The Company was notified today that David Braben, the Chief Executive Officer of the Company, disposed of 750,000 ordinary shares of 0.5p each in the Company ("Ordinary Shares") at 240.0 pence per share to meet institutional demand. Following this transaction, Mr Braben is interested in 17,160,953 Ordinary Shares, representing 50.3 per cent of the Company's total issued share capital.
Enquiries:
Frontier Developments
+44 (0)1223 394 300
David Braben, CEO
David Walsh, COO
Neil Armstrong, CFO
Numis - Nomad and Joint Broker
+44 (0)20 7260 1000
Simon Willis / Jamie Lillywhite (Nomad) /Rupert Krefting
Finncap
+44 (0) 207 220 0500
Matt Goode/Giles Rolls
Tulchan Communications
+44 (0) 207 353 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.
Create your account: sign up and get ahead on news and events
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
