Exercise of Options, Director/PDMR Shareholding

Summary by AI BETAClose X

Frontier Developments plc announced that Chief Financial Officer Alex Bevis exercised options on 50,000 ordinary shares at 250 pence per share and subsequently sold these shares for 515.51 pence each. These transactions were fulfilled using existing shares from the Employee Benefit Trust, avoiding new share issuance and shareholder dilution. Following these trades, Mr. Bevis holds 259,822 ordinary shares under option and maintains his beneficial shareholding of 50,000 ordinary shares, representing approximately 0.14% of the company's issued share capital, which remains unchanged at 35,530,681 ordinary shares.

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