REG - Frontier Developmnts - Director/PDMR Shareholding and Total Voting Rights

Frontier DevelopmentsAnnouncement

30/03/2022 10:30

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RNS Number : 5859G  Frontier Developments PLC  30 March 2022

Frontier Developments plc

Exercise of Options, Director/PDMR Shareholding and Total Voting Rights

Frontier Developments plc (AIM: FDEV, "Frontier", the "Company") announces
that on 29 March 2022, David Walsh, Non-Executive Director, exercised options
over 16,453 ordinary shares of 0.5 pence each in the Company ("Ordinary
Shares") under the Company's Long Term Incentive Plan ("LTIP") at an exercise
price equal to the nominal value per Ordinary Share. Subsequently on 29 March
2022, Mr Walsh sold 16,453 Ordinary Shares at a price of 1,264 pence per
Ordinary Share. Mr Walsh held no Ordinary shares before these transactions,
and that position remains unchanged following these transactions.

Following these transactions, Mr Walsh has no remaining options over Ordinary
Shares.

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 39,416,484 Ordinary Shares.

The Company does not currently hold any Ordinary Shares in treasury.
Therefore, the total number of voting rights in the Company is 39,416,484.

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 / Jordan McCulla / Olivia Lucas

 

 

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 (http://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 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)

Price(s)  Volume(s)
                                             0.5p      16,453

b)

Price(s)  Volume(s)
                                             1,264p    16,453
 d)                                          Aggregated information:

                                             a)    n/a - Single transaction

                                             b)    n/a - Single transaction
 e)                                          Date of the transaction(s):

                                             a)    29 March 2022

                                             b)    29 March 2022
 f)                                          Place of the transaction:

                                             a)    Outside a trading venue

                                             b)    London Stock Exchange

b)

 Price(s)  Volume(s)
 1,264p    16,453

d)

Aggregated information:

a)    n/a - Single transaction

b)    n/a - Single transaction

e)

Date of the transaction(s):

a)    29 March 2022

b)    29 March 2022

f)

Place of the transaction:

a)    Outside a trading venue

b)    London Stock Exchange

 

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