Frontier Smart Technologies Grp Ltd Block Listing Update and TVR (3257J)

TIDMFST

RNS Number : 3257J

Frontier Smart Technologies Grp Ltd

29 March 2018

 
 For immediate release   29 March 2018 
 

Frontier Smart Technologies Group Ltd

('Frontier' or the 'Company')

Block Listing Update

Total Voting Rights

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 
----------------------------------------  ----------------------------------------------------------------------- 
      Period of return:                    6 October 2017 - 29 March 
                                            2018 
----------------------------------------  ----------------------------------------------------------------------- 
      Balance of unallotted                850,591 ORD 10p Shares. 
       securities under scheme(s) 
       from previous return: 
----------------------------------------  ----------------------------------------------------------------------- 
      Plus: The amount by which            N/A 
       the block scheme(s) has 
       been increased since 
       the date of the last 
       return (if any increase 
       has been applied for): 
----------------------------------------  ----------------------------------------------------------------------- 
      Less: Number of securities           216,027 ORD 10p Shares. 
       issued/Lapsed under scheme(s)        (3,855 issued, 212,172 
       during period:                       lapsed) 
----------------------------------------  ----------------------------------------------------------------------- 
      Equals: Balance under                     634,564 ORD 10p Shares. 
       scheme(s) not yet issued/allotted 
       at end of period: 
----------------------------------------  ----------------------------------------------------------------------- 
      Number and class of securities            868,530 ORD 10p Shares 
       originally admitted and                   on 1 November 2016(1) 
       the date of admission: 
----------------------------------------  ----------------------------------------------------------------------- 
 

(1) Number of shares in the block listing facility were consolidated on a 40-for-1 basis on 1 November 2016

Total Voting Rights

Frontier announces that the total number of ordinary shares of 10 pence each ("Ordinary Shares") in the share capital of Frontier in issue as at the date of this notice is 42,769,056.

2,163,991 Ordinary Shares are held jointly by the Employee Benefit Trust and participants for the purposes of the Company's joint share ownership plan in relation to which all voting rights have been waived.

Therefore, the total number of voting rights in the Company is 40,605,065. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company, under the FCA's Disclosure and Transparency Rules.

- Ends -

For Further Enquiries:

 
Frontier Smart Technologies Group 
 Limited                                   [phone] 
Anthony Sethill, Chief Executive Officer 
Jonathan Apps, Chief Financial Officer 
 
N+1 Singer (Nominated Adviser and 
 Broker)                                   [phone] 
Shaun Dobson / James Hopton 
 
Buchanan (Financial PR)                    [phone] 
Henry Harrison-Topham / Steph Watson       [e-mail] 
 / Gemma Mostyn Owen 
 

About Frontier Smart Technologies Group Limited

Frontier Smart Technologies is a pioneer in technologies for Digital Radio and Smart Audio devices. The original company, Frontier Silicon, was incorporated in 2001. Customers include many leading consumer audio brands: Bose, Denon, Grundig, harman/kardon, Hama, JBL, Marshall, Onkyo, Panasonic, Philips, Pioneer, Pure, Roberts, Sony, TechniSat, UrbanEars, Yamaha, and many more. The Company is headquartered in London, with engineering, sales and operations teams in Cambridge, Timisoara (Romania), Hong Kong, and Shenzhen.

Please visit http://www.frontiersmart.com/

This information is provided by RNS

The company news service from the London Stock Exchange

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March 29, 2018 02:01 ET (06:01 GMT)