Frontier Resources International Expected Timetable of Open Offer (5247D)

TIDMFRI

RNS Number : 5247D

Frontier Resources International

07 July 2016

7 July 2016

Frontier Resources International Plc

Acquisition, Placings, Open Offer : Expected Timetable of Principal Events

Further to the announcement of 700am today in relation to the Acquisition, Placings and Open Offer, the expected timetable of principal events is as follows:

 
                                                                                        2016 
-----------------------------------------  ------------------------------------------------- 
 Record Date for the Open Offer                                  close of business on 6 July 
-----------------------------------------  ------------------------------------------------- 
 Announcement of the Proposals,                                                       7 July 
  publication and posting of this 
  document and posting of the Application 
  Form to Qualifying Shareholders 
-----------------------------------------  ------------------------------------------------- 
 Ex-entitlement date for the Open                                           8.00am on 8 July 
  Offer 
-----------------------------------------  ------------------------------------------------- 
 Open Offer Entitlements and Excess                                                   8 July 
  CREST Open Offer Entitlements 
  credited to stock accounts in 
  CREST of Qualifying CREST shareholders 
-----------------------------------------  ------------------------------------------------- 
 Recommended latest time for requesting                                   11.00am on 18 July 
  withdrawal of Open Offer Entitlements 
  from CREST 
-----------------------------------------  ------------------------------------------------- 
 Latest time for depositing Open                                           4.30pm on 19 July 
  Offer Entitlements in CREST 
-----------------------------------------  ------------------------------------------------- 
    Latest time and date for splitting                                     3.00pm on 20 July 
     of Application Forms (to satisfy 
       bona fide market claims only) 
-----------------------------------------  ------------------------------------------------- 
 Latest time and date for completion                                      11.00am on 22 July 
  of completed Application Forms 
  and payment in full under the 
  Open Offer or settlement of relevant 
  CREST instruction 
-----------------------------------------  ------------------------------------------------- 
 Last time and date for receipt                                           11.00am on 23 July 
  of CREST Voting Intentions 
-----------------------------------------  ------------------------------------------------- 
 Latest time and date for receipt                                         11.00am on 23 July 
  of Forms of Proxy 
-----------------------------------------  ------------------------------------------------- 
 Time and date for the General                                            11.00am on 25 July 
  Meeting 
-----------------------------------------  ------------------------------------------------- 
 Last day of dealings in the Existing                                                25 July 
  Ordinary Shares 
-----------------------------------------  ------------------------------------------------- 
 Record Time and date for the                                           5.00 p.m. on 25 July 
  Share Consolidation 
-----------------------------------------  ------------------------------------------------- 
 Admission, completion of the 
  Proposals and commencement of                                         8.00 a.m. on 26 July 
  dealings of the Enlarged Ordinary 
  Share Capital on AIM 
-----------------------------------------  ------------------------------------------------- 
 CREST accounts expected to be                                          8.00 a.m. on 26 July 
  credited with New Ordinary Shares 
-----------------------------------------  ------------------------------------------------- 
 Despatch of definitive share                                       week commencing 1 August 
  certificates in respect of New 
  Ordinary Shares 
-----------------------------------------  -------------------------------------------------

Notes: All references to times in this timetable are to London times. The times and dates may be subject to change.

Enquiries:

Frontier Resources International Plc

Adam Reynolds, Chairman

Tel: +44 (0) 7785 908158

SPARK Advisory Partners Limited (Nominated Adviser)

Neil Baldwin/ Mark Brady

Tel +44 (0)20 3368 3550

Beaufort Securities Limited (Broker)

Jon Belliss

Tel: +44 (0)20 7382 8300

Yellow Jersey PR Limited (Financial PR)