Grant of Options

RNS Number : 6250V

Frontier IP Group plc

16 January 2013

 



AIM: FIPP

FRONTIER IP GROUP PLC

("Frontier IP" or "the Group" or "the Company")

Grant of Options

Frontier IP, which specialises in the commercialisation of intellectual property, announces that its Board on 15 January 2013 granted options over ordinary shares of 10p each in the Company to the directors below, as previously set out in the Letter to Shareholders of 7 November 2012.

		Options granted 15 January		Total options following grant
Neil Crabb		456,825		456,825
Jackie McKay		195,782		195,782
David Cairns		195,782		195,782

All options are awarded under the Company's Share Option Scheme, the Frontier IP Group plc Employee Share Option Scheme 2011.  The options have been awarded at an exercise price of 15p and the exercise period commences on the third anniversary of the date of grant and expires on the day preceding the tenth anniversary thereof.

Enquiries

Company website: www.frontierip.co.uk

Frontier IP Group Plc				T: 0131 220 9491
Neil Crabb, Chief Executive
Seymour Pierce Ltd (Nominated Adviser and Joint Broker)				T: 020 7107 8000
Guy Peters / Julian Erleigh - Corporate Finance
David Banks / Paul Jewell - Corporate Broking
Peterhouse Corporate Finance Limited (Joint Broker)				T: 020 7469 0935
Jon Levinson / Lucy Williams
Biddicks				T: 020 3178 6378
Katie Tzouliadis

 

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