Frontier Smart Technologies Grp Ltd TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (4803J)

TIDMFST

RNS Number : 4803J

Frontier Smart Technologies Grp Ltd

28 June 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                            FRONTIER SMART TECHNOLOGIES 
  the underlying issuer                                          GROUP LIMITED 
  of existing shares to which 
  voting rights are 
  attached: 
------------------------------------------------------  ----------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                        ü 
-------------------------------------------------------  ---------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
-------------------------------------------------------  ---------------------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
-------------------------------------------------------  ---------------------------- 
 An event changing the breakdown of voting rights 
-------------------------------------------------------  ---------------------------- 
 Other (please 
  specify): 
-----------------------------------------------------    ---------------------------- 
 3. Full name of person(s)                                  HARGREAVE HALE LIMITED 
  subject to the 
  notification obligation: 
------------------------------------------------------  ----------------------------- 
 4. Full name of shareholder(s)                             DISCRETIONARY CLIENTS 
  (if different from 3.): 
------------------------------------------------------  ----------------------------- 
 5. Date of the transaction                                      27 JUNE 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
------------------------------------------------------  ----------------------------- 
 6. Date on which issuer                                         28 JUNE 2017 
  notified: 
------------------------------------------------------  ----------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                            5% 
------------------------------------------------------  ----------------------------- 
 
 
 
 8. Notified details: 
--------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
--------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                Resulting situation after the 
  of             to the triggering                 triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  --------------------------------  -------------------------------------------------------------------------- 
                Number           Number           Number                       Number of                 % of voting 
                 of               of               of shares                    voting                    rights 
                 Shares           Voting                                        rights 
                                  Rights 
-------------  ---------------  ---------------  ---------------------------  ------------------------  ------------------- 
                                                  Direct       Indirect        Direct      Indirect      Direct   Indirect 
-------------      -----------      -----------  -----------  --------------  ----------  ------------  -------  ---------- 
 KYG3730C1078   1,915,000        1,915,000                     2,400,000                   2,400,000              5.9245% 
               ---------------  ---------------  -----------  --------------  ----------  ------------  -------  ---------- 
 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration       Exercise/                     Number of voting                      % of voting 
 financial           date             Conversion                    rights that                           rights 
 instrument          (x)              Period                        may be 
                                                                    acquired if 
                                                                    the 
                                                                    instrument 
                                                                    is 
                                                                    exercised/ 
                                                                    converted. 
-----------------  ---------------  ----------------------------  ------------------------------------  ------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise         Expiration     Exercise/      Number of voting            % of voting 
 financial         price            date           Conversion     rights instrument           rights 
 instrument                                        period         refers to 
---------------  ---------------  -------------  -------------  --------------------------  ------------------------------- 
                                                                                             Nominal              Delta 
---------------  ---------------  -------------  -------------  --------------------------  -------------------  ---------- 
 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  ----------------------------------------------------------- 
 2,400,000                                                       5.9245% 
--------------------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
----------------------------------------------------------------------------------- 
 All of these shares are held for unit trusts operated 
  by Marlborough Fund Managers Ltd, for whom Hargreave 
  Hale Ltd manages the investments on a discretionary 
  basis. 
 
 Proxy Voting: 
----------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  -------------------- 
 11. Number of voting rights proxy 
  holder will cease to hold: 
-------------------------------------------------------------  -------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------------  -------------------- 
 
 
  13. Additional information: 
-------------------------------------------------------------  -------------------- 
 14. Contact name:                                              David Clueit, 
                                                                Hargreave Hale Ltd 
-------------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                  01253 754739 
-------------------------------------------------------------  -------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLEVLFLDQFXBBK

(END) Dow Jones Newswires

June 28, 2017 11:41 ET (15:41 GMT)