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FST Frontier Smart Technologies Group Limited

25.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Frontier Smart Technologies Group Limited LSE:FST London Ordinary Share KYG3730C1078 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 25.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Frontier Smart Technologies Grp Ltd Holding(s) in Company (4344Z)

17/05/2019 12:01pm

UK Regulatory


Frontier Smart Technolog... (LSE:FST)
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TIDMFST

RNS Number : 4344Z

Frontier Smart Technologies Grp Ltd

17 May 2019

 
 For immediate release   17 May 2019 
 

Frontier Smart Technologies Group Limited

("Frontier" or the "Company")

Frontier (AIM: FST), a pioneer in technologies for Digital Radio and Smart Audio devices, provides the following disclosure in respect of a change in significant shareholding in the capital of the Company, which was received by Frontier earlier today, 17 May 2019.

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible)(i) 
 
 1a. Identity of the issuer or the                                 Frontier Smart Technologies Group 
  underlying issuer of existing shares                                             Ltd 
  to which voting rights are attached(ii) 
  : 
                                                              ------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                    ----- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                          X 
                                                                                                    ----- 
 An acquisition or disposal of financial instruments 
                                                                                                    ----- 
 An event changing the breakdown of voting rights 
                                                                                                    ----- 
 Other (please specify)(iii) : 
                                                                                                    ----- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                                   AXA Investment Managers 
 City and country of registered office                                      Puteaux - France 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
 Name 
                                                              ------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                              ------------------------------------------- 
 5. Date on which the threshold was                                            09/05/2019 
  crossed or reached(vi) : 
                                                              ------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):                                13/05/2019 
                                                              ------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting       % of voting rights    Total of both      Total number 
                            rights attached      through financial     in % (8.A +      of voting rights 
                            to shares (total        instruments            8.B)          of issuer(vii) 
                                of 8. A)           (total of 8.B 
                                                    1 + 8.B 2) 
                          ------------------  ---------------------  --------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                     0.00%                 N/A                0.00%           40,728,038 
                          ------------------  ---------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)                    9.47%                 N/A                9.47% 
                          ------------------  ---------------------  --------------  -------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached(viii) 
 A: Voting rights attached to shares 
 Class/type of      Number of voting rights(ix)                              % of voting rights 
  shares 
  ISIN code (if 
  possible) 
                   ------------------------------------------------------- 
                            Direct                      Indirect                      Direct                  Indirect 
                      (Art 9 of Directive         (Art 10 of Directive          (Art 9 of Directive     (Art 10 of Directive 
                          2004/109/EC)                2004/109/EC)             2004/109/EC) (DTR5.1)        2004/109/EC) 
                            (DTR5.1)                   (DTR5.2.1)                                            (DTR5.2.1) 
                   ------------------------  -----------------------------  -------------------------  --------------------- 
 KYG3730C1078                                 0                                                         0% 
                   ------------------------  -----------------------------  -------------------------  --------------------- 
 
 
 SUBTOTAL 8. 
  A                                           0                                                    0% 
                   -------------------------------------------------------  ------------------------------------------------ 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration   Exercise/                            Number of voting                  % of voting rights 
  financial          date(x)      Conversion Period(xi)                rights that may 
  instrument                                                           be acquired if 
                                                                       the instrument 
                                                                       is 
                                                                       exercised/converted. 
                   -----------  -----------------------------------  --------------------------------  --------------------- 
 
 
 
                                 SUBTOTAL 8. B 1 
                                -----------------------------------  --------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to Art. 
  13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of       Expiration        Exercise/               Physical or              Number of             % of voting rights 
  financial     date(x)           Conversion              cash                     voting rights 
  instrument                      Period (xi)             settlement(xii) 
              ----------------  ----------------------  -----------------------  -------------------- 
 
 
 
                                                         SUBTOTAL 8.B.2 
                                                        -----------------------  -------------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification obligation 
  (please mark the applicable box with an "X") 
 Person subject to the notification obligation is not controlled 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer(xiii) 
 Full chain of controlled undertakings through which the voting rights                       X 
  and/or the financial instruments are effectively held starting with 
  the ultimate controlling natural person or legal entity(xiv) (please 
  add additional rows as necessary) 
        Name(xv)           % of voting rights    % of voting rights        Total of both if 
                             if it equals or      through financial      it equals or is higher 
                             is higher than       instruments if it       than the notifiable 
                             the notifiable      equals or is higher           threshold 
                                threshold        than the notifiable 
                                                      threshold 
                          -------------------  ---------------------  -------------------------- 
 AXA Investment Managers 
                          -------------------  ---------------------  -------------------------- 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder 
                                               ------------------------------------------------- 
 The number and % of voting rights 
  held 
                                               ------------------------------------------------- 
 The date until which the voting rights 
  will be held 
                                               ------------------------------------------------- 
 
 11. Additional information(xvi) 
 
 
 
 
 Place of completion   Paris - La Défense 
 Date of completion    13(th) May 2019 
                      ------------------------ 
 

Ends

Enquiries:

 
                                              +44 (0) 20 7391 
 Frontier Smart Technologies Group Limited               0630 
 Anthony Sethill, Chief Executive Officer 
 Jonathan Apps, Chief Financial Officer 
 
                                              +44 (0) 20 7496 
 N+1 Singer (Nominated Adviser and Broker)               3000 
 Lauren Kettle / Ben Farrow 
 

About Frontier Smart Technologies

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: 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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May 17, 2019 07:01 ET (11:01 GMT)

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