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Frontier Development PLC — Transaction in Own Shares 2015
May 18, 2015
7652_rns_2015-05-18_c7d60b3d-cf05-42d4-a3db-b76bd8291907.html
Transaction in Own Shares
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RNS Number : 5644N
Frontier Developments PLC
18 May 2015
18 May 2015
Frontier Developments plc
(the "Company")
EBT Dealing
Frontier Developments plc (AIM: FDEV, "Frontier", the "Group"), a leading developer of video games, announces the following dealing:
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 they purchased 10,000 Ordinary Shares at 224 pence per Ordinary Share on 18 May 2015.
Following the transaction, the EBT is interested in 14,445 Ordinary Shares, representing 0.01 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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