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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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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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