Frontier Ip Share News (FIPP)

IN BRIEF: Frontier IP cuts interest in portfolio company, Exscientia

Frontier IP Group PLC - London-based intellectual property commercialisation company - Raises around USD1.86 million by selling a further 288,850 American Depositary Shares of portfolio company Exscientia at an average price of USD6.47. Sale took place between April 25 and May 30. Explains the book value of the ADSs sold was GBP1.28 million and the Exscientia share sales have generated an estimated realised loss of GBP1.10 million for the financial year to June 30. Frontier now holds 493,550 ADSs in Exscientia. Plans to use proceeds for general working capital purposes and to provide further support to existing portfolio companies. Frontier has now sold 1.1 million Exscientia ADSs since January 10 2022, for net proceeds of around GBP11.45 million.

Topps Tiles and Alusid partner on launch of sustainable wall tiles

(Alliance News) - Frontier IP Group PLC on Tuesday said that its portfolio company, Alusid Ltd, has launched its first range of mass-produced wall tiles with Topps Tiles PLC.

TRADING UPDATES: Foresight Solar Fund NAV up in 2022, raises dividend

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

TRADING UPDATES: DP Eurasia annual sales grow despite Russia decline

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

TRADING UPDATES: Mobile Tornado loses CEO; DeepVerge revenue jumps

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Frontier IP says completed study vindicates portfolio's technology

(Alliance News) - Frontier IP Group PLC on Monday said that its portfolio company, Vaccine Group, has successfully completed a project to develop a transmissible vaccine for use in the rats that spread Lassa fever, in order to reduce its threat to humans.

UK shareholder meetings calendar - next 7 days

Frontier IP investee develops vaccine candidate for Streptococcus suis

(Alliance News) - Frontier IP PLC on Friday said portfolio company The Vaccine Group has successfully completed a project to develop a vaccine candidate against Streptococcus suis.

DIRECTOR DEALINGS: Chesnara CEO buys shares; Frontier's Director sells

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately reported by Alliance News:

TRADING UPDATES: Leeds revenue down; Frontier IP completes fundraise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

TRADING UPDATES: Henderson ups dividend; Riverstone names new chair

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

IN BRIEF: Frontier IP's portfolio firm Elute hires Cable as new CEO

Frontier IP Group PLC - London-based intellectual property commercialisation company - Says portfolio firm Elute Intelligence Holdings Ltd has hired Steve Cable as chief executive officer. Says he will guide Elute through the development of existing products with an emphasis on product alignment, market traction and commercial growth. "The Elute technology is based on encoding forensic linguistic principles in software," adds Frontier.

IN BRIEF: Frontier IP portfolio firm Pulsiv releases new technology

Frontier IP Group PLC - London-based intellectual property commercialisation company - Notes that portfolio company Pulsiv Ltd has launched new Pulsiv OSMIUM product. Product delivers "high power factor, consistently high efficiency and an ultra-compact system design." Pulsiv believes the new technology "significantly improves the energy efficiency of power supplies and battery chargers" helping to cut energy consumption globally. Pulsiv says it is in "advanced discussions" with major manufacturers and has signed a distribution agreement with Astute Electronics Ltd. It has also signed "a global distribution agreement" with Digikey Electronics, the world's fifth-largest electronic components distributor.

IN BRIEF: Frontier IP sells USD4.7 million in Exscientia shares

Frontier IP Group PLC - London-based intellectual property commercialisation company - Sells 391,200 American Depositary Shares held in portfolio firm Exscientia PLC at an average price of USD11.97 per ADS, totalling USD4.7 million.

IN BRIEF: Frontier IP investee raises GBP1.3 million in funding round

Frontier IP Group PLC - London-based intellectual property commercialisation company - Announces its portfolio company CamGraPhIC has raised GBP1.3 million through an equity funding round from existing and new investors to develop and scale-up its graphene-based photonics technology. The technology is being developed for use in high-speed data and telecommunications networks.