Frontier Smart Technologies Grp Ltd Board Appointment (9262T)

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RNS Number : 9262T

Frontier Smart Technologies Grp Ltd

09 July 2018

 
 For immediate release        9 July 2018 
 

Frontier Smart Technologies Group Ltd

('Frontier', the 'Company' or the 'Group')

Board Appointment

Frontier (AIM: FST), a pioneer in technologies for Digital Radio and Smart Audio devices, announces that Paul Taylor has been appointed to the Company's Board as a Non-Executive Director and Chair of the Audit Committee with immediate effect.

Paul is an experienced Director having worked for over 20 years in the public markets in both Executive and Non-Executive positions. He has been involved in several public listings, fund raises, company acquisitions and sales. He has supported high growth and transformational businesses, including business redefinitions and management restructures.

Paul is currently Non-Executive Director, Senior Independent Director and Chairman of the Audit and Remuneration Committees at Thruvison Plc and Ubisense Group Plc. Previously, he was also a Non-Executive Director and Chairman of the Audit Committees at KBC Advanced Technologies Plc, Escher Plc and Anite Plc. Prior to his Non-Executive positions, Paul was Group Finance Director at AVEVA Group Plc.

Anthony Sethill, CEO of Frontier Smart Technologies, said: "I am pleased to welcome Paul to the Frontier Smart Technologies Group Board. His wealth of experience as a Non-Executive Director will bring significant value to the Group as we continue to build our position in our core Audio markets and explore opportunities in the Smart Home sector."

Additional information pursuant to Rule 17 and Schedule Two Paragraph (g) of the AIM Rules for Companies is disclosed, at the end of this announcement below, in relation to Paul Taylor's appointment to the Frontier Board.

- Ends -

For further enquiries:

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

Additional Information

Paul Ronald Taylor (aged 53), holds or held the following Directorships or Partnerships in the past five years:

 
 Current directorships/partnerships              Past directorships/partnerships 
 
        *    Cadcentre Pension Trustee Limited          *    KBC Advanced Technologies Limited 
 
 
        *    Thruvision Group plc                       *    Escher Plc 
 
 
        *    Ubisense Group plc                         *    Anite Limited 
 

Save for the disclosures above, there are no further disclosures to be made in accordance with Rule 17 and Schedule 2(g) of the AIM Rules.

About Frontier Smart Technologies

The Frontier Smart Technologies Group is a pioneer in technologies for digital 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.

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 [e-mail] or visit www.rns.com.

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July 09, 2018 02:00 ET (06:00 GMT)