Frontier IP equity portfolio up 24% to £39.7m
Shares of Edinburgh-based Frontier IP, a specialist in commercialising intellectual property, rose about 8% after it published results for the year ended June 30, 2022,…
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Frontier IP strong first half boosted by Exscientia IPO
Shares of Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, rose about 4% on Wednesday after the firm said it enjoyed a strong…
Frontier IP soars amid $525m Exscientia investment
Shares of Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, rose about 9% on Wednesday after it published an update on its trading for…
Frontier IP sells 4.2m new shares to raise £2.3m
Shares of Edinburgh-based Frontier IP, an AIM-listed specialist in commercialising intellectual property, fell 9% on Tuesday after it sold 4.24 million new ordinary shares in…
Frontier IP firm in COVID-19 animal vaccine update
Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, said on Friday its portfolio company The Vaccine Group (TVG) is making “material progress ……
Frontier IP ups stake in RGU AI spinout Celerum
Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, said on Wednesday it raised its equity stake in portfolio company Celerum Limited from 10%…
Frontier IP hails Exscientia’s €240m Bayer deal
Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, said on Friday its portfolio company, AI-driven drug discovery firm Exscientia, has entered a collaboration…
Edinburgh’s Frontier IP sees H1 profit rise 67%
Edinburgh-based Frontier IP said its revenue increased 41% to £1.19 million and profit before tax increased 67% to £524,000 in the six months to December 31. Frontier…
Frontier sells $4m shares in Dundee spinout Exscientia
Shares of Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, rose about 6% after it said it sold 183,901 American Depositary Shares (ADSs) of…
Exscientia, Dundee Spin Out, raises $304m in IPO
Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, said on Friday its portfolio company Exscientia plc has announced the pricing of its initial public…
Exscientia, Dundee spin out, files for $100m IPO
Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, announced that its portfolio company Exscientia Limited has filed a registration statement with the US…
Drug firm Exscientia, Dundee spin-out, raises $60m
Edinburgh-based Frontier IP, a specialist in commercialising university intellectual property, said on Tuesday its portfolio company, AI-driven drug discovery firm Exscientia, raised $60 million through…
£20bn North Sea Renewables Grid planned
Green energy and infrastructure developer Cerulean Winds has revealed a £20 billion investment plan to build the North Sea Renewables Grid (NSRG), an offshore integrated…
Baillie Gifford’s Edinburgh Worldwide fund falls 40%
Baillie Gifford’s £880 million Edinburgh Worldwide Investment Trust reported that the company’s net asset value (NAV) per share decreased by 40.3% and the share price by 46.0%…
Kuwait’s NAS completes £571m Menzies takeover
The £571 million cash takeover of Edinburgh-based airport logistics giant John Menzies plc by Kuwait-based National Aviation Services (NAS), a subsidiary of Agility Public Warehousing Company, has been…
Cairn Energy shareholders revolt on remuneration
Almost 35% of shareholders of Edinburgh-based international oil and gas company Cairn Energy voted against the company’s remuneration report at its AGM on Tuesday. “The…
£2bn National Investment Bank opens for business
The Scottish National Investment Bank has officially opened for business with the completion of its first major investment — a £12.5 million vote of confidence…
Lockheed Martin moves satellite site to Shetland
The UK Space Agency said on Thursday that hundreds of space jobs will be created in Scotland following the approval by the UK government of…
BP reports first oil from huge Shetland field
BP on Friday announced the first oil production from the giant Clair Ridge project in the West of Shetland region. BP’s co-venturers are Shell, Chevron…
Biggest North Sea gas discovery for 10 years
French oil and energy group Total said on Monday it made a major gas discovery on the Glendronach prospect, located off the west coast of…
Macallan owner Edrington in Wyoming Whiskey deal
Glasgow-based drinks giant Edrington — owner of Scotch whisky brands The Macallan, Highland Park and The Famous Grouse — said on Thursday it has formed a strategic partnership…
Recruitment firm SThree brings 200 jobs to Glasgow
A new specialist recruitment facility will bring 200 jobs to Glasgow this year. The Centre of Excellence is being opened by recruitment firm SThree, which…
ScottishPower supply earnings fall; renewables soar
ScottishPower, a subsidiary of Basque group Iberdrola, reported a big drop in earnings at its generation and supply business in 2017 — but a surge in…
Menzies confident DX Group deal will go through
Edinburgh-based John Menzies said on Friday its proposed deal to merge its Menzies Distribution division with mail delivery firm DX Group continued to “move forward positively” and…
Cairn cuts losses amid Senegal, North Sea hopes
Edinburgh-based oil and gas company Cairn Energy said it reduced its full-year loss to $95 million in 2016 — compared to a $516 million loss…
IEA warns of oil shortfall within a few years
The International Energy Agency (IEA) has warned that another year of lower upstream oil investment in 2017 would create a risk of a shortfall in…
‘Two year window’ to save North Sea – PwC
The North Sea basin has a “two year transformation window” in which to ensure a strong, productive and profitable future for the oil and gas…