IP Group

IP Group reports a NAV per share of 114p as of 30 June 2026, which rose to around 117p by 11 September. Cash realisations more than doubled to £69m, boosting liquidity and lifting the post-period gross cash position to £256m. Fair-value gains of about £31m — largely from licence fees related to Pfizer’s obesity programme — and progress at holdings such as Oxford Nanopore supported the result. Management is targeting cumulative exits of £250m by end-2027 and has earmarked £50m for returns to shareholders. » Więcej na de.investing.com

The Railways Pension Trustee Company (Railpen) has confirmed it will not submit a takeover offer for IP Group because it is subject to the restrictions of Rule 2.8 of the City Code. IP Group had extended the “put up or shut up” deadline but was unable to reach an agreed solution with Railpen. The company is therefore ending the offer phase and will focus on capital allocation, implementing its portfolio strategy, realising cash and expanding its platform for third‑party capital; the portfolio is expected to deliver potential value‑enhancing milestones over the next 18 months. » Więcej na de.investing.com

IP Group’s board rejected a revised offer from Railpen of 71.3 pence per share, saying it undervalued the company’s future potential. Railpen’s offer (around £630m) comprised 61p in cash, 10.3p for the stake in Oxford Nanopore and a conditional value right of up to 11.3p for Metsera, which could raise the total value to as much as £730m. Without the conditional value right the offer represented a roughly 10.2% premium to the closing price; Railpen holds 18.4% of IP Group. The Takeover Panel granted an extension until 27 July, by which Railpen must table a binding offer or withdraw its intentions. » Więcej na de.investing.com

IP Group invites shareholders to its annual general meeting on 18 June 2026 at 11:00 at its offices at 3 Pancras Square, King’s Cross, London; refreshments will be available from 10:30. Printed notices and proxy forms have been sent to shareholders and are available electronically on the company website; virtual access via “Investor Meet Company” will be provided, but online voting is not possible. Voting may be conducted in person or by proxy (the company recommends submitting proxies early). Questions to the board may be submitted via the platform until 17 June 2026, 09:00, or by email up to 48 hours before the meeting; relevant documents can be inspected via the FCA’s National Storage Mechanism. » Więcej na de.investing.com

IP Group has appointed Michael Queen as a non-executive member and designated chairman of the board; he will succeed Sir Douglas Flint after the annual general meeting on 18 June 2026. Queen was previously chief executive of 3i Group, founded 3i Infrastructure and is currently chairman of Coller Capital and Thames Tideway Tunnel. The appointment completes the succession process for the chair that began last year. » Więcej na de.investing.com