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Frontier Dev PLC (FDEV)

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Tuesday 04 May, 2021

Frontier Dev PLC

Total Voting Rights & Director Share Options

RNS Number : 5042X
Frontier Developments PLC
04 May 2021
 

4 May 2021

 

Frontier Developments plc

(the "Company")

 

Total Voting Rights and Director Share Options

 

In accordance with the FCA's Disclosure and Transparency Rule 5.6.1, the Company confirms that its issued share capital at 30 April 2021 consisted of 39,342,301 ordinary shares of 0.5p each ("Ordinary Shares").

The Company does not currently hold any Ordinary Shares in treasury. Therefore, the total number of voting rights in the Company is 39,342,301.

The above figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

The Company further confirms the lapse of 1,890 share options held by David Braben, CEO, under the Company's Sharesave Scheme, granted on 6 October 2017.  Mr Braben, together with his spouse and immediate family, holds 32.8% of the issued share capital and total voting rights of the Company. As a consequence, Mr Braben did not exercise these share options before their expiry date of 1 May 2021 due to the restrictions under the City Code on Takeovers and Mergers.

Following this lapse of share options, Mr Braben retains 375,365 share options, representing 0.95% of the issued share capital of the company.

 

Enquiries :

Frontier Developments     +44 (0)1223 394 300

David Braben, CEO

Alex Bevis, CFO 

Liberum - Nomad and Joint Broker       +44 (0)20 3100 2000

Neil Patel / Cameron Duncan  

 Jefferies - Joint Broker     +44 (0)20 7029 8000

Max Jones / William Brown

Tulchan Communications     +44 (0)20 7353 4200

Matt Low / 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

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