18 November 2022
Frontier Developments plc
Director/PDMR Shareholding
Frontier Developments plc (AIM: FDEV, "Frontier", the "Company") announces that on 18 November 2022 the Company was notified of two Director share sales.
Charles Cotton, a Non-Executive Director and PDMR of the Company, sold 10,000 ordinary shares of 0.5 pence each in the Company ("Ordinary Shares") at a price of 1,407 pence per Ordinary Share on 14 November 2022. Following this transaction, Charles Cotton, including direct family holdings, remains beneficially interested in a total of 165,634 Ordinary Shares, representing 0.42 per cent of the Company's issued share capital.
James Dixon, Chief Operating Officer and PDMR of the Company, sold 20,000 Ordinary Shares at a price of 1,406.5 pence per Ordinary Share on 11 November 2022. Following this transaction, James Dixon, including direct family holdings, remains beneficially interested in a total of 31,180 Ordinary Shares, representing 0.08 per cent of the Company's issued share capital.
Enquiries:
Frontier Developments +44 (0)1223 394 300
Jonny Watts, 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 / 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.
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: Charles Cotton | ||||
| 2. | Reason for the notification | ||||
| a) | Position/status: Non-Executive Director | ||||
| 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):
| ||||
| d) | Aggregated information: N/A - Single transaction | ||||
| e) | Date of the transaction(s): 14 November 2022 | ||||
| f) | Place of the transaction: London Stock Exchange |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name: James Dixon | ||||
| 2. | Reason for the notification | ||||
| a) | Position/status: Chief Operating Officer | ||||
| 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):
| ||||
| d) | Aggregated information: N/A - Single transaction | ||||
| e) | Date of the transaction(s): 11 November 2022 | ||||
| f) | Place of the transaction: London Stock Exchange |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.