Frontier IP Group plc Director/PDMR Shareholding (6741H)

TIDMFIPP

RNS Number : 6741H

Frontier IP Group plc

25 November 2022

RNS

AIM: FIPP

25 November 2022

Frontier IP Group plc

("Frontier IP" or the "Group")

Director / PDMR Shareholding

Frontier IP (AIM: FIPP), a specialist in commercialising intellectual property, announces that, on 24 November 2022, Jacqueline McKay (Chief Operating Officer) transferred 31,015 ordinary shares of 10 pence each in the Group ("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.

The notification 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, is appended below.

ENQUIRIES

 
 Frontier IP Group Plc                        T: 020 3968 7815 [e-mail] 
  Neil Crabb, Chief Executive 
                                                                    M: 07464 546 025 
  Andrew Johnson, Communications & Investor          [e-mail] 
  Relations 
  Frontier IP 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 
  Sandy Fraser / Harry Gooden / George 
  Tzimas 
 

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                              Jacqueline McKay 
     --------------------------------  ---------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------------- 
 a)   Position/status                   Chief Operating Officer 
     --------------------------------  ---------------------------------------------- 
 b)   Initial notification /Amendment   Initial notification 
     --------------------------------  ---------------------------------------------- 
 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 Frontier 
       instrument, type of instrument    IP Group Plc 
       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) 
                                           89.0p per 
                                            share (sale 
                                            from 
                                            personal 
                                            holding to 
                                            SIPP)              31,015 
                                                              ---------- 
                                           89.0p per 
                                            share (purchase 
                                            by SIPP from 
                                            personal 
                                            holding)           31,015 
                                                              ---------- 
     --------------------------------  ---------------------------------------------- 
 d)   Aggregated information              Price(s)           Volume(s)  Total 
       - Aggregated volume                 89.0p per          31,015     GBP27,603.35 
       - Price                              share (sale 
                                            from 
                                            personal 
                                            holding to 
                                            SIPP) 
                                                             ----------  ------------ 
                                           89.0p per          31,015     GBP27,603.35 
                                            share (purchase 
                                            by SIPP from 
                                            personal 
                                            holding) 
                                                             ----------  ------------ 
     --------------------------------  ---------------------------------------------- 
 e)   Date of the transactions          24 November 2022 
     --------------------------------  ---------------------------------------------- 
 f)   Place of the transaction          London Stock Exchange (AIM) 
     --------------------------------  ---------------------------------------------- 
 

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END

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November 25, 2022 09:23 ET (14:23 GMT)