TIDMFDEV
RNS Number : 0313R
Frontier Developments PLC
03 March 2021
Frontier Developments plc
Exercise of Options, Director/PDMR Shareholding and Total Voting
Rights
Frontier Developments plc (AIM: FDEV, "Frontier", the "Company")
announces that employees of the Company have exercised in aggregate
options over 38,742 ordinary shares of 0.5 pence each in the
Company ("Ordinary Shares") under the Company's share option plans.
Of the options exercised by employees, three Directors of the
Company have, in aggregate, exercised 37,559 share options (the
"Options") and subsequently sold 37,559 Ordinary Shares on 1 March
2021.
The Options exercised and Ordinary Shares sold by the Directors
are set out in the tables below, together with the total number of
Ordinary Shares each Director is interested in and holds under
option.
Name of Director Role Number of Weighted exercise Total Number
Options exercised price of Options of options
exercised held following
the exercise
CFO & Company
Alex Bevis Secretary 9,279 517p 167,976
--------------- ------------------- ----------------- ----------------
Chief Creative
Jonathan Watts Officer 23,648 203p 145,322
--------------- ------------------- ----------------- ----------------
Non-Executive
David Walsh Director 4,632 1,036p 19,016
--------------- ------------------- ----------------- ----------------
Resultant Holding
------------------ ------------- ---------------
Name of Director Total number Weighted price Number of Ordinary Percentage of
of Ordinary of Ordinary Shares held following issued share
Shares sold Shares sold the sales capital
------------- --------------- ---------------------- -------------
Alex Bevis 9,279 2,424p 17,000 0.04%
------------- --------------- ---------------------- -------------
Jonathan Watts 23,648 2,419p 20,000 0.05%
------------- --------------- ---------------------- -------------
David Walsh 4,632 2,432p nil nil
------------- --------------- ---------------------- -------------
Total Voting Rights
In accordance with the FCA's Disclosure and Transparency Rule
5.6.1, the Company confirms that, following the exercise of
Options, its issued share capital consists of 39,332,440 Ordinary
Shares.
The Company does not currently hold any Ordinary Shares in
treasury. Therefore, the total number of voting rights in the
Company is 39,332,440.
The above figure may be used by shareholders as the denominator
for the calculation by which they will determine if they are
required to notify their interest in, or a change to their interest
in, the Company under the FCA's Disclosure and Transparency
Rules.
Enquiries :
Frontier Developments +44 (0)1223 394 300
David Braben, 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 / Deborah Roney / David Allchurch
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: Alex Bevis
---------------------------------------------------------------------
2. Reason for the notification
---------------------------------------------------------------------
a) Position/status: CFO and Company Secretary
---------------------------------------------------------------------
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:
a) Exercise of Options
b) Disposal of Ordinary Shares
---------------------------------------------------------------------
c) Price(s) and volume(s):
a) Exercise Volume(s)
Price(s)
406p 7,389
----------
952p 1,890
----------
b) Sale Price(s) Volume(s)
2,455p 1,890
-------------- ----------
2,416p 7,389
----------
---------------------------------------------------------------------
d) Aggregated information:
a) Weighted Volume
Exercise
Price
517p 9,279
---------- -------
b) Weighted Volume
Sale Price
2,424p 9,279
------------ -------
---------------------------------------------------------------------
e) Date of the transaction(s): 1 March 2021
---------------------------------------------------------------------
f) Place of the transaction:
a) Outside a trading venue
b) 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 Creative 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:
a) Exercise of Options
b) Disposal of Ordinary Shares
---------------------------------------------------------------------
c) Price(s) and volume(s):
a) Exercise Volume(s)
Price(s)
1,094p 2,742
----------
0.5p 19,016
----------
952p 1,890
----------
b) Sale Price(s) Volume(s)
2,455p 1,890
-------------- ----------
2,416p 21,758
----------
---------------------------------------------------------------------
d) Aggregated information:
a) Weighted Volume
Exercise
Price
203p 23,648
---------- -------
b) Weighted Volume
Sale Price
2,419p 23,648
------------ -------
---------------------------------------------------------------------
e) Date of the transaction(s): 1 March 2021
---------------------------------------------------------------------
f) Place of the transaction:
a) Outside a trading venue
b) London Stock Exchange
---------------------------------------------------------------------
1. Details of the person discharging managerial responsibilities/person
closely associated
a) Name: David Walsh
---------------------------------------------------------------------
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:
a) Exercise of Options
b) Disposal of Ordinary Shares
---------------------------------------------------------------------
c) Price(s) and volume(s):
a) Exercise Volume(s)
Price(s)
1,094p 2,742
----------
952p 1,890
----------
b) Sale Price(s) Volume(s)
2,455p 1,890
-------------- ----------
2,416p 2,742
----------
---------------------------------------------------------------------
d) Aggregated information:
a) Weighted Volume
Exercise
Price
1,036p 4,632
---------- -------
b) Weighted Volume
Sale Price
2,432p 4,632
------------ -------
---------------------------------------------------------------------
e) Date of the transaction(s): 1 March 2021
---------------------------------------------------------------------
f) Place of the transaction:
a) Outside a trading venue
b) London Stock Exchange
---------------------------------------------------------------------
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END
DSHDKNBQKBKDDNK
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March 03, 2021 05:44 ET (10:44 GMT)
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