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 
     --------------------------------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHDKNBQKBKDDNK

(END) Dow Jones Newswires

March 03, 2021 05:44 ET (10:44 GMT)

Frontier Developments (LSE:FDEV)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024 Haga Click aquí para más Gráficas Frontier Developments.
Frontier Developments (LSE:FDEV)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024 Haga Click aquí para más Gráficas Frontier Developments.