Frontier IP Group has issued and allotted 47,000 ordinary shares of 10 pence each in the company following the exercise of 47,000 options. The options were exercised by an employee under the Frontier IP Group Employee Share Option Scheme 2011. The new shares rank equally with the company's existing ordinary shares. The shares are expected to be admitted to trading on AIM on or around 21 September 2023. Following admission, the company will have a total of 55,734,553 ordinary shares and voting rights. Shareholders can use this figure to determine if they need to notify any changes in their interest in the company's share capital.