RNS Number : 2744J
Frontier IP Group plc
09 December 2022
 

RNS

AIM: FIPP

9 December 2022

 

 

Frontier IP Group Plc

("Frontier IP" or the "Group")

 

 

Result of Annual General Meeting

 

Frontier IP (AIM: FIPP), a specialist in commercialising intellectual property, announces that at its annual general meeting, held earlier today, all resolutions were duly passed with the table below summarising proxy votes received.

 

 RESOLUTIONS

NO OF VOTES FOR

% OF VOTES CAST (EXCLUDING VOTES WITHELD)

NO OF VOTES AGAINST

% OF VOTES CAST (EXCLUDING VOTES WITHELD)

TOTAL VOTES CAST (EXCLUDING VOTES WITHHELD)

NO OF VOTES WITHHELD

ORDINARY

1) To receive the audited consolidated financial statements of the Company and its subsidiaries for the year ended 30 June 2022, together with the reports of the Directors and the Auditor thereon.

31,762,286

100.0%

0

0.0%

31,762,286

0

2) To approve the report of the Board to the members on directors' remuneration for the year ended 30 June 2022.

31,746,575

100.0%

4,800

0.0%

31,751,375

10,911

3) To re-appoint James M Fish as a Director of the Company, who retires by rotation and, being eligible, is offering himself for reappointment.

31,759,602

100.0%

0

0.0%

31,759,602

2,684

4) To re-appoint Campbell Wilson as a Director of the Company, who retires by rotation and, being eligible, is offering himself for reappointment.

31,759,602

100.0%

0

0.0%

31,759,602

2,684

5) To re-appoint BDO LLP as auditor of the Company to hold office until the conclusion of the next general meeting at which financial statements are laid before shareholders.

31,757,658

100.0%

4,628

0.0%

31,762,286

0

6) To authorise the Directors to determine the auditor's remuneration.

31,759,602

100.0%

2,684

0.0%

31,762,286

0

7) To authorise the directors to allot shares.

28,377,302

89.3%

3,383,534

10.7%

31,760,836

1,450

8) To approve the Frontier IP Group plc Long Term Incentive Plan. 

28,371,240

89.4%

3,376,001

10.6%

31,747,241

15,045

SPECIAL

9) Authority to disapply pre-emption rights in connection with the allotment and issue of equity securities for cash in relation to (i) share option schemes; (ii) rights issue or similar offer; or (iii) allotment of equity securities up to 5% of the issued share capital.

28,365,452

89.3%

3,395,384

10.7%

31,760,836

1,450

10) Authority to disapply pre-emption rights to allot equity securities for cash.

31,745,351

99.95%

15,485

0.05%

31,760,836

1,450

11) Authority to purchase own shares on market.

27,193,531

99.97%

9,051

0.03%

27,202,582

4,559,704

 

 

Votes which have been cast at the discretion of the Chairman have been counted as votes for the resolutions. Votes Withheld are not votes in law and do not count in the number of votes counted for or against a resolution.

 

 

ENQUIRIES

 

Frontier IP Group Plc

Neil Crabb, Chief Executive

Andrew Johnson, Communications and Investor Relations

andrew.johnson@frontierip.co.uk

Company website: www.frontierip.co.uk

 

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

M: 07464 546 025

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.

 

 

 

 

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