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Frontier IP's Neil Crabb updates on portfolio growth and £2.49mln equity raise

Neil Crabb, chief executive of Frontier IP Group Plc (LON:FIPP), caught up with proactive London's Andrew Scott to discuss the intellectual property firm's full year results to June 2018 - a period which saw a 34% increase in the fair value of its portfolio companies.

Crabb also talks through their £2.49mln which he says was oversubscribed with strong support from existing and new investors.

Proceeds will be used to build out the core Frontier IP team and strengthen the working capital of the company.

Quick facts: Frontier IP Group PLC

Price: 67 GBX

AIM:FIPP
Market: AIM
Market Cap: £33.96 m
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Frontier IP Group 'well positioned for another positive performance'

Frontier IP Group PLC's (LON:FIPP) Neil Crabb tells Proactive London's Andrew Scott he's confident their portfolio will continue to grow after profits in its latest full-year increased 160%. The fair value of the group’s investment portfolio also increased by 47% to £13.25mln, while it ended...

on 8/11/19

2 min read