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RNS Number : 9589C Frontier IP Group plc 31 March 2025
RNS
AIM: FIPP
31 March 2025
Frontier IP Group plc
("Frontier IP" or the "Group")
Director/PDMR Shareholdings
Frontier IP (AIM: FIPP), a specialist in commercialising intellectual
property, announces that it was informed on 28 March 2025 that, on 27 March
2025, Jacqueline McKay (Chief Operating Officer) sold 61,224 ordinary shares
of 10 pence each ("Ordinary Shares") at a price of 24.5 pence per Ordinary
Share. Jacqueline McKay immediately repurchased a total of 61,224 Ordinary
Shares (being equal to the total amount of shares sold) for her SIPP at a
price of 24.5 pence per Ordinary Share. Following these transactions,
Jacqueline McKay's total beneficial interest in the Company remains unchanged
at 316,426 Ordinary Shares.
In addition, the Company was informed on 27 March 2025 that, on 27 March 2025,
Matthew White (Chief Commercialisation Officer) sold 89,286 Ordinary Shares at
a price of 23 pence per Ordinary Share. Matthew White immediately repurchased
a total of 89,286 Ordinary Shares (being equal to the total amount of shares
sold) for his SIPP at a price of 23.03 pence per Ordinary Share. Following
these transactions, Matthew White's total beneficial interest in the Company
remains unchanged at 89,286 Ordinary Shares.
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 T: 020 3968 7815 neil@frontierip.co.uk (mailto:neil@frontierip.co.uk)
Neil Crabb, Chief Executive
M: 07464 546 025
Andrew Johnson, Communications & Investor Relations andrew.johnson@frontierip.co.uk (mailto:andrew.johnson@frontierip.co.uk)
Company website: www.frontierip.co.uk (http://www.frontierip.co.uk/)
Allenby Capital Limited (Nominated Adviser) T: 0203 328 5656
Nick Athanas / Dan Dearden-Williams
Singer Capital Markets (Broker) T: 0207 496 3000
Charles Leigh-Pemberton / 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.
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 1) Jacqueline McKay
2) Matthew White
2 Reason for the notification
a) Position/status 1) Chief Operating Officer
2) Chief Commercialisation 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 Ordinary shares of 10p each in Frontier IP Group Plc
Identification code
Identification code (ISIN) for Frontier IP Group Plc ordinary shares:
GB00B63PS212
b) Nature of the transaction Purchase and sale of Ordinary Shares
c) Price(s) and volume(s) Transaction Price(s) Volume(s)
1)Sale of shares 1)24.5 pence 1)61,224
1)Purchase of shares 1)24.5 pence 1)61,224
2)Sale of shares 2)23 pence 2)89,286
2)Purchase of shares 2)23.03 pence 2)89,286
d) Aggregated information
- Aggregated volume N/A
- Price
e) Date of the transactions 27 March 2025
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transactions
27 March 2025
f)
Place of the transaction
London Stock Exchange
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