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

22 Aug 2018 07:00

RNS Number : 4093Y
Frontier Developments PLC
22 August 2018
 

22 August 2018

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, 2015, 2016 and 2017 Company Share Option Plans, the 2014, 2015 and 2016 Unapproved Company Share Option Plans, and the 2017 LTIP Plan.

It is expected that the block admission will become effective on 24 August 2018. 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 25 February 2019.

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 creator of self-published videogame franchises founded in 1994 by David Braben, co-author of the seminal 'Elite' game. Based in Cambridge, UK, Frontier uses its proprietary 'COBRA' game development technology to create innovative videogames for home consoles and personal computers. Frontier's LEI number: 213800B9LGPWUAZ9GX18.

www.frontier.co.uk

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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