REG - Frontier Developmnts - Director/PDMR Shareholding

Frontier DevelopmentsAnnouncement

23/01/2023 16:00

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RNS Number : 5917N  Frontier Developments PLC  23 January 2023

23 January 2023

Frontier Developments plc

Director/PDMR Shareholding

Frontier Developments plc (AIM: FDEV, "Frontier", the "Company") announces the
following Director share purchases.

David Wilton, Frontier's Chairman and PDMR of the Company, purchased 5,000
ordinary shares of 0.5 pence each in the Company ("Ordinary Shares") at a
price of 483.6 pence per Ordinary Share on 20 January 2023. Following this
transaction, David Wilton remains beneficially interested in a total of 12,000
Ordinary Shares, representing 0.03 per cent of the Company's issued share
capital.

Jonny Watts, Chief Executive Officer and PDMR of the Company, purchased a
total of 10,000 Ordinary Shares at an average price of 496.3 pence per
Ordinary Share on 20 January 2023. Following these transactions, Jonny Watts
remains beneficially interested in a total of 30,000 Ordinary Shares,
representing 0.08 per cent of the Company's issued share capital.

Alex Bevis, Chief Financial Officer and PDMR of the Company, purchased a total
of 10,000 Ordinary Shares at an average price of 495.5 pence per Ordinary
Share on 20 January 2023 and 23 January 2023. Following these transactions,
Alex Bevis remains beneficially interested in a total of 27,000 Ordinary
Shares, representing 0.07 per cent 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

Philip Noblet / 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 (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 Wilton
 2.                                          Reason for the notification
 a)                                          Position/status: Chairman
 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:

                                             Purchase of Ordinary Shares
 c)                                          Price(s) and volume(s):

Price(s)  Volume(s)
                                             483.64p   5,000

 d)                                          Aggregated information:

                                             N/A - Single transaction
 e)                                          Date of the transaction(s):

                                             20 January 2023
 f)                                          Place of the transaction:

                                             London Stock Exchange

d)

Aggregated information:

N/A - Single transaction

e)

Date of the transaction(s):

20 January 2023

f)

Place of the transaction:

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 Executive 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:

                                             Purchase of Ordinary Shares
 c)                                          Price(s) and volume(s):

Price(s)  Volume(s)
                                             497.90p   5,000

                                           494.67p   5,000

 d)                                          Aggregated information:

Price(s)  Volume(s)
                                             496.28p   10,000
 e)                                          Date of the transaction(s):

                                             20 January 2023
 f)                                          Place of the transaction:

                                             London Stock Exchange

d)

Aggregated information:

 Price(s)  Volume(s)
 496.28p   10,000

e)

Date of the transaction(s):

20 January 2023

f)

Place of the transaction:

London Stock Exchange

 

 

 1.                                          Details of the person discharging managerial responsibilities/person closely
                                             associated
 a)                                          Name: Alexander Bevis
 2.                                          Reason for the notification
 a)                                          Position/status: Chief Financial 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:

                                             Purchase of Ordinary Shares
 c)                                          Price(s) and volume(s):

Price(s)  Volume(s)
                                             483.22p   4,320

                                           504.79p   5,680

 d)                                          Aggregated information:

Price(s)  Volume(s)
                                             495.47p   10,000
 e)                                          Date of the transaction(s):

                                             20 January 2023 and 23 January 2023
 f)                                          Place of the transaction:

                                             London Stock Exchange

d)

Aggregated information:

 Price(s)  Volume(s)
 495.47p   10,000

e)

Date of the transaction(s):

20 January 2023 and 23 January 2023

f)

Place of the transaction:

London Stock Exchange

 

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