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Frontier Smart Tech (FST)

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Wednesday 29 May, 2019

Frontier Smart Tech

Holding(s) in Company

RNS Number : 3918A
Frontier Smart Technologies Grp Ltd
29 May 2019
 

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION

 

For immediate release

29 May 2019

 

Frontier Smart Technologies Group Limited

('Frontier' or the 'Company')

 

Holding in Company

 

The Board of Frontier announces that it was notified on 28 May 2019 that on the same day, Science Group plc purchased a total of 5,753,903 shares in the capital of the Company at a price of 30 pence per share (the "Purchases"). Following completion of the Purchases, Science Group plc now hold a total of 10,025,521 ordinary shares in the capital of Frontier, equivalent to 24.6 per cent. of the voting share capital of the Company.

Ends

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

Lauren Kettle / Ben Farrow


Market Abuse Regulation

The information contained within this announcement is considered by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information will be considered to be in the public domain.


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 [email protected] or visit www.rns.com.
 
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