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Spread: 4.50 (0.988%)
Market Cap: £160.29m
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Block Listing Application

12 Sep 2017 09:56

RNS Number : 4946Q
Frontier Developments PLC
12 September 2017
 

12 September 2017

Frontier Developments plc

Block Listing Application

Frontier Developments plc (AIM: FDEV, "Frontier", the "Company"), a leading developer of video games based in Cambridge, announces that an application has been made to AIM for the block admission of 600,000 ordinary shares of 0.5 pence each in the Company ("Block Admission Shares"). The Block Admission Shares will be available to be issued from time to time to satisfy the exercise of share options as part of the 2012 and 2013 EMI Share Option Plans, the 2014 Company Share Option Plan, and the 2014 Unapproved Company Share Option Plan. The Block Admission Shares are further to the Company's block admission of ordinary shares of 0.5 pence each in the Company ("Ordinary Shares") admitted on 8 August 2013, 4 April 2014 and 8 July 2015.

It is expected that the block admission will become effective on 15 September 2017. When issued, these Block Admission Shares will be issued credited as fully paid and will rank pari passu with the existing Ordinary Shares of the Company.

The Company expects to publish its next six monthly block listing return on or around 9 January 2018.

Enquiries:

 

Frontier Developments

+44 (0)1223 394 300

David Braben, CEO

David Walsh, COO

Alex Bevis, CFO

 

 

 

Liberum - Nomad and Joint Broker

+44 (0)203 100 2000

Neil Patel / Cameron Duncan

 

 

 

Finncap

+44 (0) 207 220 0500

Matt Goode/Giles Rolls

 

 

 

Tulchan Communications

+44 (0) 207 353 4200

James Macey White/Matt Low

 

 

About Frontier Developments plc 

Frontier Developments plc, listed on the AIM stock market (AIM: FDEV), is a leading independent game developer founded in 1994 by David Braben, co-author of the seminal 'Elite' game. Based in Cambridge, Frontier uses its proprietary 'COBRA' game development technology to create innovative games across videogame consoles, computers, smartphones and tablets.

www.frontier.co.uk 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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