Frontier IP Group plc
("Frontier IP" or "the Company")
Directors' Dealings
Frontier IP, which specialises in the commercialisation of university intellectual property, announces that it was informed on 14 August 2013 that on that date Andrew Richmond, Non-Executive Chairman, purchased 250,000 ordinary shares in the Company at a price of 9.95p per share. Following the purchase Mr. Richmond has a beneficial interest in 750,000 ordinary shares representing 3.99 per cent. of the issued share capital in the Company.
The Company was also informed on 15 August 2013 that on that date David Cairns, Portfolio Director, purchased 250,000 ordinary shares in the Company at a price of 9.95p per share. Following the purchase Mr. Cairns has a beneficial interest in 620,000 ordinary shares representing 3.30 per cent. of the issued share capital in the Company.
Enquiries
Frontier IP Group Plc |
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0131 220 9491 |
Neil Crabb, Chief Executive |
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Company website: www.frontierip.co.uk
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Cantor Fitzgerald Europe (Nominated Adviser and Joint Broker) |
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020 7894 7000 |
Mark Percy / Catherine Leftley, Corporate Finance |
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David Banks / Paul Jewell, Corporate Broking |
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Peterhouse Corporate Finance Limited (Joint Broker) |
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020 7469 0935 |
Jon Levinson / Lucy Williams |
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Biddicks |
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020 3178 6378 |
Katie Tzouliadis / Alex Shilov |
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Notes to Editor:
Frontier IP specialises in the commercialisation of Intellectual Property. It establishes partnerships with individual universities and research institutions to assist with their spin-out and licensing activities and helps to maximise the commercial value of technologies emerging from their research programmes. www.frontierip.co.uk.