TIDMFST

RNS Number : 5600L

Frontier Smart Technologies Grp Ltd

06 September 2019

 
 For immediate release   6 September 2019

Frontier Smart Technologies Group Ltd

('Frontier' or the 'Company')

Block Listing Update

Pursuant to AIM Rule 29 and Schedule 6 of the AIM Rules for Companies Frontier Smart Technologies Group Ltd makes the following update on its block listing:

 
 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 :                        7 March 2019 - 7 September 2019 
                                               ----------------------------------------------------------------------- 
      Balance of unallotted securities          2,409,000 ORD 10p Shares. 
       under scheme(s) from previous 
       return: 
                                               ----------------------------------------------------------------------- 
      Plus: The amount by which the             NIL 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                63,789 ORD 10p Shares. (56,913 
      issued/Lapsed                              issued, 6,876 lapsed) 
      under scheme(s) during period: 
                                               ----------------------------------------------------------------------- 
      Equals: Balance under scheme(s)                2,345,211 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 
 
N+1 Singer (Nominated Adviser and Broker)   +44 (0) 20 7496 3000 
Sandy Fraser / Lauren Kettle / Ben Farrow

About Frontier Smart Technologies Group Limited

Frontier Smart Technologies is a pioneer in technologies for Digital Radio and Smart Audio devices.

The Company'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.

http://www.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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