Director/PDMR Shareholding

RNS Number : 4629S

Frontier Developments PLC

16 March 2021

 

Frontier Developments plc

Director/PDMR Shareholding

Frontier Developments plc (AIM: FDEV, "Frontier", the "Company") announces that on 11 March and 12 March 2021, Charles Cotton, a Non-Executive Director and PDMR of the Company, purchased, in aggregate, 17,165 ordinary shares of 0.5p each in the Company ("Ordinary Shares") at an average price of 2,592 pence per Ordinary Share.

Following these transactions, Mr Cotton, including direct family holdings, remains beneficially interested in a total of 171,824 Ordinary Shares, representing 0.44 per cent of the Company's issued share capital.

Enquiries :

Frontier Developments     [phone]

David Braben, CEO

Alex Bevis, CFO 

Liberum - Nomad and Joint Broker       [phone]

Neil Patel / Cameron Duncan  

Jefferies - Joint Broker     [phone]

Max Jones / William Brown

Tulchan Communications     [phone]

Matt Low / William Booth / Tom Blundell / David Allchurch

 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 FORM
FOR 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 transactions: Purchase of Ordinary Shares
c)	Price(s) and volume(s): (i) Price(s) Volume(s) 2,556 pence 6,500 (ii) Price(s) Volume(s) 2,614 pence 10,665
d)	Aggregated information: Price Volume 2,592 pence 17,165
e)	Date of the transaction(s): (i)  11 March 2021 (ii)  12 March 2021
f)	Place of the transaction:   London Stock Exchange

 

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