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FDEV Frontier Developments Plc

141.00
4.80 (3.52%)
28 Mar 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
  4.80 3.52% 141.00 141.40 143.60 144.20 132.20 132.20 173,813 16:35:27
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Manufacturing Industries,nec 104.58M -20.91M -0.5303 -2.67 55.74M

Frontier Developments PLC EBT Share Purchase (9530H)

11/04/2022 9:39am

UK Regulatory


Frontier Developments (LSE:FDEV)
Historical Stock Chart


From Mar 2022 to Mar 2024

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TIDMFDEV

RNS Number : 9530H

Frontier Developments PLC

11 April 2022

Frontier Developments plc

(the "Company")

EBT Share Purchase

The Company was notified on 8(th) April 2022, by Ocorian Limited, the trustee of the Frontier Developments plc Employee Benefit Trust (the "EBT"), that the EBT had purchased 82,674 ordinary shares of 0.5p each in the Company ("Ordinary Shares") at an average price of 1,325 pence per Ordinary Share on 8(th) April 2022. These Ordinary Shares are to be held in the EBT and are intended to be used to satisfy the exercise of share options by employees. The EBT is a discretionary trust for the benefit of the Company's employees, including the Directors of the Company. The purchase of Ordinary Shares by the EBT has been funded from the Company's existing cash resources.

Following this transaction, a total of 321,431 Ordinary Shares are held by the EBT, representing approximately 0.82 per cent of the Company's total voting rights.

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 / Jordan McCulla / Olivia Lucas

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

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.

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END

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(END) Dow Jones Newswires

April 11, 2022 04:39 ET (08:39 GMT)

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