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IP Group PLC (IPO.L)

IPO.L on London Stock Exchange

158.20GBp
23 Mar 2017
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Latest Key Developments (Source: Significant Developments)

IP Group reports FY basic loss per share of 2.39 pence
Tuesday, 7 Mar 2017 02:00am EST 

IP Group Plc : FY loss before tax 14.8 million STG versus profit before tax of 75.1 million STG year ago . FY basic loss per share 2.39 pence versus 13.66 pence per share . FY revenue from services and other income 7.6 million STG versus 98.3 million STG year ago .2016 was another productive year for group that saw our portfolio companies record impressive commercial progress and raise a total of about 230 million STG -chief executive.  Full Article

IP Group announces portfolio co's fundraising
Friday, 9 Dec 2016 02:00am EST 

IP Group Plc : Portfolio company Oxford Sciences Innovation announces 230 million stg fundraising .Has raised 230 million stg in a new financing round via a private placement of ordinary shares.  Full Article

IP Group says portfolio company Ceres Power completes 20 mln stg placing
Thursday, 29 Sep 2016 02:00am EDT 

IP Group Plc : Portfolio company ceres power completes 20 mln stg placing .Ceres power has raised a total of approximately £20.0 by means of a conditional placing with new and existing investors in UK.  Full Article

IP Group says H1 adjusted loss before tax of 31.1 mln stg
Tuesday, 9 Aug 2016 02:00am EDT 

Ip Group Plc : Says adjusted loss before tax of £31.1m (hy15: profit of £70.1m; fy15: profit of £82.4m), excluding amortisation of intangible assets . Says capital provided to portfolio companies and projects: £12.8m (hy15: £15.1m; fy15: £75.9m) . Half-Yearly results . Says fair value of portfolio: £525.7m (hy15: £478.2m; fy15: £552.2m) .Says in shorter term there may be some brexit impact on specific portfolio company financing rounds.  Full Article

Diurnal Group says primary endpoint met in Infacort late-stage study
Monday, 11 Jul 2016 02:00am EDT 

Diurnal Group Plc : Positive headline data Infacort pivotal study . Positive headline data from pivotal study for Infacort in Europe for paediatric adrenal insufficiency (AI) . Primary endpoint met with Infacort treatment achieving target cortisol levels in children aged less than six years . Anticipates market authorisation in late 2017 for Infacort .Will be commencing US registration programme for Infacort in 2016.  Full Article

IP Group says fair value of portfolio 539.3 mln stg at April 30
Thursday, 12 May 2016 02:00am EDT 

Ip Group Plc :As at 30 april 2016, fair value of group's portfolio was 539.3 mln stg compared to 552.2 mln stg at Dec. 31 2015.  Full Article

IP Group plc announces new 30 mlm debt facility
Thursday, 9 Jul 2015 02:00am EDT 

IP Group plc:Has secured 30 mln Pounds, 8-year debt facility from European Investment Bank (EIB).Says facility will be disbursed in two tranches and Group intends to draw down first tranche shortly.Facility provides IP Group with an additional source of long-term capital and represents an evolution in the Group's capital structure to support its future growth and development.IP Group will use proceeds to continue to fund UK university spin-out companies as they develop and mature.In order to secure this funding, Group had to fulfil number of criteria set by EIB which included being financially and technically sound as well as having a strong governance structure and an ethical approach to evaluating spin-out opportunities.Group already works in partnership with the European Investment Fund, which is part of EIB Group and a significant limited partner investor in IP Group's managed funds, IP Venture Fund and IP Venture Fund II LP.  Full Article

IP Group plc announces results of placing
Thursday, 14 May 2015 11:05am EDT 

IP Group plc:Completion of the placing announced earlier.Says a total of 26,500,000 new ordinary shares in the Company have been placed by Numis Securities Limited at a price of 208 pence per Placing Share with strong demand being received from both new and existing institutional investors, raising total gross proceeds of approximately 55.1 mln pounds.Says total expenses directly relevant to the Placing are estimated to be 2.3 pct of the gross proceeds.  Full Article

More From Around the Web

BRIEF-IP Group says portfolio company Ceres Power completes 20 mln stg placing

* Ceres power has raised a total of approximately £20.0 by means of a conditional placing with new and existing investors in UK Source text for Eikon: Further company coverage: