12 May 2017
Frontier Developments plc
(the "Company")
PCA Dealings
The Company was notified today that Kathy Dixon, a PCA of James Dixon, a PDMR of Frontier Developments plc, sold 1,318 ordinary shares of 0.5p each in the Company ("Ordinary Shares") at 380 pence per share.
The Company was also notified today that Gillian Walsh, a PCA of David Walsh, an executive director of the Company, sold 132,910 Ordinary Shares at 381 pence per share.
David Walsh and his wife Gillian Walsh are transferring and liquidating assets subject to court order as part of their divorce, and have each notified the Company that for this reason further sales of their holdings in the Company are expected in the coming months.
Enquiries:
Frontier Developments |
+44 (0)1223 394 300 |
David Braben, CEO David Walsh, COO Alex Bevis, CFO and Company Secretary
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Numis - Nomad and Joint Broker |
+44 (0)20 7260 1000 |
Simon Willis / Jamie Lillywhite(Nomad) / Toby Adcock
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Finncap |
+44 (0) 207 220 0500 |
Matt Goode / Giles Rolls
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Tulchan Communications |
+44 (0) 207 353 4200 |
James Macey White / Matt Low
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About Frontier Developments plc
Frontier Developments plc, listed on the AIM stock market (AIM: FDEV), is a leading independent game developer 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 across videogame consoles, computers, smartphones and tablets.
www.frontier.co.uk
Frontier Developments plc
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 |
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a) |
Name: Kathy Dixon |
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2. |
Reason for the notification |
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a) |
Position/status: PCA of Director of Operations |
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b) |
Initial notification/Amendment: Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name: Frontier Developments plc |
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b) |
LEI: 213800B9LGPWUAZ9GX18 |
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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 |
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a) |
Description of the financial instrument, type of instrument: Ordinary shares of 0.5p each. Identification code: GB00BBT32N39 |
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b) |
Nature of the transaction: Sale |
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c) |
Price(s) and volume(s):
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d) |
Aggregated information: · Aggregated volume: 1,318 · Price: 380p |
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e) |
Date of the transaction: 2017-05-12 |
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f) |
Place of the transaction: XLON |
1. |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name: Gillian Walsh |
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2. |
Reason for the notification |
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a) |
Position/status: PCA of Chief Operating Officer |
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b) |
Initial notification/Amendment: Initial Notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name: Frontier Developments plc |
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b) |
LEI: 213800B9LGPWUAZ9GX18 |
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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 |
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b) |
Nature of the transaction: Sale |
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c) |
Price(s) and volume(s):
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d) |
Aggregated information: · Aggregated volume: 132,910 · Price: 381p |
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e) |
Date of the transaction: 2017-05-12 |
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f) |
Place of the transaction: XLON |