Director Dealings

Frontier Developments PLC

14 December 2023

 

14 December 2023

Frontier Developments plc

Director Dealings

Frontier Developments plc (AIM: FDEV, 'Frontier', the 'Company') announces that on 14 December 2023 it was notified of the following Director share purchases.

Leslie-Ann Reed, Non-Executive Director and PDMR of the Company, purchased 20,032 ordinary shares of 0.5 pence each in the Company ('Ordinary Shares') at a price of 99.8 pence per Ordinary Share on 12 December 2023. Following this transaction, Leslie-Ann Reed is beneficially interested in a total of 20,032 Ordinary Shares, representing 0.05 per cent of the Company's issued share capital.

Jonny Watts, Chief Executive Officer and PDMR of the Company, purchased 18,984 Ordinary Shares at a price of 110.6 pence per Ordinary Share on 13 December 2023. Following this transaction, Jonny Watts is beneficially interested in a total of 48,984 Ordinary Shares, representing 0.12 per cent of the Company's issued share capital.

Alex Bevis, Chief Financial Officer and PDMR of the Company, purchased a total of 23,000 Ordinary Shares at an average price of 108.9 pence per Ordinary Share on 13 December 2023. Following these transactions, Alex Bevis is beneficially interested in a total of 50,000 Ordinary Shares, representing 0.13 per cent of the Company's issued share capital.

Joy Hu, wife of James Mitchell, a Non‐Executive Director and PDMR of the Company, purchased a total of 82,000 Ordinary Shares at an average price of 114.73 pence per Ordinary Share on 13 December 2023. Following this transaction, James Mitchell and Joy Hu are beneficially interested in a total of 202,044 Ordinary Shares, representing 0.51 per cent of the Company's issued share capital.

Enquiries:

Frontier Developments  [phone]

Jonny Watts, CEO

Alex Bevis, CFO 

Peel Hunt - Nomad and Joint Corporate Broker  [phone]

Neil Patel / Paul Gillam / Kate Bannatyne

Liberum - Joint Corporate Broker  [phone]

Max Jones / Nikhil Varghese

Teneo  [phone]

Matt Low / Alex Dart

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.

Frontier's LEI number: 213800B9LGPWUAZ9GX18.

www.frontier.co.uk

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: Leslie-Ann Reed
2.	Reason for the notification
a)	Position/status: Non-Executive Director
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: 213800B9LGPWUAZ9GX18
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 0.5p each Identification code: GB00BBT32N39
b)	Nature of the transaction: Purchase of Ordinary Shares
c)	Price(s) and volume(s): Price(s) Volume(s) 99.84p 20,032
d)	Aggregated information: N/A - Single transaction
e)	Date of the transaction(s):  12 December 2023
f)	Place of the transaction: London Stock Exchange

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Jonathan Watts
2.	Reason for the notification
a)	Position/status: Chief Executive Officer
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: 213800B9LGPWUAZ9GX18
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 0.5p each Identification code: GB00BBT32N39
b)	Nature of the transaction: Purchase of Ordinary Shares
c)	Price(s) and volume(s): Price(s) Volume(s) 110.61p 18,984
d)	Aggregated information: N/A - Single transaction
e)	Date of the transaction(s):  13 December 2023
f)	Place of the transaction: London Stock Exchange

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Alexander Bevis
2.	Reason for the notification
a)	Position/status: Chief Financial Officer
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: 213800B9LGPWUAZ9GX18
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 0.5p each Identification code: GB00BBT32N39
b)	Nature of the transaction: Purchase of Ordinary Shares
c)	Price(s) and volume(s): Price(s) Volume(s) 108.84p 13,000 109.03p 10,000
d)	Aggregated information: Price(s) Volume(s) 108.92p 23,000
e)	Date of the transaction(s):  13 December 2023
f)	Place of the transaction: London Stock Exchange

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name: Joy Hu
2.	Reason for the notification
a)	Position/status: PCA of Non-Executive Director
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: 213800B9LGPWUAZ9GX18
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 0.5p each Identification code: GB00BBT32N39
b)	Nature of the transaction: Purchase of Ordinary Shares
c)	Price(s) and volume(s): Price(s) Volume(s) 112.00 p 1,000 112.00 p 1,000 112.00 p 2,000 112.00 p 5,000 112.00 p 5,000 112.00 p 2,000 112.00 p 4,000 115.80 p 2,000 115.98 p 6,000 116.00 p 5,000 115.99 p 5,000 115.60 p 2,000 116.00 p 5,000 116.00 p 5,000 116.00 p 10,000 115.12 p 12,000 115.00 p 8,000 114.00 p 2,000
d)	Aggregated information: Price(s) Volume(s) 114.73 p 82,000
e)	Date of the transaction(s):  13 December 2023
f)	Place of the transaction: London Stock Exchange

 

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