Frontier Developments PLC Director/PDMR Shareholding (2960G)

TIDMFDEV

RNS Number : 2960G

Frontier Developments PLC

14 November 2022

Frontier Developments plc

Director/PDMR Shareholding

Frontier Developments plc (AIM: FDEV, "Frontier", the "Company") announces that on 11 November 2022, Rockspring, a UK company, sold 35,000 ordinary shares of 0.5 pence each in the Company ("Ordinary Shares") at a price of 1,400 pence per Ordinary Share. David Gammon, Frontier's Chairman, is a Director of Rockspring and, together with his family, was beneficially interested in these Ordinary Shares. Following this transaction, [David Gammon remains beneficially interested in a total of 245,000 Ordinary Shares, representing 0.6% 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.

www.frontier.co.uk

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 Gammon 
     --------------------------------------------------------------------- 
 2.   Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status: Chairman 
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 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 
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 c)   Price(s) and volume(s): Price(s)   Volume(s) 
        1,400p     35,000 
                  ---------- 
     --------------------------------------------------------------------- 
 d)   Aggregated information: 
       n/a - Single transaction 
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 e)   Date of the transaction(s): 
       11 November 2022 
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 f)   Place of the transaction: 
       London Stock Exchange 
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END

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(END) Dow Jones Newswires

November 14, 2022 05:29 ET (10:29 GMT)

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