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FDEV Frontier Developments Plc

299.00
-1.00 (-0.33%)
09 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Frontier Developments Plc LSE:FDEV London Ordinary Share GB00BBT32N39 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -0.33% 299.00 300.00 303.00 313.00 295.00 302.00 544,641 16:35:09
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Manufacturing Industries,nec 104.58M -20.91M -0.5303 -5.66 118.27M

Frontier Developments PLC Option Grants / PDMR Dealings (4253W)

14/11/2017 8:59am

UK Regulatory


Frontier Developments (LSE:FDEV)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Frontier Developments Charts.

TIDMFDEV

RNS Number : 4253W

Frontier Developments PLC

14 November 2017

14 November 2017

Frontier Developments plc

Option Grants / PDMR Dealings

On 10 November 2017 Frontier Developments plc (the "Company") approved a new Long Term Incentive Plan ("LTIP"). The purpose of the LTIP is to help to recruit, retain and motivate key staff, including Executive Directors, who will be important in driving the Company's long term success. For the Executive Directors the performance conditions are based on total shareholder return over a 3 year period. Further details will be disclosed in the annual report for the year ending 31 May 2018.

Following approval of the new LTIP, awards under the plan were made on 10 November 2017. Awards were also made under the existing Frontier Developments plc Company Share Option Plan ("CSOP").

The exercise price of the options under the LTIP is the nominal value of the Company's ordinary shares of 0.5 pence each ("Ordinary Shares"). The exercise price of the options under the CSOP is 1094 pence, which is equal to the closing middle market share price on Thursday 9 November 2017.

The options awarded to the Executive Directors are set out in the table below, together with the

number of Ordinary Shares held under option by each of the Executive Directors.

 
 Name of       Position                 Number of      Number of   Total Number 
  Director                           LTIP options   CSOP options     of Options 
                                          granted     granted on           held 
                                   on 10 November    10 November 
                                             2017           2017 
------------  -----------------  ----------------  -------------  ------------- 
 David         Chief Executive 
  Braben        Officer                    19,930              -        329,029 
------------  -----------------  ----------------  -------------  ------------- 
 David         Chief Operating 
  Walsh         Officer                    19,016          2,742         31,037 
------------  -----------------  ----------------  -------------  ------------- 
 Jonathan      Chief Creative 
  Watts         officer                    19,016          2,742         91,037 
------------  -----------------  ----------------  -------------  ------------- 
               Chief Financial 
                Officer 
                and Company 
 Alex Bevis     Secretary                  19,930              -        329,029 
------------  -----------------  ----------------  -------------  ------------- 
 

Enquiries:

Frontier Developments +44 (0)1223 394 300

David Braben, CEO

David Walsh, COO

Alex Bevis, CFO

Liberum - Nomad and Joint Broker +44 (0)20 3100 2000

Neil Patel / Cameron Duncan

finnCap - Joint Broker +44 (0) 207 220 0500

Matt Goode / Giles Rolls

Alice Lane

Tulchan Communications +44 (0) 207 353 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 creator of self-published videogame franchises 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, currently focusing on videogame consoles and personal computers.

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: Grant of 19,930 
       options over ordinary shares of 0.5 pence each 
       with an exercise price of 0.5 pence per share. 
       The Options are due to vest after 3 years (based 
       on TSR performance conditions) and must be 
       exercised within 10 years from the date of 
       award. 
---  ----------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)   Volume(s) 
       ---------  ---------- 
        0.5p       19,930 
       ---------  ---------- 
---  ----------------------------------------------------- 
 d)     Aggregated information: 
          *    Aggregated volume: 19,930 
 
 
          *    Price: 0.5p 
---  ----------------------------------------------------- 
 e)   Date of the transaction: 2017-11-10 
---  ----------------------------------------------------- 
 f)   Place of the transaction: Outside a trading 
       venue 
---  ----------------------------------------------------- 
 

