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Non-Executive Director Grant of Options

7 Mar 2017 09:26

RNS Number : 7356Y
Frontier Developments PLC
07 March 2017
 

07 March 2017

 

Frontier Developments plc

(the "Company")

 

Non-Executive Director Grant of Options

 

On 06 March 2017, the Company awarded to Non-Executive Director Charles Cotton 25,000 share options (the "Options") exercisable into new ordinary shares of 0.5 pence in the Company ("Ordinary Shares") at an exercise price of 278 pence per share.

 

 

Enquiries:

Frontier Developments

+44 (0)1223 394 300

 

David Braben, CEO

David Walsh, COO

 

 

 

 

 

Numis - Nomad and Joint Broker

+44 (0)20 7260 1000

 

Simon Willis / Jamie Lillywhite (Nomad) / Toby Adcock

 

 

 

 

 

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, Frontier uses its proprietary 'COBRA' game development technology to create innovative games, currently focusing on videogame consoles and personal computers.

www.frontier.co.uk

 

Frontier Developments plc

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: Grant of Options

c)

Price(s) and volume(s):

Price(s)

Volume(s)

278p

25,000

 

d)

Aggregated information:

· Aggregated volume: 25,000

· Price: 278p

e)

Date of the transaction: 2017-03-06

f)

Place of the transaction: Outside a trading venue

 

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