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Frontier Development PLC Transaction in Own Shares 2015

Mar 17, 2015

7652_rns_2015-03-17_aa9a2145-2780-4a72-8ded-e560977fb912.html

Transaction in Own Shares

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National Storage Mechanism | Additional information

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RNS Number : 6954H

Frontier Developments PLC

17 March 2015

17 March 2015

Frontier Developments plc

(the "Company")

Employee Benefit Trust Purchase

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 on 13 March 2015 the EBT purchased 50,302 ordinary shares of 0.5p each in the Company ("Ordinary Shares") at 248 pence per Ordinary Share. Following this transaction, the EBT is interested in 110,267 Ordinary Shares, representing 0.3 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 Development +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 Ltd +44 (0) 207 220 0500
Charlotte Stranner

This information is provided by RNS

The company news service from the London Stock Exchange

END

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