Result of Retail Offer

Frontier IP (AIM: FIPP), a specialist in commercialising intellectual property, announced on 17 December 2025 the launch of a fundraising comprising a Placing and Subscription in conjunction with a Retail Offer.

The Company is pleased to announce that the Retail Offer was oversubscribed and successfully completed and closed at 10.00 a.m. on 22 December 2025. The Retail Offer has conditionally raised £174,117 through the issue of 1,123,338 Retail Shares at the Issue Price of 15.5 pence per share.

Following the close of the Retail Offer, the Company has conditionally raised gross proceeds of approximately £1.04 million at the Issue Price via the Fundraising. The Company will therefore be required to issue and allot a total of 6,740,032 New Ordinary Shares to satisfy the Fundraising.

Admission and Total Voting Rights

Application has been made to the London Stock Exchange for the 1,123,338 Retail Shares to be admitted to trading on AIM. The Retail Offer Admission is expected to take place and dealings in the Retail Shares are expected to commence at 8.00 a.m. on 24 December 2025, at which time it is also expected that the Retail Shares will be enabled for settlement in CREST.

Immediately following the Retail Offer Admission, the issued share capital of the Company will comprise 75,638,239 Ordinary Shares. Each Ordinary Share has one voting right and no Ordinary Shares are held in treasury. From the Retail Offer Admission, this figure may be used by Shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

References to times in this Announcement are to London time unless otherwise stated.