Frontier Development PLC — Regulatory Filings 2015

Apr 24, 2015

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RNS Number : 2988L

Frontier Developments PLC

24 April 2015

24 April 2015

Frontier Developments plc

(the "Company")

EBT Dealings

Frontier Developments plc (AIM: FDEV, "Frontier", the "Group"), a leading developer of video games, announces the following dealings:

Employee Benefit Trust Dealings

The Company was notified today by Appleby Trust (Jersey) Limited, the trustee of the Frontier Developments plc Employee Share Ownership Plan Trust (the "EBT"), that the EBT transferred 134,975 ordinary shares of 0.5p each in the Company ("Ordinary Shares") to certain of the Company's employees on 22 April 2015 in order to satisfy the exercise of share options. These options had an average exercise price of 74.6 pence per Ordinary Share. The EBT also purchased 36,545 Ordinary Shares at 219.1 pence per Ordinary Share on 22 April 2015.

Following this transaction, the EBT is interested in 11,837 Ordinary Shares, representing 0.03 per cent of the Company's total issued share capital.

The EBT is a discretionary trust for the benefit of employees of the Company and its subsidiaries, who have been granted share options. The Executive Directors of the Company are included in the class of potential beneficiaries of the EBT and are deemed to be interested in those shares and the dealings thereof.

Enquiries:

Frontier Developments	+44 (0)1223 394 300
David Braben, CEO David Walsh, COO Neil Armstrong, CFO
Canaccord Genuity	+44 (0) 207 523 8000
Simon Bridges/Cameron Duncan
Finncap	+44 (0) 207 220 0506
Matt Goode
Tulchan Communications	+44 (0) 207 353 4200
James Macey White

This information is provided by RNS

The company news service from the London Stock Exchange

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