EBT Dealing

RNS Number : 5644N

Frontier Developments PLC

18 May 2015

 



18 May 2015

Frontier Developments plc

(the "Company")

EBT Dealing

Frontier Developments plc (AIM: FDEV, "Frontier", the "Group"), a leading developer of video games, announces the following dealing:

Employee Benefit Trust Dealings

The Company was notified today by Appleby Trust (Jersey) Limited, the trustee of the Frontier Developments plc Employee Share Ownership Plan Trust (the "EBT"), that they purchased 10,000 Ordinary Shares at 224 pence per Ordinary Share on 18 May 2015.

Following the transaction, the EBT is interested in 14,445 Ordinary Shares, representing 0.01 per cent of the Company's total issued share capital.

The EBT is a discretionary trust for the benefit of employees of the Company and its subsidiaries, who have been granted share options. The Executive Directors of the Company are included in the class of potential beneficiaries of the EBT and are deemed to be interested in those shares and the dealings thereof.

Enquiries:

Frontier Developments	[phone]
David Braben, CEO David Walsh, COO Neil Armstrong, CFO
Canaccord Genuity	[phone]
Simon Bridges/Cameron Duncan
Finncap	[phone]
Matt Goode
Tulchan Communications	[phone]
James Macey White

 

END

 

 

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