Director/PDMR Shareholding

RNS Number : 2960G

Frontier Developments PLC

14 November 2022

 

Frontier Developments plc

Director/PDMR Shareholding

Frontier Developments plc (AIM: FDEV, "Frontier", the "Company") announces that on 11 November 2022, Rockspring, a UK company, sold 35,000 ordinary shares of 0.5 pence each in the Company ("Ordinary Shares") at a price of 1,400 pence per Ordinary Share. David Gammon, Frontier's Chairman, is a Director of Rockspring and, together with his family, was beneficially interested in these Ordinary Shares. Following this transaction, [David Gammon remains beneficially interested in a total of 245,000 Ordinary Shares, representing 0.6% of the Company's issued share capital].

Enquiries :

Frontier Developments   [phone]

Jonny Watts, 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 / 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 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: David Gammon
2.	Reason for the notification
a)	Position/status: Chairman
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): Price(s) Volume(s) 1,400p 35,000
d)	Aggregated information: n/a - Single transaction
e)	Date of the transaction(s):  11 November 2022
f)	Place of the transaction: London Stock Exchange

 

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