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Important information: The value of investments can go down as well as up so you may get back less than you invest. Investors should note that the views expressed may no longer be current and may have already been acted upon. This is a third-party news feed and may not reflect Fidelity’s views.

Director dealings: Frontier Developments founder lowers stake

(Sharecast News) - Frontier Developments revealed on Friday that founder and president David Braben had disposed of 13,000 ordinary shares in the AIM-listed video games developer. Braben, who started Frontier Developments in 1994, sold the shares on Thursday at an average price of 367 each, for a total value of £47,710.

As of 1540 BST, Frontier shares were up 2.88% at 375.50p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Helios Underwriting (HUW) Director name: Hanbury,Nigel Amount purchased: 39,500 @ 205.08p Value: £81,004.98

Supermarket Income Reit (SUPR) Director name: Abraham,Rob Amount purchased: 24,137 @ 82.41p Value: £19,891.30

Supermarket Income Reit (SUPR) Director name: Abraham,Rob Amount purchased: 6,033 @ 82.34p Value: £4,967.60

Top Director Sells

Helios Underwriting (HUW) Director name: Hanbury,Nigel Amount sold: 39,500 @ 205.00p Value: £80,975.00

Frontier Developments (FDEV) Director name: Braben ,David John Amount sold: 13,000 @ 367.00p Value: £47,710.00

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Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.