir Group Plc Ord 12.5P updated throughout the day.

IPO CMCX +2 more IPO CMCX WEIR BREXIT

* European shares rise slightly after heavy drop * FTSE falls as sterling rallies after UK Supreme Court rules PM Johnson acted unlawfully * German business morale bounces as "downturn takes a breather" * US Treasury's Mnuchin: trade talks to resume next month * Wall Street opens higherWelcome to the home for real-time coverage of European equity markets brought to you by Reutersstocks reporters and anchored today by Danilo Masoni. (Josephine Mason and Juice Elves) ***** ENGLISHMAN IN NEW YORK (WAKING UP TO ANOTHER BREXIT BLOW) (1035 GMT) It's early morning in New York and PM Boris Johnson, attending the UN, is waking up to theUK Supreme Court ruling that he acted unlawfully when he advised the Queen to suspend parliamentjust weeks before Brexit and that therefore the legislature had not been prorogued. Its shares are down 14.3% inpremarket trade after the German firm said it could no longer achieve its 2020 outlook, citing"continued deterioration in overall economic conditions - particularly in Europe, China andIndia". As repatriations of thousands of tourists continue following the collapse of UK travel groupThomas Cook, more signs of stress are emerging with Slovenia-based Adria Airways saying it wouldsuspend all flights on Tuesday and Wednesday due to "unsecured access to fresh cash which theairline needs for further flight operations". Other stock movers: Aluminium maker Norsk Hydro aims to cut costs again; Italy looking atM&A options for bank Monte deil Pas chi - official; Evoke, Takeda Enter Collaboration AcrossMultiple Therapeutic Fields; Nord Awarded 110 MW Project In Turkey Here's your full headlines roundup: TUI says 2019/20 winter bookings in line with last year EXCLUSIVE-Allianz, Nippon in race to buy Aviv's Asia units for up to $2.5 bln-sources AB InBev Asia unit raises $5 bln in world's second-largest 2019 IPO Aluminium maker Norsk Hydro aims to cut costs again Software firm TeamViewer expected to price in upper half of range -bookrunner UBS, Banco do Brasil to create investment banking venture in South America MEDIA-Deutsche Bank top holder takes chairman search into own hand- Bloomberg Strains that sank Thomas Cook weigh on European airlines Slovenia's Adria Airways temporarily stops flying over debt French energy group Total to accelerate dividend growth Apple to make new Mac Pro PCs in U.S. after some tariff exemptions Italy looking at M&A options for bank Monte deil Pas chi - official Metro Bank ditches debt issue, blaming 'market conditions' Vivendi steps up legal fight after keeping Media set stake Output down 80% at Elf's Cattie 4 reactor due to strike BRIEF-Dassault Systems announces extension of CFIUS review process for Media acquisition ECB fines Greece's Piraeus Bank for funding share buys Irn-Bru maker A.G. Barr posts lower profit as higher prices dent sales (Danilo Masoni) ***** EUROPEAN SHARES SEEN BOUNCING BACK BEFORE GERMAN IFO (0534 GMT) European shares are expected to bounce back at the open with the German economy still infocus before the IFO numbers later today that follow disappointing PMI surveys that sent the DAXtumbling 1% in the previous session to post its biggest one-day fall in around one month.

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Woodford to sell IP Group stake in book build- bookrunner

IPO

Woodford to sell IP Group stake in book build- bookrunner. LONDON (Reuters) - Embattled fund manager Neil Woodford is set to sell his entire stake in British intellectual property company IP Group <IPO.L> in an accelerated book build, the bookrunner said on Tuesday. Woodford's flagship equity income fund was suspended in June after a rash of redemptions to give him time to sell less liquid assets and position to pay back any investors who seek to leave when it reopens, expected in December. Currently the second-biggest investor in IP Group with a 13.4% stake, Refinitiv data showed, Woodford plans to sell the 142 million shares to institutional investors, bookrunner Bank of America Merrill Lynch said.

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Thursday, August 29


News

IP Group (LON:IPO) Sets New 12-Month Low at $57.10 – TechNewsObserver

IPO

IP Group Plc (LON:IPO)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 57.10 ($0.75) and last traded at GBX 57.90 ($0.76), with a volume of 39478 shares changing hands. Berenberg Bank restated a “buy” rating on shares of IP Group in a report on Friday, July 19th. The firm’s fifty day moving average price is GBX 64.63 and its 200 day moving average price is GBX 83.94.

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Wednesday, August 07


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IP Group (LON:IPO) Hits New 1-Year Low at $61.80 – Sundance Herald

IPO

The company traded as low as GBX 61.80 ($0.81) and last traded at GBX 61.60 ($0.80), with a volume of 17581 shares. The stock had previously closed at GBX 62.60 ($0.82). Berenberg Bank restated a “buy” rating on shares of IP Group in a report on Friday, July 19th. IP Group Plc is a private equity and venture capital firm specializing in seed, early stage, start-up, incubation, and mature financing.

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