Company Announcements

Frontier IP Group Plc and Portfolio Company, Nandi Proteins Limited

Tuesday, December 11, 2012


AIM: SGM

SIGMA CAPITAL GROUP PLC
("Sigma" or "the Company")

Re: Frontier IP Group Plc and Portfolio Company, Nandi Proteins Limited

Sigma, the property and urban regeneration specialist, notes the announcements issued today by its associate company, Frontier IP Group Plc ("Frontier IP") and its portfolio company, Nandi Proteins Limited ("Nandi"), which report that Nandi has concluded a licence agreement for the use of its innovative protein technology with Tate & Lyle PLC. 

The conclusion of the licence agreement will result in the payment of advisory fees to Frontier IP and is expected to result in an uplift in the valuation of Nandi.

 

Sigma holds a 26.86% shareholding in Frontier IP and two of Sigma's venture funds also hold a direct investment in Nandi.

 

Enquiries

 

Sigma Capital Group plc
Graham Barnet, Chief Executive
Marilyn Cole, Finance Director
T: 0131 220 9444

 

Biddicks
Katie Tzouliadis/ Alex Shilov
T: 020 3178 6378

 

N+ 1 Singer
James Maxwell/Nick Donovan
T: 0207 496 3000

 

Company website: www.sigmacapital.co.uk