Frontier IP Group PLC (AIM:FIPP, OTC:FGPPF)'s CEO, Neil Crabb, spoke with Proactive London concerning the recent sale of more shares in portfolio company Exscientia.
Crabb says Exscientia is a wonderful business and it still retains half of its original stake but wanted the funds to help other companies in its portfolio.
He expects this sale to put Frontier in a strong position to help weather what he also anticipates to remain a tough economic environment.