16 Jan 2013 07:00
AIM: FIPP
FRONTIER IP GROUP PLC
("Frontier IP" or "the Group" or "the Company")
Grant of Options
Frontier IP, which specialises in the commercialisation of intellectual property, announces that its Board on 15 January 2013 granted options over ordinary shares of 10p each in the Company to the directors below, as previously set out in the Letter to Shareholders of 7 November 2012.
Options granted 15 January | Total options following grant
| |||
Neil Crabb | 456,825 | 456,825 | ||
Jackie McKay | 195,782 | 195,782 | ||
David Cairns | 195,782 | 195,782 |
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 15p 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
Company website: www.frontierip.co.uk
Frontier IP Group Plc | T: 0131 220 9491 | ||||
Neil Crabb, Chief Executive | |||||
Seymour Pierce Ltd (Nominated Adviser and Joint Broker) | T: 020 7107 8000 | ||||
Guy Peters / Julian Erleigh - Corporate Finance | |||||
David Banks / Paul Jewell - Corporate Broking | |||||
Peterhouse Corporate Finance Limited (Joint Broker) | T: 020 7469 0935 | ||||
Jon Levinson / Lucy Williams | |||||
Biddicks | T: 020 3178 6378 | ||||
Katie Tzouliadis | |||||
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Frontier Ip (FIPP)