Frontier Developments PLC EBT Dealings (3083N)
24 October 2016 - 10:45PM
UK Regulatory
TIDMFDEV
RNS Number : 3083N
Frontier Developments PLC
24 October 2016
24 October 2016
Frontier Developments plc
(the "Company")
EBT Dealings
Frontier Developments plc (AIM: FDEV, "Frontier", the "Group"),
a leading developer of video games, announces the following
dealing:
Employee Benefit Trust Dealings
The Company was notified today by Estera Trust (Jersey) Limited,
the trustee of the Frontier Developments plc Employee Share
Ownership Plan Trust (the "EBT"), that the EBT transferred 12,000
shares to meet employee share option awards at an exercise price of
0.89 pence per Ordinary Share.
Following this transaction, the EBT is interested in 218,400
Ordinary Shares, representing 0.6 per cent of the Company's total
issued share capital.
The EBT is a discretionary trust for the benefit of employees of
the Company and its subsidiaries, who have been granted share
options. The Executive Directors of the Company are included in the
class of potential beneficiaries of the EBT and are deemed to be
interested in those shares and the dealings thereof.
Enquiries:
+44 (0)1223 394
Frontier Developments 300
David Braben, CEO
David Walsh, COO
Neil Armstrong, CFO
+44 (0)20 7260
Numis - Nomad and Joint Broker 1000
Simon Willis/Jamie Lillywhite/Toby
Adcock
+44 (0) 207 220
Finncap 0500
Matt Goode/Giles Rolls
+44 (0) 207 353
Tulchan Communications 4200
James Macey White/Matt Low
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
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCPGGPCUUPQGGC
(END) Dow Jones Newswires
October 24, 2016 07:45 ET (11:45 GMT)
Frontier Developments (LSE:FDEV)
Historical Stock Chart
From Apr 2024 to May 2024
Frontier Developments (LSE:FDEV)
Historical Stock Chart
From May 2023 to May 2024