Business
Proposed Placing and Subscription to raise £870k
Frontier IP Group plc announced a proposed equity fundraising to raise approximately £870,000 in gross proceeds through a placing and a subscription. The placing will issue 4,487,658 new ordinary shares at 15.5 pence per share to raise £695,000, while directors will subscribe for 1,129,036 new ordinary shares at the same price to raise £175,000. A separate retail offer is also planned to raise up to an additional £174,117. The issue price represents a slight discount to the previous day's closing price. The funds raised will be used for working capital to support near-term milestones, launch the South Cambridge Science Centre, and selectively support portfolio companies, extending the company's cash runway through Q3 2026. Disclaimer*
About this update from Frontier Ip Group Plc
[{"type":"text","content":"\n\nTHIS ANNOUNCEMENT, INCLUDING THE APPENDIX AND THE INFORMATION CONTAINED HEREIN (TOGETHER, THIS \"ANNOUNCEMENT\") IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.\n \nTHIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE OR FORM ANY PART OF AN OFFER TO SELL OR ISSUE, OR A SOLICITATION OF AN OFFER TO BUY, SUBSCRIBE FOR OR OTHERWISE ACQUIRE ANY SECURITIES IN THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN OR IN ANY OTHER JURISDICTION IN WHICH SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL OR TO ANY PERSON TO WHOM IT IS UNLAWFUL TO MAKE SUCH OFFER OR SOLICITATION. NO PUBLIC OFFERING OF THE NEW ORDINARY SHARES IS BEING MADE IN ANY SUCH JURISDICTION. ANY FAILURE TO COMPLY WITH THESE RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF SUCH JURISDICTIONS. PLEASE SEE THE IMPORTANT NOTICES IN THIS NNOUNCEMENT.\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF EU REGULATION 596/2014 (AS AMENDED) (WHICH FORMS PART OF DOMESTIC UK LAW PURSUANT TO THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (AS AMENDED)). UPON THE PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INSIDE INFORMATION IS NOW CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n17 December 2025\n \nFrontier IP Group plc\n(\"Frontier IP\", the \"Company\" or the \"Group\")\n \nProposed Placing and Subscription to raise, in aggregate, gross proceeds\n of approximately £870,000\n \n \nFrontier IP Group plc (AIM: FIPP), a specialist in commercialising intellectual property, is pleased to announce a proposed equity fundraising to raise, in aggregate, gross proceeds of approximately £870,000.\nThe fundraising comprises a placing (the \"Placing\") of 4,487,658 new ordinary shares of 10 pence each (\"Ordinary Shares\") in the capital of the Company (the \"Placing Shares\") at a price of 15.5 pence per share (the \"Issue Price\") to raise approximately £695,000 and a proposed subscription by all of the directors of the Company (the \"Directors\" or t...