Frontier IP Group plc Grant of Options (4272U)

TIDMFIPP

RNS Number : 4272U

Frontier IP Group plc

07 April 2016

AIM: FIPP

7 April 2016

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 
                   7 April           grant 
                      2016 
 Neil Crabb        350,000         935,000 
 Jacqueline 
  McKay            150,000         400,000 
 James Fish        150,000         400,000 
 David Cairns       75,000         325,000 
 

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 26.63 pence per share (the closing price of the ordinary shares on 6 April 2016) 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 
 Cantor Fitzgerald Europe                  T: 020 7894 
  (Nominated Adviser and Joint                    7000 
  Broker) 
 David Foreman / Catherine Leftley, 
  Corporate Finance 
 
 Peterhouse Corporate Finance              T: 020 7469 
  Limited (Joint Broker)                          0935 
 Lucy Williams 
 
 Kreab                                     T: 020 7074 
  (Financial PR)                                  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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April 07, 2016 02:00 ET (06:00 GMT)