Frontier Development PLC — Director's Dealing 2016

Sep 9, 2016

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RNS Number : 4742J

Frontier Developments PLC

09 September 2016

9 September 2016

Frontier Developments plc

(the "Company")

Directors' Dealings

The Company was notified on 9 September 2016 that on the same date, Rockspring, a company owned by David Gammon, the Chairman of the Company, and his family purchased 15,700 ordinary shares of 0.5p each in the Company ("Ordinary Shares") at 185.00 pence per share and 14,300 ordinary shares of 0.5p each in the Company ("Ordinary Shares") at 188.00 pence per share. Following these transactions, Mr. Gammon is interested in 341,720 Ordinary Shares, representing 1.0 per cent of the Company's total issued share capital.

Enquiries:

Frontier Developments	+44 (0)1223 394 300
David Braben, CEO David Walsh, COO Neil Armstrong, CFO
Numis - Nomad and Joint Broker	+44 (0)20 7260 1000
Simon Willis/Jamie Lillywhite/Toby Adcock
Finncap	+44 (0) 207 220 0500
Matt Goode/Giles Rolls
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 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                    

Frontier Developments plc

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 Gammon

2.

Reason for the notification

a)

Position/status: Non-Executive Chairman

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: n/a

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 0.05p each.

Identification code: GB00BBT32N39

b)

Nature of the transaction: Purchase

c)

Price(s) and volume(s):

Price(s)	Volume(s)
185p	15,700
188p	14,300

d)

Aggregated information:

• Aggregated volume: 30,000
• Price: 186.4p

e)

Date of the transaction:  2016-09-09

f)

Place of the transaction: XLON

This information is provided by RNS

The company news service from the London Stock Exchange

END

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