Frontier Developments PLC Director Dealings (0782S)

TIDMFDEV

RNS Number : 0782S

Frontier Developments PLC

28 September 2017

28 September 2017

Frontier Developments plc

(the "Company")

Director and PCA Dealings

Further to the Company's announcements on 20 and 21 September 2017, the Company was notified on 27 September 2017 that Professional Practice Automation LLP ("PPA"), a limited liability partnership in which David Braben, Chief Executive Officer, was a member and through which he was interested in 2,001,573 ordinary shares of 0.5p each in the Company ("Ordinary Shares"), transferred 1,990,573 Ordinary Shares to Mr. Braben's spouse, Mrs. Irvin-Braben, on 27 September 2017 for nil consideration (the "Transfer"). In connection with the Transfer, Mr. Braben resigned as a member of PPA and is no longer interested in the remaining 11,000 Ordinary Shares held by PPA.

Therefore, following the Transfer and Mr Braben's resignation as a member of PPA, Mr. Braben, together with his spouse, remains interested in a total of 14,149,953 Ordinary Shares, representing 37.0% of the Company's issued share capital.

Enquiries:

 
                                [phone] 
 Frontier Developments                      300 
 David Braben, CEO 
  David Walsh, COO 
  Alex Bevis, CFO 
 
 Liberum - Nomad and Joint       [phone] 
  Broker                                   2000 
 Neil Patel / Cameron Duncan 
 
                                [phone] 
 Finncap                                   0500 
 Matt Goode/Giles Rolls 
 
                                [phone] 
 Tulchan Communications                    4200 
 James Macey White/Matt Low 
 

About Frontier Developments plc

Frontier Developments plc, listed on the AIM stock market (AIM: FDEV), is a leading independent game developer founded in 1994 by David Braben, co-author of the seminal 'Elite' game. Based in Cambridge, Frontier uses its proprietary 'COBRA' game development technology to create innovative games across videogame consoles, computers, smartphones and tablets.

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 
       ("PCA") 
---  -------------------------------------------------- 
 a)   Name: Professional Practice Automation LLP 
---  -------------------------------------------------- 
 2.   Reason for the notification 
---  -------------------------------------------------- 
 a)   Position/status: PCA of David Braben, Director 
       (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: Transfer for 
       nil consideration to David Braben's spouse, 
       Wendy Irvin-Braben 
---  -------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)    Volume(s) 
       ----------  ---------- 
        Nil         1,990,573 
       ----------  ---------- 
---  -------------------------------------------------- 
 d)        Aggregated information: 
            Not applicable - single transaction 
---  -------------------------------------------------- 
 e)   Date of the transactions: 27-Sep-17 
---  -------------------------------------------------- 
 f)   Place of the transaction: Outside a trading 
       venue 
---  -------------------------------------------------- 
 

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 
 5.   Details of the person discharging managerial 
       responsibilities/person closely associated 
       ("PCA") 
---  -------------------------------------------------- 
 a)   Name: Wendy Irvin-Braben 
---  -------------------------------------------------- 
 6.   Reason for the notification 
---  -------------------------------------------------- 
 a)   Position/status: PCA of David Braben, Director 
       (Chief Executive Officer) 
---  -------------------------------------------------- 
 b)   Initial notification/Amendment: Initial 
       Notification 
---  -------------------------------------------------- 
 7.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  -------------------------------------------------- 
 a)   Name: Frontier Developments plc 
---  -------------------------------------------------- 
 b)   LEI: 213800B9LGPWUAZ9GX18 
---  -------------------------------------------------- 
 8.   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: Receipt of transfer 
       for nil consideration 
---  -------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)    Volume(s) 
       ----------  ---------- 
        Nil         1,990,573 
       ----------  ---------- 
---  -------------------------------------------------- 
 d)        Aggregated information: 
            Not applicable - single transaction 
---  -------------------------------------------------- 
 e)   Date of the transactions: 27-Sep-17 
---  -------------------------------------------------- 
 f)   Place of the transaction: Outside a trading 
       venue 
---  -------------------------------------------------- 
 

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 
 9.    Details of the person discharging managerial 
        responsibilities/person closely associated 
        ("PCA") 
----  -------------------------------------------------- 
 a)    Name: David Braben 
----  -------------------------------------------------- 
 10.   Reason for the notification 
----  -------------------------------------------------- 
 a)    Position/status: Director, Chief Executive 
        Officer 
----  -------------------------------------------------- 
 b)    Initial notification/Amendment: Initial 
        Notification 
----  -------------------------------------------------- 
 11.   Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  -------------------------------------------------- 
 a)    Name: Frontier Developments plc 
----  -------------------------------------------------- 
 b)    LEI: 213800B9LGPWUAZ9GX18 
----  -------------------------------------------------- 
 12.   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: Resignation as 
        member of PPA (no longer interested in 11,000 
        Ordinary Shares as a result) 
----  -------------------------------------------------- 
 c)    Price(s) and volume(s): Price(s)    Volume(s) 
        ----------  ---------- 
         Nil         11,000 
        ----------  ---------- 
----  -------------------------------------------------- 
 d)         Aggregated information: 
             Not applicable - single transaction 
----  -------------------------------------------------- 
 e)    Date of the transactions: 27-Sep-17 
----  -------------------------------------------------- 
 f)    Place of the transaction: Outside a trading 
        venue 
----  -------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 28, 2017 03:56 ET (07:56 GMT)