Sigma Capital Group SGM Re: Frontier IP Group Plc

  Sigma Capital Group (SGM) - Re: Frontier IP Group Plc

RNS Number : 4740Q
Sigma Capital Group PLC
06 November 2012


                                                                             





AIM: SGM

                                      



                           SIGMA CAPITAL GROUP PLC

                          ("Sigma" or "the Company")

                                      

             Frontier IP Group Plc announces Conditional Placing



Sigma, the property and urban regeneration specialist, notes the  announcement 
issued today by its associate company, Frontier IP Group Plc ("Frontier  IP"), 
which reports that Frontier IP has  conditionally raised £608,000 by way of  a 
placing of 6,080,000 new ordinary shares at 10 pence per share.



Sigma anticipates that, following  admission of the  Frontier IP new  ordinary 
shares  to  AIM,  which  is  expected  on  3  December  2012,  the   Company's 
shareholding in Frontier IP will be approximately 26.86% (currently 46.69%).



Full details  of  the  placing are  set  out  in a  circular  to  Frontier  IP 
shareholders, which  will be  available shortly  on Frontier  IP's website  at 
www.frontierip.co.uk.





Enquiries



Sigma Capital Group plc Graham Barnet, Chief Executive T: 0131 220 9444

                        Marilyn Cole, Finance Director
Biddicks                Katie Tzouliadis               T: 020 3178 6378
N+1 Singer              James Maxwell/Nick Donovan     T: 0203 205 7500



Company website: www.sigmacapital.co.uk





                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


MSCLLFFELTLRIIF -0- Nov/06/2012 15:44 GMT