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Frontier Smart Tech (FST)

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Thursday 29 March, 2018

Frontier Smart Tech

Block Listing Update and TVR

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 securities under scheme(s) from previous return:


850,591 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):



Less:  Number of securities issued/Lapsed under scheme(s) during period:



216,027 ORD 10p Shares. (3,855 issued, 212,172 lapsed)

Equals:  Balance under scheme(s) not yet issued/allotted at end of period:


634,564 ORD 10p Shares.


Number and class of securities originally admitted and the date of admission:


868,530 ORD 10p Shares on 1 November 20161


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

+44 (0) 20 7391 0630

Anthony Sethill, Chief Executive Officer


Jonathan Apps, Chief Financial Officer




N+1 Singer (Nominated Adviser and Broker)

+44 (0) 20 7496 3000

Shaun Dobson / James Hopton




Buchanan (Financial PR)

+44 (0) 20 7466 5000

Henry Harrison-Topham / Steph Watson / Gemma Mostyn Owen

[email protected]


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.

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This information is provided by RNS
The company news service from the London Stock Exchange

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