Frontier IP Group plc Director Dealing (5331H)
November 15 2018 - 10:08AM
UK Regulatory
TIDMFIPP
RNS Number : 5331H
Frontier IP Group plc
15 November 2018
15 November 2018
Frontier IP Group plc
("Frontier IP" or the "Company")
Director Dealing
Frontier IP, which specialises in commercialising university
intellectual property, has been informed by Andrew Richmond,
Non-Executive Chairman, that his SIPP has today purchased 200,000
ordinary shares in the Company ("Ordinary Shares") at 67.5p per
share and that he has today sold 200,000 Ordinary Shares at 67.5p
per share. Following these transactions, Mr Richmond continues to
have an interest in 1,000,000 Ordinary Shares, representing
approximately 2.61 per cent. of the current issued share capital of
the Company.
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 Andrew Richmond
-------------------------------- --------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------
a) Position/status Non-Executive Chairman
-------------------------------- --------------------------------------------
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 Ordinary shares of 10p each in Frontier
instrument, type of instrument IP Group Plc
Identification code
Identification code (ISIN) for Frontier
IP Group Plc ordinary shares: GB00B63PS212
-------------------------------- --------------------------------------------
b) Nature of the transaction Purchase of shares
-------------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
67.5p 200,000
----------
-------------------------------- --------------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
-------------------------------- --------------------------------------------
e) Date of the transactions 15 November 2018
-------------------------------- --------------------------------------------
f) Place of the transaction XLON, London Stock Exchange (AIM)
-------------------------------- --------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Andrew Richmond
-------------------------------- --------------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------
a) Position/status Non-Executive Chairman
-------------------------------- --------------------------------------------
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 Ordinary shares of 10p each in Frontier
instrument, type of instrument IP Group Plc
Identification code
Identification code (ISIN) for Frontier
IP Group Plc ordinary shares: GB00B63PS212
-------------------------------- --------------------------------------------
b) Nature of the transaction Sale of shares
-------------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
67.5p 200,000
----------
-------------------------------- --------------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
-------------------------------- --------------------------------------------
e) Date of the transactions 15 November 2018
-------------------------------- --------------------------------------------
f) Place of the transaction XLON, London Stock Exchange (AIM)
-------------------------------- --------------------------------------------
Enquiries:
Frontier IP Group plc T: 0131 240 1251
Neil Crabb, Chief Executive
Andrew Johnson, Communications & Investor M: 07464 546
Relations 025
www.frontierip.co.uk
Allenby Capital Limited (Nominated Adviser T: 0203 328 5656
and Broker)
Nick Athanas / Nicholas Chambers (Corporate
Finance)
Amrit Nahal (Equity Sales)
Notes to Editors:
Frontier IP unites science and commerce by identifying strong
intellectual property and accelerating its development through a
range of commercialisation services. 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.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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