IP Group Plc #IPO announced, in its results for the six months ended 30 June 2020, that revenues stood at to £34.2 million from loss of £32.2 million posted in the same period preceding year. The company’s profit before tax stood at £11.7 million, compared to a loss of £49.5 million reported in the previous year. The basic earnings per share stood at 1.08p compared to loss of 4.45p reported in the previous year. The company’s cash and cash equivalents stood at £142.7 million (2019: £111.1 million).
·Net portfolio gains of £34.9 m or approximately +3%. ·Cash realisations of £113.7 m, exceeding investment by £76.9 m. ·Total funds raised by portfolio companies in excess of £350 m including Featurespace and Inivata, £200 m of which was raised post- UK lockdown.
IP Group Plc #IPO announced that its portfolio company Oxford Nanopore Technologies Limited ("Oxford Nanopore"), has announced an agreement with the UK's Department of Health and Social Care, to roll out its novel LamPORE test. This will support the UK's efforts to manage the continued reduction of COVID-19 and containment of new cases, now and through the winter cold and flu season. Under the agreement, an initial 450k LamPORE SARS-CoV-2 tests will be made available for use by a number of NHS testing laboratories.
IP Group plc- Portfolio company Oxford Nanopore Technologies partners with UK Government to roll out LamPORE, a new generation of COVID-19 test. ·Ground-breaking British technology will initially provide hundreds of thousands of fast, accurate, low-cost COVID-19 tests under new agreement with the UK Government, with the potential to build to millions of...
RNS Number: 3693 U IP Group PLC 28 July 2020. IP Group plc- Notice of results. Key members of IP Group plc's leadership team will host a webinar to discuss the results and address questions from qualified analysts and investors at 10:30 am London time on August 5th.
Cash realisations for the year now exceed £168 m. The net proceeds from the sale of approximately £52.4 million increases IP Group's total proceeds from Ceres to date to £125.9 million, which represents a multiple of seven times cost. This transaction also increases IP Group's total cash realisations for the year to date to more than £168 million, more than...
RNS Number: 8840 S Berenberg 14 July 2020 THIS ANNOUNCEMENT IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT...
RNS Number: 8711 S Berenberg 13 July 2020 THIS ANNOUNCEMENT IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY JURISDICTION IN WHICH IT WOULD BE UNLAWFUL TO DO SO. FURTHER, THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND SHALL NOT...
IP Group Plc (IPO.L) Announced that it has appointed Professor Gordon Clark, Senior Consultant and Emeritus Professor of the Smith School of Enterprise and the Environment, Oxford University, as Chair of its Ethics Committee. #IPO
RNS Number: 0545 S IP Group PLC 06 July 2020. IP Group plc appoints Gordon Clark, Emeritus Professor, Oxford University, and long-term investment expert, as Chair of ESG Ethics Committee. IP Group plc, the developer of intellectual property-based businesses, is pleased to announce that it has appointed Professor Gordon Clark, Senior Consultant and Emeritus...
RNS Number: 9216 Q IP Group PLC 24 June 2020. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 8095 Q IP Group PLC 23 June 2020. Following approval of the Group's LTIP and Directors' Remuneration Report at its 2020 AGM, IP Group made conditional awards of 7,923,182 ordinary shares of two pence each to its executive directors, other persons discharging managerial responsibilities and certain other employees under its Long Term Incentive...
RNS Number: 4117 Q IP Group PLC 18 June 2020. IP Group plc- Results of Annual General Meeting. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
RNS Number: 2994 Q IP Group PLC 18 June 2020. The Group remains well financed and, as at 31 May 2020, had gross cash of £256.6 million following record realisations in the year to date of £113.8 million compared with £79.5 million for the whole of 2019. In the year to date, the Group has invested £27.7 million in 30 portfolio companies and made cash realisations of...
RNS Number: 4548 P IP Group PLC 09 June 2020. IP Group plc- Update on arrangements for Annual General Meeting and Virtual Shareholder Event. IP Group plc, the developer of intellectual property-based businesses, confirms the format for its Annual General Meeting and the details of its virtual shareholder event which will follow immediately after the close of...
RNS Number: 1775 P IP Group PLC 05 June 2020 TR-1: S tandard form for notification of major holdings. This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.
Portfolio company Inivata announces strategic collaboration and $25 m investment from NeoGenomics. IP Group plc, the developer of intellectual property-based businesses, is pleased to note that portfolio company Inivata Ltd,, a leader in liquid biopsy, has announced the formation of a strategic collaboration with NeoGenomics, Inc for the...
IP Group plc- Portfolio company Oxford Nanopore Technologies announces £48.4 m of additional funding. The funding came from both new and existing shareholders in EMEA, US and Asia and adds to the £29.3 million of capital raised that was announced on 2 January.. The directors expect that the Group's holding will be valued at £257.7 million, a reduction of £6.1...
IP Group Plc (IPO.L) Announced that it has sold 12.25 million ordinary shares in Ceres Power Holdings plc ("Ceres") at a price of 425p per share. Following completion of the sale, which was conducted through an accelerated bookbuild by Berenberg as sole bookrunner, IP Group will continue to hold approximately 9.4 million ordinary shares in Ceres, representing approximately 5.5 per cent of the issued share capital of the company. The net proceeds from the sale of approximately £51 million bring the Group's total cash realisations for the year to date to more than £110 million (full year 2019: £79.5 million). #IPO
RNS Number: 6880 N IP Group PLC 22 May 2020. IP Group plc- Portfolio company Oxford Nanopore Technologies announces advanced development of LamPORE, for rapid, highly scalable, low-cost COVID-19 detection. IP Group plc, the developer of intellectual property-based businesses, notes that its portfolio company Oxford Nanopore Technologies Limited, has...
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Company Profile

IP Group was set up with a mission to evolve great ideas, mainly from our partner universities, into world-changing businesses. We achieve this by systematically helping to create, build and support outstanding intellectual property-based companies. The Group pioneered the concept of the long-term partnership model with UK universities and has spent many years honing a unique approach to building businesses and providing support along the journey from “cradle to maturity”. We have replicated this approach with a select group of US research institutions and, in 2017, the Group announced it was expanding into Australasia.

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