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Employee Benefit Trust Purchase

19th Dec 2014 12:46

RNS Number : 3205A
Frontier Developments PLC
19 December 2014
 

 

 

19 December 2014

 Frontier Developments plc

(the “Company”)

 Employee Benefit Trust Purchase

 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 purchased 49,899 ordinary shares of 0.5p each in the Company ("Ordinary Shares") at 250 pence per Ordinary Share. Following this transaction, the EBT is interested in 151,431 Ordinary Shares, representing 0.5 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 Development

+44 (0)1223 394 300

David Braben, CEO

 

David Walsh, COO

Neil Armstrong, CFO

 

 

 

Canaccord Genuity

+44 (0) 207 523 8000

Simon Bridges/Cameron Duncan

 

 

 

FinnCap Ltd

+44 (0) 207 220 0500

Charlotte Stranner

 

  
  
  
  
  
  
  
  
  
This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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