Frontier Developments PLC Director Dealings (0782S)
September 28 2017 - 2:56AM
UK Regulatory
TIDMFDEV
RNS Number : 0782S
Frontier Developments PLC
28 September 2017
28 September 2017
Frontier Developments plc
(the "Company")
Director and PCA Dealings
Further to the Company's announcements on 20 and 21 September
2017, the Company was notified on 27 September 2017 that
Professional Practice Automation LLP ("PPA"), a limited liability
partnership in which David Braben, Chief Executive Officer, was a
member and through which he was interested in 2,001,573 ordinary
shares of 0.5p each in the Company ("Ordinary Shares"), transferred
1,990,573 Ordinary Shares to Mr. Braben's spouse, Mrs.
Irvin-Braben, on 27 September 2017 for nil consideration (the
"Transfer"). In connection with the Transfer, Mr. Braben resigned
as a member of PPA and is no longer interested in the remaining
11,000 Ordinary Shares held by PPA.
Therefore, following the Transfer and Mr Braben's resignation as
a member of PPA, Mr. Braben, together with his spouse, remains
interested in a total of 14,149,953 Ordinary Shares, representing
37.0% of the Company's issued share capital.
Enquiries:
+44 (0)1223 394
Frontier Developments 300
David Braben, CEO
David Walsh, COO
Alex Bevis, CFO
Liberum - Nomad and Joint +44 (0)203 100
Broker 2000
Neil Patel / Cameron Duncan
+44 (0) 207 220
Finncap 0500
Matt Goode/Giles Rolls
+44 (0) 207 353
Tulchan Communications 4200
James Macey White/Matt Low
About Frontier Developments plc
Frontier Developments plc, listed on the AIM stock market (AIM:
FDEV), is a leading independent game developer founded in 1994 by
David Braben, co-author of the seminal 'Elite' game. Based in
Cambridge, Frontier uses its proprietary 'COBRA' game development
technology to create innovative games across videogame consoles,
computers, smartphones and tablets.
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
("PCA")
--- --------------------------------------------------
a) Name: Professional Practice Automation LLP
--- --------------------------------------------------
2. Reason for the notification
--- --------------------------------------------------
a) Position/status: PCA of David Braben, Director
(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: Transfer for
nil consideration to David Braben's spouse,
Wendy Irvin-Braben
--- --------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
---------- ----------
Nil 1,990,573
---------- ----------
--- --------------------------------------------------
d) Aggregated information:
Not applicable - single transaction
--- --------------------------------------------------
e) Date of the transactions: 27-Sep-17
--- --------------------------------------------------
f) Place of the transaction: Outside a trading
venue
--- --------------------------------------------------
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND
THEIR CLOSELY ASSOCIATED PERSONS
5. Details of the person discharging managerial
responsibilities/person closely associated
("PCA")
--- --------------------------------------------------
a) Name: Wendy Irvin-Braben
--- --------------------------------------------------
6. Reason for the notification
--- --------------------------------------------------
a) Position/status: PCA of David Braben, Director
(Chief Executive Officer)
--- --------------------------------------------------
b) Initial notification/Amendment: Initial
Notification
--- --------------------------------------------------
7. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- --------------------------------------------------
a) Name: Frontier Developments plc
--- --------------------------------------------------
b) LEI: 213800B9LGPWUAZ9GX18
--- --------------------------------------------------
8. 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: Receipt of transfer
for nil consideration
--- --------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
---------- ----------
Nil 1,990,573
---------- ----------
--- --------------------------------------------------
d) Aggregated information:
Not applicable - single transaction
--- --------------------------------------------------
e) Date of the transactions: 27-Sep-17
--- --------------------------------------------------
f) Place of the transaction: Outside a trading
venue
--- --------------------------------------------------
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND
THEIR CLOSELY ASSOCIATED PERSONS
9. Details of the person discharging managerial
responsibilities/person closely associated
("PCA")
---- --------------------------------------------------
a) Name: David Braben
---- --------------------------------------------------
10. Reason for the notification
---- --------------------------------------------------
a) Position/status: Director, Chief Executive
Officer
---- --------------------------------------------------
b) Initial notification/Amendment: Initial
Notification
---- --------------------------------------------------
11. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- --------------------------------------------------
a) Name: Frontier Developments plc
---- --------------------------------------------------
b) LEI: 213800B9LGPWUAZ9GX18
---- --------------------------------------------------
12. 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: Resignation as
member of PPA (no longer interested in 11,000
Ordinary Shares as a result)
---- --------------------------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
---------- ----------
Nil 11,000
---------- ----------
---- --------------------------------------------------
d) Aggregated information:
Not applicable - single transaction
---- --------------------------------------------------
e) Date of the transactions: 27-Sep-17
---- --------------------------------------------------
f) Place of the transaction: Outside a trading
venue
---- --------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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