Frontier Resources International General Meeting Result and Capital Reorganisation (0148L)

TIDMFRI

RNS Number : 0148L

Frontier Resources International

06 January 2016

For immediate release

6 January 2016

Frontier Resources International Plc

("Frontier" or the "Company")

Result of General Meeting

Capital Reorganisation

The Board of Frontier announces that the resolution pertaining to proposals for the subdivision and redesignation of the existing ordinary shares ("Existing Ordinary Shares") and the adoption of new articles of association (the "Reorganisation") was passed.

The Reorganisation comprises a subdivision of each Existing Ordinary Share into one new ordinary share of 0.01p each ("New Ordinary Share") and one deferred share ("A Deferred Share") and the adoption of the new articles of association ("New Articles").

The New Ordinary Shares will have the same rights as those currently accruing to the Existing Ordinary Shares under the existing articles of association, including those relating to voting and entitlement to dividends. No new share certificates will be issued to existing shareholders, and their existing share certificates for the same quantity of shares will remain as valid cover.

Application has been made for the New Ordinary Shares to be admitted to trading on AIM and, it is expected that admission will become effective at 8.00 a.m. on 7 January 2016. There are 361,999,056 New Ordinary Shares in issue following completion of the Reorganisation.

Enquiries:

 
 Frontier Resources 
  International Plc               Tel: +1 (281) 920 
  Jack Keyes, Chief Executive     0061 
  Officer 
 
   Beaumont Cornish (Nomad)       Tel: +44 (0)20 7628 
   Michael Cornish                3396 
   Roland Cornish 
 
   Beaufort Securities            Tel: +44 (0)20 7382 
   Limited (Broker)               8300 
   Zoe Alexander

A copy of this announcement is available from the Company's website www.friplc.com

ENDS

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 06, 2016 06:32 ET (11:32 GMT)

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