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Frontier Dev PLC - EBT Dealings

RNS Number : 9298D
Frontier Developments PLC
29 October 2015
 

29 October 2015

Frontier Developments plc

(the "Company")

 

EBT Dealings

 

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 the EBT had purchased 25,000 Ordinary Shares at 242.5 pence per Ordinary Share on 29 October 2015.

 

Following this transactions, the EBT is interested in 291,957 Ordinary Shares, representing 0.9 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

 

 

 

 

Numis - Nomad and Joint Broker

+44 (0)20 7260 1000

Simon Willis / Jamie Lillywhite / Rupert Krefting


 

 

 

Finncap

 

+44 (0) 207 220 0500

Matt Goode/Giles Rolls

 

 

 

 

Tulchan Communications

+44 (0) 207 353 4200

James Macey White/Matt Low

 

 

 

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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Quick facts: Frontier Developments

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Market: AIM
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