FIPP Frontier Ip Group Plc

TIDMFIPP

RNS Number : 7955E

Frontier IP Group plc

11 May 2017

AIM: FIPP

11 May 2017

FRONTIER IP GROUP PLC

("Frontier IP" or "the Company")

Grant of Options

Frontier IP, which specialises in the commercialisation of intellectual property, is pleased to announce that its Board has granted options over ordinary shares of 10p each in the Company to the directors below.

 
                   Options   Total options 
                   granted       following 
                    10 May           grant 
                      2017 
 Neil Crabb        124,000       1,059,000 
 Jacqueline 
  McKay             95,000         495,000 
 James Fish         95,000         495,000 
 David Cairns       40,000         365,000 
 

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 40 pence per share (being greater than the closing price of the ordinary shares on 10 May 2017) 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

 
 Frontier IP Group Plc                    T: 0131 240 1251 
 Neil Crabb, Chief Executive 
  Company website: www.frontierip.co.uk 
 
 Cenkos Securities plc (Nominated         T: 0131 220 6939 
  Adviser and Joint Broker) 
 Neil McDonald / Beth McKiernan 
 
 Peterhouse Corporate Finance             T: 020 7469 0935 
  Limited (Joint Broker) 
 Lucy Williams 
 
 Kreab (Financial PR)                     T: 020 7074 1800 
 Robert Speed / Matthew Jervois 
 

Notes to Editor:

Frontier IP Group plc

www.frontierip.co.uk.

Frontier IP specialises in assisting institutions and companies in the commercialisation and

exploitation of their intellectual property. It establishes formal and informal relationships with

sources of exploitable IP, principally universities. Its core business is building and growing a portfolio of equity stakes in spin--out companies by taking an active involvement in the commercialisation and funding of these businesses.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 11, 2017 02:01 ET (06:01 GMT)

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