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397.50    -7.00 (-1.73%)
Bid:
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Spread: 3.50 (0.882%)
Market Cap: £138.07m
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Exercise of Options, Director/PDMR Shareholding

Today 07:00

RNS Number : 4638J
Frontier Developments PLC
24 June 2026
 

24 June 2026

Frontier Developments plc

Exercise of Options, Director/PDMR Shareholding

Frontier Developments plc (AIM: FDEV, 'Frontier', the 'Group' or the 'Company'), a leading Cambridge-based developer and publisher of video games, announces share transactions for Alex Bevis, Chief Financial Officer and Executive Director.

On 23 June 2026, Mr Bevis exercised options over 5,084 ordinary shares of 0.5 pence each in the Company ('Ordinary Shares') under Frontier's all-staff Sharesave Plan at an exercise price of 354 pence per Ordinary Share. Following the exercise, Mr Bevis sold the resulting 5,084 Ordinary Shares on 23 June 2026 at a price of 403.68 pence per Ordinary Share.

The Company confirms that this share option exercise has been satisfied through the transfer of existing ordinary shares held by its Employee Benefit Trust ("EBT"). Utilising shares held in the EBT allows the Company to fulfil its obligations arising from option exercises without issuing new shares, thereby minimising dilution for existing shareholders.

Following these transactions, Mr Bevis holds 309,822 Ordinary Shares under option and his beneficial shareholding remains unchanged at 50,000 Ordinary Shares, representing approximately 0.14% of the Company's total voting rights.

Enquiries:

Sign up for email alerts at www.frontier.co.uk/investors.

Frontier Developments

IR@frontier.co.uk

+44 (0)1223 394300

 

Peel Hunt - Nomad and Corporate Broker

Neil Patel / Ben Cryer / Kate Bannatyne

+44 (0)20 7418 8900

 

About Frontier Developments plc

Frontier Developments plc is a leading independent developer and publisher of video games, specialising in creative management simulation (CMS) experiences. Headquartered in Cambridge, UK, Frontier develops and nurtures globally successful game franchises, including core CMS franchises such as Planet Coaster, Planet Zoo, and Jurassic World Evolution, using its proprietary COBRA technology. The CMS genre underpins Frontier's strategy, which is driving long-term and sustainable growth through strong player engagement, robust back-catalogue performance, and an exciting pipeline of new games.

 

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

Alexander Bevis

2

Reason for the notification

a)

Position/status

Chief Financial 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

Identification code

Ordinary shares of 0.5p each

 

ISIN: GB00BBT32N39

b)

Nature of the transaction

a) Exercise of Options

b) Disposal of Ordinary Shares

c)

Price(s) and volume(s)

a)

 

  Exercise Price(s)

Volume(s)

354p

5,084

 

b)

 

  Sale Price(s)

Volume(s)

403.68p

5,084

d)

Aggregated information

- Aggregated volume

- Price

a) N/A - single transaction

b) N/A - single transaction

 

e)

Date of the transaction(s)

23 June 2026

f)

Place of the transaction(s)

a) Outside a trading venue

b) London Stock Exchange, AIM

 

 

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END
 
 
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