TIDMFDEV
RNS Number : 0612H
Frontier Developments PLC
02 June 2017
02 June 2017
Frontier Developments plc
(the "Company")
EBT & PDMR Dealings
Frontier Developments plc (AIM: FDEV, "Frontier", the
"Company"), a leading developer of video games, announces the
following dealings:
Employee Benefit Trust Dealings
Today the Company was notified by Estera Trust (Jersey) Limited,
the trustee of the Frontier Developments plc Employee Share
Ownership Plan Trust (the "EBT"), that the EBT transferred 58,000
ordinary shares of 0.5 pence in the Company ("Shares") to meet
employee share option awards at an average exercise price of 169.6
pence per Share.
Following this exercise of options, 57,000 Shares were
repurchased by the EBT at 406 pence per Share. The balances of
1,000 Shares are to be transferred to employees.
Following this transaction, the EBT is interested in 104,645
Shares, representing 0.3 per cent of the Company's total issued
share capital.
James Dixon, a PDMR's of the Company, exercised options over
12,000 Shares at an exercise price of 89 pence per Share.
Amanda Alsop, also a PDMR of the Company, exercised options over
2,000 Shares at an exercise price of 224.5 pence per Share.
Following the exercise of these options Mr Dixon and Mrs Alsop
sold 12,000 and 2,000 Shares, respective at a price of 406 pence
per Share.
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
Alex Bevis, CFO & Company
Secretary
+44 (0)20 7260
Numis - Nomad and Joint Broker 1000
Simon Willis / Jamie Lillywhite(Nomad)
/ 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
Frontier Developments plc
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: James Dixon
--- --------------------------------------------------
2. Reason for the notification
--- --------------------------------------------------
a) Position/status: Director of Operations
--- --------------------------------------------------
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: Acquisition of
shares linked to an exercise under a share
option programme
--- --------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
--------- ----------
0.89 12,000
--------- ----------
--- --------------------------------------------------
d) Aggregated information:
* Aggregated volume: 12,000
* Price: 0.89
--- --------------------------------------------------
e) Date of the transaction: 2017-06-01
--- --------------------------------------------------
f) Place of the transaction: Outside a trading
venue
--- --------------------------------------------------
Frontier Developments plc
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: James Dixon
--- --------------------------------------------------
2. Reason for the notification
--- --------------------------------------------------
a) Position/status: Director of Operations
--- --------------------------------------------------
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: Sales of shares
--- --------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
--------- ----------
4.06 12,000
--------- ----------
--- --------------------------------------------------
d) Aggregated information:
* Aggregated volume: 12,000
* Price: 4.06
--- --------------------------------------------------
e) Date of the transaction: 2017-06-01
--- --------------------------------------------------
f) Place of the transaction: Outside a trading
venue
--- --------------------------------------------------
Frontier Developments plc
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: Amanda Alsop
--- --------------------------------------------------
2. Reason for the notification
--- --------------------------------------------------
a) Position/status: Lead Group Accountant
--- --------------------------------------------------
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: Acquisition of
shares linked to an exercise under a share
option programme
--- --------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
--------- ----------
2.245 2,000
--------- ----------
--- --------------------------------------------------
d) Aggregated information:
* Aggregated volume: 2,000
* Price: 2.245
--- --------------------------------------------------
e) Date of the transaction: 2017-06-01
--- --------------------------------------------------
f) Place of the transaction: Outside a trading
venue
--- --------------------------------------------------
Frontier Developments plc
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: Amanda Alsop
--- --------------------------------------------------
2. Reason for the notification
--- --------------------------------------------------
a) Position/status: Lead Group Accountant
--- --------------------------------------------------
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: Sale of shares
--- --------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
--------- ----------
4.06 2,000
--------- ----------
--- --------------------------------------------------
d) Aggregated information:
* Aggregated volume: 2,000
* Price: 4.06
--- --------------------------------------------------
e) Date of the transaction: 2017-06-01
--- --------------------------------------------------
f) Place of the transaction: Outside a trading
venue
--- --------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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