Frontier IP Group PLC - London-based intellectual property commercialisation company - Says that portfolio company Alusid Ltd has launched its first range of floor tiles through Parkside Architectural Tiles, the commercial arm of Topps Tiles PLC. Frontier IP Chief Executive Neil Crabb says: ‘We are delighted that Alusid has successfully developed and launched its first range of floor tiles, which form a major part of the overall tile market. This is a big step forward for the company and is sure to strengthen its appeal to investors as it explores an initial public offering.’

Current stock price: 40.00 pence, down 3.6% in London on Friday

12-month change: down 32%

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