Science Group PLC Investment in Frontier Smart Technologies Grp Ltd (0494G)
July 19 2019 - 2:00AM
UK Regulatory
TIDMSAG TIDMFST
RNS Number : 0494G
Science Group PLC
19 July 2019
19 July 2019
Science Group plc
(the "Company")
Investment in Frontier Smart Technologies Group Limited
("Frontier")
Science Group plc (AIM:SAG) announces that on 18 July 2019 the
Company purchased 696,233 shares in the capital of Frontier at a
price of 35 pence per share. Following these purchases, the Company
holds a total of 16,245,974 shares in the capital of Frontier,
equivalent to 39.9 per cent. of the voting share capital of
Frontier.
As previously announced, as at 1.00 p.m. (London time) on 16
July 2019, the Company had received valid acceptances of its Offer
in respect of 1,269,399 Frontier shares, representing approximately
3.1 per cent. of the voting share capital of Frontier.
The Company is therefore interested in, in aggregate, 17,515,373
Frontier shares representing approximately 43.0 per cent. of the
voting share capital of Frontier.
- Ends -
For further information:
Science Group plc
Martyn Ratcliffe, Chairman Tel: +44 (0) 1223 875
Sarah Cole, Company Secretary 200
Panmure Gordon (UK) Limited
Dominic Morley / Alina Vaskina Tel: +44 (0) 20 7886
(Corporate Finance) 2500
Erik Anderson (Corporate Broking)
This information is provided by RNS, the news service of the
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Authority to act as a Primary Information Provider in the United
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END
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