Frontier Smart Technologies Grp Ltd Block listing Interim Review (0908S)
07 March 2019 - 6:02PM
UK Regulatory
TIDMFST
RNS Number : 0908S
Frontier Smart Technologies Grp Ltd
07 March 2019
For immediate release 7 March 2019
Frontier Smart Technologies Group Ltd
('Frontier' or the 'Group')
Block Listing Update
Frontier Smart Technologies, a leading provider of Digital Radio
and Smart IoT technologies, today makes the following notification
pursuant to Schedule Six of the AIM Rules for Companies regarding
its existing block admission arrangements in respect of various
Frontier Smart Technologies Group Share Incentive Schemes (the
"Schemes").
Name of applicant: Frontier Smart Technologies
Group Ltd.
Name of Schemes: Block Scheme for:
* Frontier Smart Technologies Group EMI Scheme
* Frontier Smart Technologies Group Unapproved Scheme
* Frontier Smart Technologies Group Unapproved Scheme
2012
* Frontier Smart Technologies Group Ltd 2017 EMI Option
Scheme
-----------------------------------------------------------------------
Period of return : 28 September 2018 - 7 March
2019
-----------------------------------------------------------------------
Balance of unallotted securities 574,228 ORD 10p Shares.
under scheme(s) from previous
return:
-----------------------------------------------------------------------
Plus: The amount by which the 1,859,564 ORD 10p Shares
block scheme(s) has been increased
since the date of the last return
(if any increase has been applied
for):
-----------------------------------------------------------------------
Less: Number of securities 24,792 ORD 10p Shares. (23,693
issued/lapsed issued, 1,099 lapsed)
under scheme(s) during period:
-----------------------------------------------------------------------
Equals: Balance under scheme(s) 2,409,000 ORD 10p Shares.
not yet issued/allotted at end
of period:
-----------------------------------------------------------------------
Number and class of securities 868,530 ORD 10p Shares on 1
originally admitted and the November 2016(1)
date of admission: 2,409,000 ORD 10p Shares on
25(th) January 2019
-----------------------------------------------------------------------
(1) Number of shares in the block listing facility were
consolidated on a 40-for-1 basis on 1 November 2016
- Ends -
For Further Enquiries:
Frontier Smart Technologies Group Limited +44 (0) 20 7391 0630
Anthony Sethill, Chief Executive Officer
Jonathan Apps, Chief Financial Officer
Patrick Hannon, Vice President, Corporate Development
N+1 Singer (Nominated Adviser and Broker) +44 (0) 20 7496 3000
Lauren Kettle / Ben Farrow
About Frontier Smart Technologies Group Limited
Frontier Smart Technologies is a pioneer in technologies for
Digital Radio and Smart IoT devices.
The Group's customers include many leading consumer audio
brands: Bose, Denon,
harman/kardon, JBL, Onkyo, Panasonic, Sony, Yamaha, Altec
Lansing, Blaupunkt, Grundig, Hama,
Klipsch, Marshall, Pioneer, Pure, Roberts, TechniSat, Teufel and
many more. Established in 2001, the
Group is headquartered in London, with engineering, sales and
operations teams in Cambridge,
Timisoara (Romania), Hong Kong and Shenzhen. For more
information, see frontiersmart.com.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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