23 January 2023
Frontier Developments plc
Director/PDMR Shareholding
Frontier Developments plc (AIM: FDEV, "Frontier", the "Company") announces the following Director share purchases.
David Wilton, Frontier's Chairman and PDMR of the Company, purchased 5,000 ordinary shares of 0.5 pence each in the Company ("Ordinary Shares") at a price of 483.6 pence per Ordinary Share on 20 January 2023. Following this transaction, David Wilton remains beneficially interested in a total of 12,000 Ordinary Shares, representing 0.03 per cent of the Company's issued share capital.
Jonny Watts, Chief Executive Officer and PDMR of the Company, purchased a total of 10,000 Ordinary Shares at an average price of 496.3 pence per Ordinary Share on 20 January 2023. Following these transactions, Jonny Watts remains beneficially interested in a total of 30,000 Ordinary Shares, representing 0.08 per cent of the Company's issued share capital.
Alex Bevis, Chief Financial Officer and PDMR of the Company, purchased a total of 10,000 Ordinary Shares at an average price of 495.5 pence per Ordinary Share on 20 January 2023 and 23 January 2023. Following these transactions, Alex Bevis remains beneficially interested in a total of 27,000 Ordinary Shares, representing 0.07 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
Philip Noblet / 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: David Wilton | ||||
| 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: Purchase of Ordinary Shares | ||||
| c)
| Price(s) and volume(s):
| ||||
| d) | Aggregated information: N/A - Single transaction | ||||
| e) | Date of the transaction(s): 20 January 2023 | ||||
| f) | Place of the transaction: London Stock Exchange |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||||||
| a) | Name: Jonathan Watts | ||||||
| 2. | Reason for the notification | ||||||
| a) | Position/status: Chief Executive 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: Purchase of Ordinary Shares | ||||||
| c)
| Price(s) and volume(s):
| ||||||
| d) | Aggregated information:
| ||||||
| e) | Date of the transaction(s): 20 January 2023 | ||||||
| f) | Place of the transaction: London Stock Exchange |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||||||
| a) | Name: Alexander Bevis | ||||||
| 2. | Reason for the notification | ||||||
| a) | Position/status: Chief Financial 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: Purchase of Ordinary Shares | ||||||
| c)
| Price(s) and volume(s):
| ||||||
| d) | Aggregated information:
| ||||||
| e) | Date of the transaction(s): 20 January 2023 and 23 January 2023 | ||||||
| f) | Place of the transaction: London Stock Exchange |
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