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investegate.co.uk

www.investegate.co.uk · · GB

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Result of Retail Offer

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Executive Summary

AI-generated

Frontier IP Group plc announced that its Retail Offer, previously launched on June 16, 2026, has concluded. This offer conditionally raised £0.4 million through the issuance of 3,333,333 shares at a price of 12 pence per share. The company noted that existing shareholders received approximately 72% of their soft pre-emptive allowance.

Key Insights

  • The Retail Offer for Frontier IP Group plc has officially closed.
  • The offer conditionally raised £0.4 million by issuing 3,333,333 shares at a price of 12 pence each.
  • Existing shareholders received about 72% of their soft pre-emptive allowance due to oversubscription.
  • The total gross proceeds from the overall Fundraising are expected to reach £4.4 million, pending shareholder resolutions.
  • Completion of the Retail Offer is conditional on passing fundraising resolutions at a General Meeting and admission to trading.

Topic context

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Topic context

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