Last checked at 18 Nov 2022 14:08
18 November 2022
Frontier Developments plc
Director/PDMR Shareholding
Frontier Developments plc (AIM: FDEV, "Frontier", the "Company") announces that on 18 November 2022 the Company was notified of two Director share sales.
Charles Cotton, a Non-Executive Director and PDMR of the Company, sold 10,000 ordinary shares of 0.5 pence each in the Company ("Ordinary Shares") at a price of 1,407 pence per Ordinary Share on 14 November 2022. Following this transaction, Charles Cotton, including direct family holdings, remains beneficially interested in a total of 165,634 Ordinary Shares, representing 0.42 per cent of the Company's issued share capital.
James Dixon, Chief Operating Officer and PDMR of the Company, sold 20,000 Ordinary Shares at a price of 1,406.5 pence per Ordinary Share on 11 November 2022. Following this transaction, James Dixon, including direct family holdings, remains beneficially interested in a total of 31,180 Ordinary Shares, representing 0.08 per cent of the Company's issued share capital.
Enquiries:
Frontier Developments +44 (0)1223 394 300
Jonny Watts, CEO
Alex Bevis, CFO
Liberum - Nomad and Joint Broker +44 (0)20 3100 2000
Neil Patel / Cameron Duncan
Jefferies - Joint Broker +44 (0)20 7029 8000
Max Jones / William Brown
Tulchan Communications +44 (0)20 7353 4200
Matt Low / Mark Burgess / Alex Dart
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. As well as self-publishing internally developed games, Frontier also publishes games developed by carefully selected partner studios under its Frontier Foundry games label.
Frontier's LEI number: 213800B9LGPWUAZ9GX18.
www.frontier.co.uk
DEALING NOTIFICATION FORMFOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS
1. | Details of the person discharging managerial responsibilities/person closely associated | ||||
a) | Name: Charles Cotton | ||||
2. | Reason for the notification | ||||
a) | Position/status: Non-Executive Director | ||||
b) | Initial notification/Amendment: Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name: Frontier Developments plc | ||||
b) | LEI: 213800B9LGPWUAZ9GX18 | ||||
4. | 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: Disposal of Ordinary Shares | ||||
c)
| Price(s) and volume(s):
| ||||
d) | Aggregated information: N/A - Single transaction | ||||
e) | Date of the transaction(s): 14 November 2022 | ||||
f) | Place of the transaction: London Stock Exchange |
1. | Details of the person discharging managerial responsibilities/person closely associated | ||||
a) | Name: James Dixon | ||||
2. | Reason for the notification | ||||
a) | Position/status: Chief Operating Officer | ||||
b) | Initial notification/Amendment: Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name: Frontier Developments plc | ||||
b) | LEI: 213800B9LGPWUAZ9GX18 | ||||
4. | 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: Disposal of Ordinary Shares | ||||
c)
| Price(s) and volume(s):
| ||||
d) | Aggregated information: N/A - Single transaction | ||||
e) | Date of the transaction(s): 11 November 2022 | ||||
f) | Place of the transaction: London Stock Exchange |