Frontier IP Group plc Director/PDMR Dealing (1974G)
11 Novembre 2022 - 4:07PM
UK Regulatory
TIDMFIPP
RNS Number : 1974G
Frontier IP Group plc
11 November 2022
RNS
AIM: FIPP
11 November 2022
Frontier IP Group plc
("Frontier IP" or the "Group")
Director/PDMR Dealing
Frontier IP, a specialist in commercialising intellectual
property, announces that Andrew Richmond, Non-Executive Chairman,
has, between 9 November 2022 and 11 November 2022, sold a total of
150,000 ordinary shares of 10p each ("Ordinary Shares") in Frontier
IP, at an average price of 69.0 pence per share.
Following the sale, Andrew Richmond has an interest in 850,000
Ordinary Shares, representing 1.55% of the Group's issued share
capital.
The notification below, which has been made in accordance with
the requirements of the UK Market Abuse Regulation, provides
further detail.
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 Andrew Richmond
-------------------------------- ----------------------------------------
2 Reason for the notification
--------------------------------------------------------------------------
a) Position/status Non-Executive Chairman
-------------------------------- ----------------------------------------
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
instrument, type of instrument
Identification code ISIN: GB00B63PS212
-------------------------------- ----------------------------------------
b) Nature of the transaction Sale of Ordinary Shares
-------------------------------- ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
71.25 pence 30,000 shares sold (9
November 2022)
-----------------------
68.5 pence 50,000 shares sold (10
November 2022)
-----------------------
68.2 pence 25,000 shares sold (10
November 2022)
-----------------------
68.5 pence 45,000 shares sold (11
November 2022)
-----------------------
-------------------------------- ----------------------------------------
d) Aggregated information
- Aggregated volume 150,000
- Price Average price of 69 pence per share
- Aggregate amount GBP103,500
-------------------------------- ----------------------------------------
e) Date of the transactions 9 November 2022, 10 November 2022
and 11 November 2022
-------------------------------- ----------------------------------------
f) Place of the transaction London Stock Exchange (AIM)
-------------------------------- ----------------------------------------
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
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.
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END
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