EBT Dealings

RNS Number : 4197O

Frontier Developments PLC

27 May 2015

 



27 May 2015

Frontier Developments plc

(the "Company")

EBT Dealings

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 227.5 pence per Ordinary Share.

Following the transaction, the EBT is interested in 24,445 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/Emma Gabriel
Finncap	[phone]
Matt Goode
Tulchan Communications	[phone]
James Macey White

 

END

 

 

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