TIDMFST

RNS Number : 7587K

Frontier Smart Technologies Grp Ltd

30 August 2019

 
    30 August 2019

Frontier Smart Technologies Group Ltd

('Frontier' or the 'Company')

Director/PDMR Dealing

Frontier confirms that earlier today, 30 August 2019, Anthony Sethill, Chief Executive Officer of the Company, sold 150,000 ordinary shares in the capital of the Company (the "Shares") at a price of 25 pence per Share. The Shares sold represented Mr Sethill's entire holding in the Share capital of the Company.

- 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 
Sandy Fraser / Lauren Kettle / Ben Farrow

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, Grundig, harman/kardon, Hama, JBL, Marshall, Onkyo, Panasonic, Philips, Pioneer, Pure, Roberts, Sony, TechniSat, UrbanEars, Yamaha, and many more. The Company, incorporated in 2001, is headquartered in London, with engineering, sales and operations teams in Cambridge, Timisoara (Romania), Hong Kong, and Shenzhen.

Please visit http://www.frontiersmart.com/

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                        Anthony Sethill 
      ------------------------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------------- 
 a)    Position/status                             Chief Executive Officer 
      ------------------------------------------  -------------------------------------------- 
 b)    Initial notification                        Initial 
        /Amendment 
      ------------------------------------------  -------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------------------- 
 a)    Name                                        Frontier Smart Technologies Group Limited 
      ------------------------------------------  -------------------------------------------- 
 b)    LEI                                         213800QZFRYA3RUVPX08 
      ------------------------------------------  -------------------------------------------- 
 4     Details of the transaction(s): section to be repeated for 
        (i) each type of instrument; (ii) each type of transaction; 
        (iii) each date; and (iv) each place where transactions have 
        been conducted 
      ---------------------------------------------------------------------------------------- 
 a)    Description of the                          Ordinary shares of 10 pence each 
        financial instrument, 
        type of instrument 
                                                    KYG3730C1078 
        Identification code 
      ------------------------------------------  -------------------------------------------- 
 b)    Nature of the transaction                   Sale of ordinary shares 
      ------------------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s)                            Price                 Volume 
      ------------------------------------------  ------------------  ------------------------ 
                                                          25p                  150,000 
 -----------------------------------------------  ------------------  ------------------------ 
 d)    Aggregated information                      N/A 
 
        - Aggregated volume 
 
        - Price 
      ------------------------------------------  -------------------------------------------- 
 e)    Date of the transaction                     30 August 2019 
      ------------------------------------------  -------------------------------------------- 
 f)    Place of the transaction                    London Stock Exchange 
      ------------------------------------------  --------------------------------------------

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 rns@lseg.com or visit www.rns.com.

END

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August 30, 2019 09:21 ET (13:21 GMT)

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