Frontier IP takes AIM

Technology commercialisation company Frontier IP is set to be the first new listing on AIM in 2011.

Technology commercialisation company Frontier IP is set to be the first new listing on AIM in 2011, having raised £1 million conditional on admission.

Graham Barnet, CEO of Frontier’s parent company Sigma, comments: ‘It has been our stated strategy to provide Frontier IP with an independent financial platform and the admission to AIM and placing represent pleasing delivery of this goal.’

On admission, the PLUS-quoted company will have a market capitalisation of approximately £3.5 million.

Edinburgh-based Frontier IP invests in university spin-out companies to develop intellectual property, having worked with University of Dundee and Robert Gordon University. In the six months to December 2009, the company declared a pre-tax loss of £97,000 on a revenue of £85,000.

Nick Britton

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary... More by Nick Britton