REG - Frontier IP Group - Board changes

Frontier IPAnnouncement

31/10/2023 07:15

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RNS Number : 7794R  Frontier IP Group plc  31 October 2023

RNS

AIM: FIPP

31 October 2023

Frontier IP Group Plc

("Frontier IP" or the "Group")

 

Board changes

 

Frontier IP, a specialist in commercialising intellectual property, announces
that Andrew Richmond, currently Non-Executive Chairman, will be stepping down
from the board of Frontier IP having served on the board for more than 11
years. Andrew will remain on the board until the Company's next annual general
meeting ("AGM"), expected to be held in December 2023, where he will not seek
re-election as a director.

 

Dame Julia King, Baroness Brown of Cambridge, who joined the Frontier IP board
of directors in October 2021 and is currently the Senior Independent Director
on the board, will assume the role of Chair with effect from the conclusion of
the forthcoming AGM.

 

Andrew Richmond, Chair, said: "It has been an immense privilege to serve on
the board of such an exciting company and to witness the Group's growth during
my time here. Julia has already proved to be an invaluable member of the
board. In the two years she has been with us, she has put her extensive
experience and knowledge of industry, academic and the political world to
Frontier IP's great benefit. The Group will be in capable hands."

 

Neil Crabb, Frontier IP Chief Executive Officer, said: "I would like to take
this opportunity to thank Andrew for his service, support, and counsel over
the years of our growth and wish him every success for the future.  I also
look forward to welcoming Julia as Chair for the next phase of our evolution."

 

 

ENQUIRIES

 

 Frontier IP Group Plc                                                  T: 020 3968 7815
 Neil Crabb, Chief Executive                                            neil@frontierip.co.uk

 Andrew Johnson, Communications & Investor Relations                    M: 07464 546 025

 Company website: www.frontierip.co.uk (http://www.frontierip.co.uk/)

 Allenby Capital Limited (Nominated Adviser)                            T: 0203 328 5656

 Nick Athanas / George Payne

 Singer Capital Markets (Broker)                                        T: 0207 496 3000

 Harry Gooden / James Fischer

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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