IPH Limited has completed an AU$100 million Institutional Placement.

IPH Limited (IPH) announced the successful completion of its AU$100 million fully underwritten institutional placement. The overwhelming support from existing and new institutional investors reflects the high demand, exceeding the targeted funds. It is thankful for the continued support of existing shareholders and the enthusiasm of new and existing institutional investors for the placement and acquisition of Bereskin & Parr.

Dr Andrew Blattman, IPH's Managing Director & CEO, expressed gratitude for the robust demand and the strategic benefits that Bereskin & Parr will bring to IPH's position in the Canadian IP market. This acquisition aligns with its ambition to solidify its position as the leading IP services group in secondary IP markets.

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