TIDMFIPP

RNS Number : 1279V

Frontier IP Group plc

30 November 2023

RNS

AIM: FIPP

30 November 2023

Frontier IP Group plc

("Frontier IP" or the "Company")

Exercise of Options & Director/PDMR Shareholdings

and

Total Voting Rights

Frontier IP (AIM: FIPP), a specialist in commercialising intellectual property, announces that, on 29 November 2023, Jim Fish (Chief Financial Officer) exercised options to acquire 250,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares") pursuant to the terms of the Company's EMI Share Option Scheme. These options were awarded on 1 April 2014. The options have an exercise price of 26.88p and, if unexercised, the options would have lapsed on 31 March 2024. The exercise of these options will generate proceeds of GBP67,200 for the Company.

Details of the transactions undertaken are set out below:

 
                                                         Interests in 
                                                        Ordinary Shares 
               No of Ordinary       Interests in      held as a percentage 
              Shares over which    Ordinary Shares      of the Company's 
              options have been     following the        enlarged share 
 Director         exercised           exercise              capital 
 Jim Fish         250,000             350,000                0.62% 
            -------------------  -----------------  ---------------------- 
 

Application has been made for the 250,000 new Ordinary Shares to be admitted to trading on AIM and it is expected that Admission will occur on or around 7 December 2023.

In addition, on 29 November 2023, Jacqueline McKay (Chief Operating Officer) transferred 44,000 Ordinary Shares from her personal holding to her self-invested personal pension ("SIPP"). Following the transfer, the beneficial interest of Jacqueline McKay in the Group's Ordinary Shares remains unchanged at 262,855 Ordinary Shares representing 0.47 per cent. of the Group's current issued share capital.

The notifications and public disclosure of transactions by persons discharging managerial responsibilities in accordance with the requirements of the EU Market Abuse Regulation, which forms part of Domestic UK Law pursuant to the European Union (Withdrawal) Act 2018, are appended below.

Total Voting Rights

Upon Admission, the Company's issued share capital will consist of 56,166,946 Ordinary Shares with one voting right each. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company will be 56,166,946. With effect from Admission, this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure Guidance and Transparency Rules.

ENQUIRIES

 
 Frontier IP Group Plc                        T: 020 3968 7815 neil@frontierip.co.uk 
  Neil Crabb, Chief Executive 
                                                                    M: 07464 546 025 
  Andrew Johnson, Communications & Investor          andrew.johnson@frontierip.co.uk 
  Relations 
  Company website: www.frontierip.co.uk 
 Allenby Capital Limited (Nominated                                 T: 0203 328 5656 
  Adviser) 
  Nick Athanas / George Payne 
 Singer Capital Markets (Broker)                                    T: 0207 496 3000 
  Harry Gooden / James Fischer 
 

ABOUT FRONTIER IP

Frontier IP unites science and commerce by identifying strong intellectual property and accelerating its development through a range of commercialisation services. A critical part of the Group's work is involving relevant industry partners at an early stage of development to ensure technology meets real world demands and needs.

The Group looks to build and grow a portfolio of equity stakes and licence income by taking an active involvement in spin-out companies, including support for fund raising and collaboration with relevant industry partners at an early stage of development.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            Jim Fish 
     ------------------------------  ----------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                 Chief Financial Officer 
     ------------------------------  ----------------------------------- 
 b)   Initial notification            Initial notification 
       /Amendment 
     ------------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                            Frontier IP Group plc 
     ------------------------------  ----------------------------------- 
 b)   LEI                             213800BRYUKQPJWKJ312 
     ------------------------------  ----------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ------------------------------------------------------------------- 
 a)   Description of the financial    Options over ordinary shares of 
       instrument, type of             10p each in Frontier IP Group Plc 
       instrument 
       Identification code             Identification code (ISIN) for 
                                       Frontier IP Group Plc ordinary 
                                       shares: GB00B63PS212 
     ------------------------------  ----------------------------------- 
 b)   Nature of the transaction       Exercise of options 
     ------------------------------  ----------------------------------- 
 c)   Price(s) and volume(s)            Price(s)       Volume(s) 
                                         26.88 pence    250,000 
                                                       ---------- 
     ------------------------------  ----------------------------------- 
 d)   Aggregated information 
       - Aggregated volume              250,000 Ordinary Shares 
       - Price                          GBP67,200 
     ------------------------------  ----------------------------------- 
 e)   Date of the transactions        29 November 2023 
     ------------------------------  ----------------------------------- 
 f)   Place of the transaction        Outside a trading venue 
     ------------------------------  ----------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                           Jacqueline McKay 
     -----------------------------  ---------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------- 
 a)   Position/status                Chief Operating Officer 
     -----------------------------  ---------------------------------------------- 
 b)   Initial notification           Initial notification 
       /Amendment 
     -----------------------------  ---------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------------- 
 a)   Name                           Frontier IP Group plc 
     -----------------------------  ---------------------------------------------- 
 b)   LEI                            213800BRYUKQPJWKJ312 
     -----------------------------  ---------------------------------------------- 
 4    Details of the transaction(s): section to be repeated 
       for (i) each type of instrument; (ii) each type of transaction; 
       (iii) each date; and (iv) each place where transactions 
       have been conducted 
     ----------------------------------------------------------------------------- 
 a)   Description of the financial   Ordinary shares of 10p each in 
       instrument, type of            Frontier IP Group Plc 
       instrument 
       Identification code            Identification code (ISIN) for 
                                      Frontier IP Group Plc ordinary 
                                      shares: GB00B63PS212 
     -----------------------------  ---------------------------------------------- 
 b)   Nature of the transaction      Transfer of shares into self-invested 
                                      personal pension (SIPP). Transaction 
                                      effected via sale in own name, 
                                      followed by purchase into SIPP. 
     -----------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)           Price(s)            Volume(s) 
                                        40.5p per 
                                         share (sale 
                                         from 
                                         personal 
                                         holding 
                                         to SIPP)           44,000 
                                                           ---------- 
                                        40.5p per 
                                         share (purchase 
                                         by SIPP 
                                         from personal 
                                         holding)           44,000 
                                                           ---------- 
     -----------------------------  ---------------------------------------------- 
 d)   Aggregated information           Price(s)           Volume(s)  Total 
       - Aggregated volume              40.5p per          44,000     GBP17,820.00 
       - Price                           share (sale 
                                         from 
                                         personal 
                                         holding 
                                         to SIPP) 
                                                          ----------  ------------ 
                                        40.5p per          44,000     GBP17,820.00 
                                         share (purchase 
                                         by SIPP 
                                         from personal 
                                         holding) 
                                                          ----------  ------------ 
     -----------------------------  ---------------------------------------------- 
 e)   Date of the transactions       29 November 2023 
     -----------------------------  ---------------------------------------------- 
 f)   Place of the transaction       London Stock Exchange (AIM) 
     -----------------------------  ---------------------------------------------- 
 

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END

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November 30, 2023 02:00 ET (07:00 GMT)

Frontier IP (AQSE:FIPP.GB)
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から 12 2023 まで 12 2024 Frontier IPのチャートをもっと見るにはこちらをクリック