Frontier Developments PLC Director Dealings (3161X)

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RNS Number : 3161X

Frontier Developments PLC

19 December 2023

19 December 2023

Frontier Developments plc

Director Dealings

Frontier Developments plc (AIM: FDEV, 'Frontier', the 'Company') announces that on 18 December 2023 it was notified of the following Director share purchases.

Joy Hu, wife of James Mitchell, a Non--Executive Director and PDMR of the Company, purchased a total of 38,000 ordinary shares of 0.5 pence each in the Company ('Ordinary Shares') at an average price of 119.37 pence per Ordinary Share on 15 December 2023. Following this transaction, James Mitchell and Joy Hu are beneficially interested in a total of 385,044 Ordinary Shares, representing 0.98 per cent of the Company's issued share capital.

Enquiries :

   Frontier Developments   [phone] 

Jonny Watts, CEO

Alex Bevis, CFO

   Peel Hunt - Nomad and Joint Corporate Broker   [phone] 

Neil Patel / Paul Gillam / Kate Bannatyne

   Liberum - Joint Corporate Broker   [phone] 

Max Jones / Nikhil Varghese

   Teneo   [phone] 

Matt Low / 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.

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: Joy Hu 
     --------------------------------------------------------------------- 
 2.   Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status: PCA of 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: 
       Purchase of Ordinary Shares 
     --------------------------------------------------------------------- 
 c)   Price(s) and volume(s): Price(s)   Volume(s) 
        115.00p    2,000 
                  ---------- 
        114.60p    5,000 
                  ---------- 
        115.00p    3,256 
                  ---------- 
        117.00p    2,000 
                  ---------- 
        117.00p    1,143 
                  ---------- 
        117.20p    857 
                  ---------- 
        118.92p    6,744 
                  ---------- 
        119.00p    2,000 
                  ---------- 
        122.00p    2,000 
                  ---------- 
        122.90p    3,000 
                  ---------- 
        123.76p    10,000 
                  ---------- 
     --------------------------------------------------------------------- 
 d)   Aggregated information: Price(s)   Volume(s) 
        119.37p    38,000 
                  ---------- 
     --------------------------------------------------------------------- 
 e)   Date of the transaction(s): 
       15 December 2023 
     --------------------------------------------------------------------- 
 f)   Place of the transaction: 
       London Stock Exchange 
     --------------------------------------------------------------------- 
 

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December 19, 2023 06:03 ET (11:03 GMT)