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

Neil Crabb, Chief Executive

 

Andrew Johnson, Communications & Investor Relations

Frontier IP website: www.frontierip.co.uk

 

T: 020 3968 7815 neil@frontierip.co.uk

 

M: 07464 546 025

andrew.johnson@frontierip.co.uk

 

Allenby Capital Limited (Nominated Adviser)

Nick Athanas / George Payne

 

T: 0203 328 5656

Singer Capital Markets (Broker)

Sandy Fraser / Harry Gooden / George Tzimas

T: 0207 496 3000

 

 

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 instrument, type of instrument

Identification code

Ordinary shares of 10p each in Frontier IP Group Plc

 

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

- Aggregated volume

- Price

 

 Price(s)

Volume(s)

Total

89.0p per share (sale from

personal holding to SIPP)

31,015

£27,603.35

89.0p per share (purchase by SIPP from personal holding)

31,015

£27,603.35

e)

Date of the transactions

24 November 2022

 

f)

Place of the transaction

London Stock Exchange (AIM)

 

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