6th Sep 2019 15:20
For immediate release | 6 September 2019 |
Frontier Smart Technologies Group Ltd
('Frontier' or the 'Company')
Block Listing Update
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 - Frontier Smart Technologies Group Ltd 2017 Emi Option Scheme
|
Period of return :
| 7 March 2019 - 7 September 2019
|
Balance of unallotted securities under scheme(s) from previous return:
| 2,409,000 ORD 10p Shares. |
Plus: The amount by which the block scheme(s) has been increased since the date of the last return (if any increase has been applied for):
| NIL ORD 10p Shares |
Less: Number of securities issued/Lapsed under scheme(s) during period:
| 63,789 ORD 10p Shares. (56,913 issued, 6,876 lapsed) |
Equals: Balance under scheme(s) not yet issued/allotted at end of period:
| 2,345,211 ORD 10p Shares.
|
Number and class of securities originally admitted and the date of admission:
| 868,530 ORD 10p Shares on 1 November 20161 2,409,000 ORD 10p Shares on 25th 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 | +44 (0) 20 7391 0630 |
Anthony Sethill, Chief Executive Officer |
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Jonathan Apps, Chief Financial Officer |
|
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|
N+1 Singer (Nominated Adviser and Broker) | +44 (0) 20 7496 3000 |
Sandy Fraser / Lauren Kettle / Ben Farrow |
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About Frontier Smart Technologies Group Limited
Frontier Smart Technologies is a pioneer in technologies for Digital Radio and Smart Audio devices.
The Company'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.
http://www.frontiersmart.com/
Related Shares:
FST.L