IP Group gobbles up Parkwalk for £10m
16th Dec 2016 07:07
(ShareCast News) - Developer of intellectual property-based businesses IP Group announced on Friday that it has agreed to acquire Parkwalk Advisors, the UK's leading university spin-out focused EIS fund manager, for an initial consideration of £10m. The FTSE 250 company said Parkwalk, founded in 200
Read moreIP Group's investment in Oxford Nanopore gains in value
12th Dec 2016 07:47
(ShareCast News) - IP Group's stake in portfolio company Oxford Nanopore Technologies has gained in value after the DNA sequencing outfit raised £100m from IP, Woodford Investment Management and GT Healthcare. FTSE 250-listed IP's 19.7% stake, including the £19.5m it has invested this year, was valu
Read moreIP Group's OSI raises £230m
9th Dec 2016 08:27
(ShareCast News) - IP Group, the developer of intellectual property-based businesses, said its portfolio company, Oxford Sciences Innovation (OSI) had raised £230m in a new round of financing. OSI provides capital and scaling expertise to businesses driven by intellectual property developed at the U
Read moreIP Group takes bigger chunk of Ceres after placing
29th Sep 2016 07:45
(ShareCast News) - Intellectual property-based business developer IP Group revised its holding in portfolio company Ceres Power Holdings on Thursday, after the latter raised a total of £20m before expenses by means of a conditional placing with new and existing investors in the UK. The FTSE 250 firm
Read moreIP Group's half year pre-tax losses narrows
9th Aug 2016 09:24
(ShareCast News) - Technology venture capital company IP Group's half year pre-tax losses narrowed and while it remained cautious about the short-term impact of the Brexit vote, it was confident about the long-term prospects. For the six months ended 30 June, adjusted loss before tax narrowed by 56
Read moreDiurnal and IP Group eye 2017 launch for childhood hormonal treatment
11th Jul 2016 08:00
(ShareCast News) - Diurnal Group, 45%-owned by university spin-out specialist IP Group, has produced positive clinical trial results for its treatment for a rare hormonal disease in young children. A European Phase III study for AIM-quoted Diurnal's Infacort treatment for paediatric Adrenal Insuffic
Read moreIP Group receives £13.1m from sale of Tracsis
10th Mar 2016 14:59
(ShareCast News) - IP Group has received net cash proceeds of £13.1m from the sale of its entire holding in portfolio company Tracsis. The FTSE 250 group, which develops intellectual property-based businesses, said total proceeds to date, including dividends, came to £14.3m. This represents an inte
Read moreIP Group profit leaps ahead in 2015
1st Mar 2016 09:28
(ShareCast News) - IP Group's portfolio expansion and equity raising were a winning strategy in 2015, according to the company's final results published on Tuesday morning. The FTSE 250 intellectual property firm saw net assets, excluding intangibles, increase to £714.3m during the year, from £451.3
Read moreIP Group expects 2015 to be most successful year
12th Jan 2016 07:42
(ShareCast News) - IP Group said on Tuesday it expects 2015 to be its "most successful year" when it comes to financial performance. The FTSE 250 intellectual property-based business developer posted a trading statement, ahead of its full year results due at the beginning of March. It said the grou
Read moreIP Group portfolio company Xeros Technology raises GBP40m in placing
12th Nov 2015 10:16
(ShareCast News) - IP Group's portfolio company Xeros Technology Group has raised around £40m via a share placing at 225p per share. The proceeds from the placing will be used to build on Xeros' progress in its commercial laundry business and to capitalise on opportunities for its polymer bead innov
Read moreIP Group's portfolio company raises GBP10.1m
2nd Nov 2015 08:08
(ShareCast News) - IP Group's portfolio company, Ultrahaptics Limited, has completed a fundraising for £10.1m. IP, which develops intellectual property-based businesses, said that following completion of the financing round, its undiluted beneficial stake of 30.1% Ultrahaptics is valued at £7.1m and
Read moreIP Group's CFO sells shares after fundraising
4th Sep 2015 16:00
(ShareCast News) - IP Group's chief financial officer sold shares in the developer of intellectual property-based businesses. Greg Smith made £202,050 by selling 90,000 shares at an individual price of 224.5p. He now holds 240,233 shares in the company. Last month, IP Group's portfolio company, Fir
Read moreIP Group's First Light Fusion completes £22.7m fundraising
14th Aug 2015 07:11
(ShareCast News) - IP Group's portfolio company, First Light Fusion - a spinout from the University of Oxford - has completed a fundraising of up to £22.7m. First Light has discovered new implosion processes that can achieve the high temperatures and compression necessary for fusion reactions and th
Read moreIP Group shares lift on portfolio rise
5th Aug 2015 09:01
(ShareCast News) - Intellectual Property investor IP Group said its portfolio was up by more than 50%, in a half yearly update on Wednesday. Shares in the FTSE 250 listed stock were up 2.16% to 214.02p at 0807 BST. IP Group said its portfolio was up to £478.2m in the first half of 2015 from £319.6m
Read moreIP Group books gains from Oxford Nanopore fundriasing
21st Jul 2015 09:33
(ShareCast News) - IP Group has made a £50.3m fair value gain in the value of its stake in portfolio company Oxford Nanopore Technologies after the Oxford University spin-out venture raised £70m in a new financing round. Following the private placement of new shares, which IP Group invested a furthe
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