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 Braben 
---  ----------------------------------------------------- 
 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: Grant of 19,930 
       options over ordinary shares of 0.5 pence each 
       with an exercise price of 0.5 pence per share. 
       The Options are due to vest after 3 years (based 
       on TSR performance conditions) and must be 
       exercised within 10 years from the date of 
       award. 
---  ----------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)   Volume(s) 
       ---------  ---------- 
        0.5p       19,930 
       ---------  ---------- 
---  ----------------------------------------------------- 
 d)     Aggregated information: 
          *    Aggregated volume: 19,930 
 
 
          *    Price: 0.5p 
---  ----------------------------------------------------- 
 e)   Date of the transaction: 2017-11-10 
---  ----------------------------------------------------- 
 f)   Place of the transaction: Outside a trading 
       venue 
---  ----------------------------------------------------- 
 

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: 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: Grant of 19,016 
       options over ordinary shares of 0.5 pence each 
       with an exercise price of 0.5 pence per share. 
       The Options are due to vest after 3 years (based 
       on TSR performance conditions) and must be 
       exercised within 10 years from the date of 
       award. 
---  ----------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)   Volume(s) 
       ---------  ---------- 
        0.5p       19,016 
       ---------  ---------- 
---  ----------------------------------------------------- 
 d)     Aggregated information: 
          *    Aggregated volume: 19,016 
 
 
          *    Price: 0.5p 
---  ----------------------------------------------------- 
 e)   Date of the transaction: 2017-11-10 
---  ----------------------------------------------------- 
 f)   Place of the transaction: Outside a trading 
       venue 
---  ----------------------------------------------------- 
 

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: 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: Grant of 2,742 options 
       over ordinary shares of 0.5 pence each with 
       an exercise price of 1094 pence per share. 
       The Options are due to vest after 3 years and 
       must be exercised within 10 years from the 
       date of award. 
---  ----------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)   Volume(s) 
       ---------  ---------- 
        1094p      2,742 
       ---------  ---------- 
---  ----------------------------------------------------- 
 d)     Aggregated information: 
          *    Aggregated volume: 2,742 
 
 
          *    Price: 1094p 
---  ----------------------------------------------------- 
 e)   Date of the transaction: 2017-11-10 
---  ----------------------------------------------------- 
 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 
---  ----------------------------------------------------- 
 a)   Name: Jonathan Watts 
---  ----------------------------------------------------- 
 6.   Reason for the notification 
---  ----------------------------------------------------- 
 a)   Position/status: Chief Creative 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: Grant of 19,016 
       options over ordinary shares of 0.5 pence each 
       with an exercise price of 0.5 pence per share. 
       The Options are due to vest after 3 years (based 
       on TSR performance conditions) and must be 
       exercised within 10 years from the date of 
       award. 
---  ----------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)   Volume(s) 
       ---------  ---------- 
        0.5p       19,016 
       ---------  ---------- 
---  ----------------------------------------------------- 
 d)     Aggregated information: 
          *    Aggregated volume: 19,016 
 
 
          *    Price: 0.5p 
---  ----------------------------------------------------- 
 e)   Date of the transaction: 2017-11-10 
---  ----------------------------------------------------- 
 f)   Place of the transaction: Outside a trading 
       venue 
---  ----------------------------------------------------- 
 

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: 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: Grant of 2,742 options 
       over ordinary shares of 0.5 pence each with 
       an exercise price of 1094 pence per share. 
       The Options are due to vest after 3 years and 
       must be exercised within 10 years from the 
       date of award. 
---  ----------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)   Volume(s) 
       ---------  ---------- 
        1094p      2,742 
       ---------  ---------- 
---  ----------------------------------------------------- 
 d)     Aggregated information: 
          *    Aggregated volume: 2,742 
 
 
          *    Price: 1094p 
---  ----------------------------------------------------- 
 e)   Date of the transaction: 2017-11-10 
---  ----------------------------------------------------- 
 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

DSHVZLBFDFFEFBE

(END) Dow Jones Newswires

November 14, 2017 03:59 ET (08:59 GMT)

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