Grant of Options

RNS Number : 7349D

Frontier IP Group plc

01 April 2014

 



AIM: FIPP

1^st April 2014

FRONTIER IP GROUP PLC

("Frontier IP" or "the Company")

Grant of Options

Frontier IP, which specialises in the commercialisation of intellectual property, announces that its Board today granted options over ordinary shares of 10p each in the Company to the directors below.

		Options granted 1st April 2014		Total options following grant
Neil Crabb		128,175		585,000
Jacqueline McKay		54,218		250,000
David Cairns		54,218		250,000
James Fish		250,000		250,000

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 26.88 pence per share (the closing price of the ordinary shares on 31 March 2014) 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		0131 220 9491
Neil Crabb, Chief Executive
Company website: www.frontierip.co.uk
Cantor Fitzgerald Europe (Nominated Adviser and Joint Broker)		020 7894 7000
Mark Percy / Catherine Leftley, Corporate Finance
David Banks / Paul Jewell, Corporate Broking
Peterhouse Corporate Finance Limited (Joint Broker)		020 7469 0935
Jon Levinson / Lucy Williams
KTZ Communications		020 3178 6378
Katie Tzouliadis / Deborah Walter

 

END

 

 

RDSSSAFFFFLSELL