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Director dealings: Outgoing Frontier Developments chairman lowers stake
(Sharecast News) - Frontier Developments revealed on Monday that outgoing chairman David Gammon had disposed of 35,000 ordinary shares in the AIM-listed video games developer.
Gammon, who took over as chairman in 2012, sold the shares on Friday at an average price of 1,400.0p each, for a total value of £490,000.
Gammon remains beneficially interested in a total of 245,000 ordinary Frontier shares, representing 0.6% of the company's issued share capital.
As of 1625 GMT, Frontier Developments shares were up 1.14% at 1,414.0p.
Reporting by Iain Gilbert at Sharecast.com
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Chesnara (CSN) Director name: Hesketh,Mark Amount purchased: 6,000 @ 277.39p Value: £16,643.40
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Xp Factory (XPF) Director name: Bird,Graham Amount purchased: 820 @ 18.30p Value: £150.06
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Zotefoams (ZTF) Director name: McGrath ,Gary Amount purchased: 45 @ 333.00p Value: £149.85
Zotefoams (ZTF) Director name: Stirling,David Amount purchased: 45 @ 333.00p Value: £149.85
Mitchells & Butlers (MAB) Director name: Jones,Timothy (Tim) Charles Amount purchased: 93 @ 148.81p Value: £138.39
Mitchells & Butlers (MAB) Director name: Urban,Phil Amount purchased: 92 @ 148.81p Value: £136.91
Top Director Sells
Seeing Machines Ltd. Npv (di) (SEE) Director name: Brown,Michael Amount sold: 207,208,640 @ 5.50p Value: £11,396,475.14
Frontier Developments (FDEV) Director name: Gammon,David Ranken Amount sold: 35,000 @ 1,400.00p Value: £490,000.00
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