Frontier IP Group plc Board Appointment (0991U)

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RNS Number : 0991U

Frontier IP Group plc

27 March 2019

27 March 2019

Frontier IP Group Plc

("Frontier IP" or the "Group")

Board Appointment

Frontier IP, a specialist in commercialising university intellectual property, is pleased to announce that Matthew White has joined the Board of Frontier IP with immediate effect. Matthew was appointed to the senior management team of Frontier IP as Director of Commercialisation on 17 September 2018 and will continue in this role.

Matthew has over 23 years' experience in technology, product and service innovation, business development and marketing. In his previous role he was Head of Innovation at AB Sugar, part of FTSE 100 group AB Foods. He also has extensive experience working with university partners. Before joining AB Sugar, Matthew was Director of Consumer Products for international technology consulting and product development business, Sagentia Limited, working across a wide range of sectors. He started his career at Neotronics Scientific, one of the first companies to commercialise electronic odour sensing. He has a Natural Sciences degree majoring in Chemistry from the University of Cambridge.

Neil Crabb, CEO of Frontier IP Group plc, said: "Matt has proved a great addition to our team since joining us last year with his expertise helping to drive innovation for a FTSE 100 group and, before then, working for a leading Cambridge consultancy.

His experience is central to what we do at Frontier IP in supporting our portfolio companies through early industry engagement to ensure their technology works, can be scaled up and meets the needs and demands of customers in the real world. His well-deserved appointment to the board reflects the invaluable work he has undertaken to date."

Regulatory Disclosures

In accordance with Rule 17 and Schedule 2(g) of the AIM Rules for Companies, Matthew Charles White, aged 45, does not hold any current directorships or partnerships, nor has he held any directorships or partnerships within the last five years.

Matthew White does not currently hold any ordinary shares in Frontier IP. He holds 136,000 options over ordinary shares and further details on the options granted to Matthew White were announced by the Company on 15 November 2018.

There is no other information required to be disclosed under the AIM Rules for Companies in relation to the appointment of Matthew White to the board of Frontier IP.

ENQUIRIES

 
 
 Frontier IP Group Plc                        T: 0131 240 1251 
 Neil Crabb, Chief Executive Officer 
 Andrew Johnson, Communications & Investor    M: 07464 546 025 
  Relations 
 
 Allenby Capital Limited (Nominated Adviser   T: 0203 328 5656 
  and Broker) 
 Nick Athanas 
 Nicholas Chambers 
 

ABOUT FRONTIER IP: www.frontierip.co.uk

Frontier IP unites science and commerce by identifying strong intellectual property and accelerating its development through a range of commercialisation services.

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.

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END

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March 27, 2019 03:01 ET (07:01 GMT)