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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 offloads shares

(Sharecast News) - Frontier Developments revealed on Monday that president and founder David Braben had sold 28,400 ordinary shares in the London-listed video games developer. Braben, who founded Frontier in 1994, disposed of the shares on Friday at an average price of 361.00p each, for a total value of £102,524.

As of 1540 BST, Frontier Developments shares were flat at 360.00p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Land Securities Group (LAND) Director name: Campbell , Michael Amount purchased: 1,175 @ $8.05 Value: $7,803.14

Top Director Sells

Chesnara (CSN) Director name: Howard,Tom Amount sold: 89,042 @ 260.59p Value: £232,035.25

Chesnara (CSN) Director name: Murray,Steve Amount sold: 41,046 @ 259.05p Value: £106,330.89

Frontier Developments (FDEV) Director name: Braben ,David John Amount sold: 28,400 @ 361.00p Value: £102,524.00

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