Frontier Smart Technologies Grp Ltd Block listing Interim Review (0908S)

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               [phone] 
Anthony Sethill, Chief Executive Officer 
Jonathan Apps, Chief Financial Officer 
Patrick Hannon, Vice President, Corporate Development 
 
N+1 Singer (Nominated Adviser and Broker)               [phone] 
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 [e-mail] or visit www.rns.com.

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March 07, 2019 02:02 ET (07:02 GMT)