Less Ads, More Data, More Tools Register for FREE

Pin to quick picksFrontier Dev Share News (FDEV)

Share Price Information for Frontier Dev (FDEV)

Share Price is delayed by 15 minutes
Get Live Data
466.50    -9.50 (-2.00%)
Bid:
465.00
Ask:
467.50
Spread: 2.50 (0.538%)
Market Cap: £162.03m
FDEV Live PriceLast checked at - London Stock Exchange

Intraday Frontier Dev Share Chart

Frontier Developments set to acquire PPA

Wed, 16th Apr 2014 10:32
Video games producer Frontier Developments has entered an agreement to acquire the business and assets of Professional Practice Automation (PPA) in which Frontier Chief Executive David Barben is a member.The assets to be purchased include the royalty rights in respect of the Elite video game franchise, which are currently held by PPA.Barben assigned these rights to the company in June 2008 in return for a royalty based on the group's profits from the video game.The consideration for the acquisition is £5.09m, which is to be satisfied the allotment and issue to PPA of 2,001,573 new ordinary shares in the company at 254.3p.As part of the deal, Braben intends to sell up to 1,600,000 ordinary shares in Frontier at a price of 250p per ordinary share, representing a 5.1% stake. The deal will leave him with a 53.7% interest.As of 11:30 the share price was unchanged at 250p.WS

Related News

Frontier Developments eyes record profit, sees "further success" ahead
5 days ago

Frontier Developments eyes record profit, sees "further success" ahead

(Alliance News) - Frontier Developments PLC on Wednesday reported an increase in annual earnings, hailing its focus on management simulation games, an...

Frontier Developments flags record annual profit, cash generation
10 Jun 2026

Frontier Developments flags record annual profit, cash generation

(Sharecast News) - Frontier Developments said on Wednesday that its focus on creative management simulation games had delivered record annual profit a...

EARNINGS & TRADING: Microsalt lowers sales 2026 guidance
28 May 2026

EARNINGS & TRADING: Microsalt lowers sales 2026 guidance

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately repor...

Frontier Dev News

New Frontier Developments chair steps into role
1 Dec 2022

New Frontier Developments chair steps into role

(Sharecast News) - Video games developer and publisher Frontier Developments confirmed two changes to its board of directors on Thursday.

DIRECTOR DEALINGS: Eagle Eye non-exec sells GBP6 million in shares
18 Nov 2022

DIRECTOR DEALINGS: Eagle Eye non-exec sells GBP6 million in shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Friday and not separately...

DIRECTOR DEALINGS: Frontier chair sells; Tremor CEO buys 80,000 shares
14 Nov 2022

DIRECTOR DEALINGS: Frontier chair sells; Tremor CEO buys 80,000 shares

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and not separately...

Director dealings: Outgoing Frontier Developments chairman lowers stake
14 Nov 2022

Director dealings: Outgoing Frontier Developments chairman lowers stake

(Sharecast News) - Frontier Developments revealed on Monday that outgoing chairman David Gammon had disposed of 35,000 ordinary shares in the AIM-list...

Frontier Developments buys games development studio Complex Games
2 Nov 2022

Frontier Developments buys games development studio Complex Games

(Alliance News) - Frontier Developments PLC on Wednesday announces its acquisition of Manitoba, Canada-based game development studio Complex Games Inc...

Frontier Developments reports record revenue, earnings in line
21 Sep 2022

Frontier Developments reports record revenue, earnings in line

(Sharecast News) - Video games developer and publisher Frontier Developments reported record revenue of £114m in its full-year results on Wednesd...

Frontier Developments annual profit dives despite record revenue
21 Sep 2022

Frontier Developments annual profit dives despite record revenue

(Alliance News) - Frontier Developments PLC on Wednesday reported a plunge in profit for its recently ended financial year, as ballooning research & d...