REG - Frontier IP Group - Grant of Options <Origin Href="QuoteRef">FIPPG.L</Origin>

Frontier IPAnnouncement

11/05/2017 07:08

RNS Number : 7955E
Frontier IP Group plc
11 May 2017
AIM: FIPP
11 May 2017
FRONTIER IP GROUP PLC
("Frontier IP" or "the Company")
Grant of Options
Frontier IP, which specialises in the commercialisation of intellectual property, is pleased to announce that its Board has granted options over ordinary shares of 10p each in the Company to the directors below.


Options granted
10 May 2017

Total options
following grant
Neil Crabb

124,000

1,059,000
Jacqueline McKay

95,000

495,000
James Fish

95,000

495,000
David Cairns

40,000

365,000
All options are awarded under the Company's Share Option Scheme, the Frontier IP Group plc Employee Share Option Scheme 2011. The options have been awarded at an exercise price of 40 pence per share (being greater than the closing price of the ordinary shares on 10 May 2017) and the exercise period commences on the third anniversary of the date of grant and expires on the day preceding the tenth anniversary thereof.
Enquiries
Frontier IP Group Plc
T: 0131 240 1251
Neil Crabb, Chief Executive
Company website:www.frontierip.co.uk



Cenkos Securities plc (Nominated Adviser and Joint Broker)
T: 0131 220 6939
Neil McDonald / Beth McKiernan 



Peterhouse Corporate Finance Limited (Joint Broker)
T: 020 7469 0935
Lucy Williams



Kreab (Financial PR)
T: 020 7074 1800
Robert Speed / Matthew Jervois

Notes to Editor:
Frontier IP Group plc 
www.frontierip.co.uk.
Frontier IP specialises in assisting institutions and companies in the commercialisation and
exploitation of their intellectual property. It establishes formal and informal relationships with
sources of exploitable IP, principally universities. Its core business is building and growing a portfolio of equity stakes in spinout companies by taking an active involvement in the commercialisation and funding of these businesses.

This information is provided by RNS
The company news service from the London Stock Exchange
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