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Director Dealings

19 Dec 2023 11:03

RNS Number : 3161X
Frontier Developments PLC
19 December 2023
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19 December 2023

Frontier Developments plc

Director Dealings

Frontier Developments plc (AIM: FDEV, 'Frontier', the 'Company') announces that on 18 December 2023 it was notified of the following Director share purchases.

Joy Hu, wife of James Mitchell, a Non?Executive Director and PDMR of the Company, purchased a total of 38,000 ordinary shares of 0.5 pence each in the Company ('Ordinary Shares') at an average price of 119.37 pence per Ordinary Share on 15 December 2023. Following this transaction, James Mitchell and Joy Hu are beneficially interested in a total of 385,044 Ordinary Shares, representing 0.98 per cent of the Company's issued share capital.

Enquiries:

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Frontier DevelopmentsΒ Β +44 (0)1223 394 300

Jonny Watts, CEO

Alex Bevis, CFOΒ 

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Peel Hunt - Nomad and Joint Corporate Broker +44 (0)20 7418 8900

Neil Patel / Paul Gillam / Kate Bannatyne

Β 

Liberum - Joint Corporate BrokerΒ Β +44 (0)20 3100 2000

Max Jones / Nikhil Varghese

Β 

TeneoΒ Β +44 (0)20 7353 4200

Matt Low / Alex Dart

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About Frontier Developments plc

Frontier is a leading independent developer and publisher of videogames founded in 1994 by David Braben, co-author of the iconic Elite game. Based in Cambridge, Frontier uses its proprietary COBRA game development technology to create innovative genre-leading games, primarily for personal computers and videogame consoles.

Frontier's LEI number: 213800B9LGPWUAZ9GX18.

www.frontier.co.uk

DEALING NOTIFICATION FORMFOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1. Β 

Details of the person discharging managerial responsibilities/person closely associated

a)

Name: Joy Hu

2. Β 

Reason for the notification

a)

Position/status: PCA of Non-Executive Director

b)

Initial notification/Amendment: Initial Notification

3. Β 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name: Frontier Developments plc

b)

LEI: 213800B9LGPWUAZ9GX18

4. Β 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument:

Ordinary shares of 0.5p each

Identification code: GB00BBT32N39

b)

Nature of the transaction:

Purchase of Ordinary Shares

c)

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Β 

Price(s) and volume(s):

Price(s)

Volume(s)

115.00p

2,000

114.60p

5,000

115.00p

3,256

117.00p

2,000

117.00p

1,143

117.20p

857

118.92p

6,744

119.00p

2,000

122.00p

2,000

122.90p

3,000

123.76p

10,000

d)

Aggregated information:

Price(s)

Volume(s)

119.37p

38,000

e)

Date of the transaction(s):Β 

15 December 2023

f)

Place of the transaction:

London Stock Exchange

Β 

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