Holding(s) in Company

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

Frontier Smart Technologies Group Limited

('Frontier' or the 'Company')

Holding in Company

The Board of Frontier announces that it was notified on 20 July 2019 that on the 19 July 2019, Science Group plc purchased a total of 416,069 shares in the capital of the Company at a price of 35 pence per share.

As announced previously, the Board of Frontier was also notified on 20 July 2019 that on 19 July 2019 Science Group had received acceptances under its cash offer at a price of 35 pence per Frontier share ("the Offer") in respect of a further 2,785,388 shares, representing approximately 6.8 per cent. of the voting rights of Frontier ("the Acceptances") and that it had declared the Offer unconditional as to acceptances.

Therefore, including Acceptances, Science Group plc now holds a total interest in 19,447,431 ordinary shares in the capital of Frontier, equivalent to 47.6 per cent. of the voting share capital of the Company.

Ends

Enquiries:

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.