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Result of Retail Offer

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Frontier IP Group plc announced the successful closure of its Retail Offer, conditionally raising £0.4 million through the issuance of 3,333,333 Retail Shares at 12 pence each. This offer was significantly oversubscribed, with existing shareholders receiving approximately 72% of their soft pre-emptive allowance. The Retail Offer, conditional on shareholder approval at the General Meeting on 15 July 2026 and completion of the Placing, brings the total gross proceeds raised under the Fundraising to £4.4 million. Admission of the new Ordinary Shares is expected around 16 July 2026.

Full announcement

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Frontier IP Group plc (AIM: FIPP), a specialist in commercialising intellectual property, is pleased to announce that the Retail Offer, as announced at 5.20 p.m. on 16 June 2026 (the "Retail Launch Announcement"), has now closed. The Retail Offer has conditionally raised in aggregate £0.4 million (before expenses) through the issuance of 3,333,333 Retail Shares at a price of 12 pence per Retail Share (the "Issue Price").

The Retail Offer was significantly oversubscribed, with allocations therefore prioritised towards existing Shareholders in line with soft pre-emption principles. Where demand matched or exceeded their soft pre-emptive entitlement, existing Shareholders received approximately 72 per cent. of their soft pre-emptive allowance(1).

Accordingly, conditional on the passing of the Fundraising Resolutions at the General Meeting, the Company has conditionally raised gross proceeds of £0.4 million pursuant to the Retail Offer, resulting in total gross proceeds of £4.4 million being raised under the Fundraising.

The Retail Offer is not part of the Placing or the Subscription, the results of which was announced by the Company at 7.00 a.m. on 17 June 2026, however the Retail Offer is conditional, inter alia, upon completion of the Placing. Furthermore, the Company will require additional allotment and dis-application of pre-emption rights authorities to allot and issue the Retail Shares. Accordingly, the Retail Offer is also conditional, inter alia, upon shareholders approving the Fundraising Resolutions at the General Meeting to be held on 15 July 2026, and the Retail Offer Shares being admitted to trading on the AIM market operated by the London Stock Exchange. Subject to the Fundraising Resolutions being passed at the General Meeting, Admission of the new Ordinary Shares pursuant to the Retail Offer is expected to take place on or around 16 July 2026.

  • Soft Pre-emptive allowance calculation: Existing shares X 48.476% (Dilution from total new shares being issued) = Soft Pre-emptive allowance allocation shares

Capitalised terms used but not defined in this announcement have the meanings given to them in the Retail Launch Announcement unless the context provides otherwise.

UK Product Governance Requirements

Solely for the purposes of the product governance requirements of Chapter 3 of the FCA Handbook Product Intervention and Product Governance Sourcebook (the "UK MiFIR Product Governance Requirements"), and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any "manufacturer" (for the purposes of the UK MiFIR Product Governance Requirements) may otherwise have with respect thereto, the Retail Shares have been subject to a product approval process, which has determined that the Retail Shares are: (i) compatible with an end target market of retail investors and investors who meet the criteria of professional clients and eligible counterparties, each as defined in paragraphs 3.5 and 3.6 of COBS; and (ii) eligible for distribution through all permitted distribution channels (the "Target Market Assessment"). Notwithstanding the Target Market Assessment, distributors should note that: the price of the Retail Shares may decline and investors could lose all or part of their investment; the Retail Shares offer no guaranteed income and no capital protection; and an investment in the Retail Shares is compatible only with investors who do not need a guaranteed income or capital protection, who (either alone or in conjunction with an appropriate financial or other adviser) are capable of evaluating the merits and risks of such an investment and who have sufficient resources to be able to bear any losses that may result therefrom. The Target Market Assessment is without prejudice to any contractual, legal or regulatory selling restrictions in relation to the Retail Offer.

EU Product Governance Requirements

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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