Director dealings: Frontier Developments founder lowers stake

(Sharecast News) - Frontier Developments revealed on Friday that founder and president David Braben had disposed of 13,000 ordinary shares in the AIM-listed video games developer.

Braben, who started Frontier Developments in 1994, sold the shares on Thursday at an average price of 367 each, for a total value of £47,710.

As of 1540 BST, Frontier shares were up 2.88% at 375.50p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Helios Underwriting (HUW)

Director name: Hanbury,Nigel

Amount purchased: 39,500 @ 205.08p

Value: £81,004.98

Supermarket Income Reit (SUPR)

Director name: Abraham,Rob

Amount purchased: 24,137 @ 82.41p

Value: £19,891.30

Supermarket Income Reit (SUPR)

Director name: Abraham,Rob

Amount purchased: 6,033 @ 82.34p

Value: £4,967.60

Top Director Sells

Helios Underwriting (HUW)

Director name: Hanbury,Nigel

Amount sold: 39,500 @ 205.00p

Value: £80,975.00

Frontier Developments (FDEV)

Director name: Braben ,David John

Amount sold: 13,000 @ 367.00p

Value: £47,710.00

Frontier Dev