StockMarketWire.com - Consultancy firm Science Group said it had lifted its stake in Frontier Smart Technologies to 52.3% after spending £1m buying more shares in the digital radio company.

Frontier's net assets would be consolidated into the accounts of Science Group.

In the year through, Frontier made a pre-tax loss of $3.3m and had gross assets at 31 December of $33.9m.

The total consideration paid by Science Group for around 23.4m ordinary shares in Frontier was £6.9m.


At 1:13pm:

[LON:FST] Frontier Smart Technologies Grp Ltd share price was 0p at 25p

[LON:SAG] Science Group share price was 0p at 187.5p



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