TIDMFDEV

RNS Number : 9547G

Frontier Developments PLC

18 November 2022

18 November 2022

Frontier Developments plc

Director/PDMR Shareholding

Frontier Developments plc (AIM: FDEV, "Frontier", the "Company") announces that on 18 November 2022 the Company was notified of two Director share sales.

Charles Cotton, a Non-Executive Director and PDMR of the Company, sold 10,000 ordinary shares of 0.5 pence each in the Company ("Ordinary Shares") at a price of 1,407 pence per Ordinary Share on 14 November 2022. Following this transaction, Charles Cotton, including direct family holdings, remains beneficially interested in a total of 165,634 Ordinary Shares, representing 0.42 per cent of the Company's issued share capital.

James Dixon, Chief Operating Officer and PDMR of the Company, sold 20,000 Ordinary Shares at a price of 1,406.5 pence per Ordinary Share on 11 November 2022. Following this transaction, James Dixon, including direct family holdings, remains beneficially interested in a total of 31,180 Ordinary Shares, representing 0.08 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 

Max Jones / 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

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: Charles Cotton 
     --------------------------------------------------------------------- 
 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: 
       Disposal of Ordinary Shares 
     --------------------------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)   Volume(s) 
        1,407p     10,000 
                  ---------- 
     --------------------------------------------------------------------- 
 d)   Aggregated information: 
       N/A - Single transaction 
     --------------------------------------------------------------------- 
 e)   Date of the transaction(s): 
       14 November 2022 
     --------------------------------------------------------------------- 
 f)   Place of the transaction: 
       London Stock Exchange 
     --------------------------------------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name: James Dixon 
     --------------------------------------------------------------------- 
 2.   Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status: Chief Operating 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: 
       Disposal of Ordinary Shares 
     --------------------------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)   Volume(s) 
        1,406.5p   20,000 
                  ---------- 
     --------------------------------------------------------------------- 
 d)   Aggregated information: 
       N/A - Single transaction 
     --------------------------------------------------------------------- 
 e)   Date of the transaction(s): 
       11 November 2022 
     --------------------------------------------------------------------- 
 f)   Place of the transaction: 
       London Stock Exchange 
     --------------------------------------------------------------------- 
 

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END

DSHBSBDBUGBDGDI

(END) Dow Jones Newswires

November 18, 2022 09:08 ET (14:08 GMT)

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