REG - Frontier Developmnts - Option Grants / PDMR Dealings
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RNS Number : 6197S Frontier Developments PLC 11 February 2026
11 February 2026
Frontier Developments plc
Option Grants / PDMR Dealings
On 10 February 2026, Frontier Developments plc (AIM: FDEV, 'Frontier', the
'Company', or the 'Group'), a leading developer and publisher of video games
based in Cambridge, UK, granted a total of 185,000 options over Ordinary
Shares of 0.5p each in the Company ('Ordinary Shares') under the existing Long
Term Incentive Plan ('LTIP') to three Executive Directors (the 'Options').
The exercise price of the Options under the LTIP is the nominal value of the
Ordinary Shares, being 0.5p each. The Options are due to vest on 10 February
2029, with 50% of the Options vesting subject to the achievement of threshold
targets for revenue, profit and shareholder return over the three-year vesting
period, and the remaining 50% vesting on a straight-line basis against stretch
targets for the three performance measures.
The Options awarded to the Executive Directors are set out in the table below,
together with the total number of Ordinary Shares held under option by each of
the Executive Directors under all share option schemes.
Name of Director Position Number of LTIP options granted on 10 February 2026 Total number of share options held under all schemes following the grants on
10 February 2026
Jo Cooke Chief Executive Officer 100,000 125,000
David Braben President and Founder 53,000 233,960
Alex Bevis Chief Financial Officer 32,000 314,906
Jonny Watts Executive Director - 356,635
Enquiries:
Frontier Developments
IR@frontier.co.uk
+44 (0)1223 394300
Peel Hunt - Nomad and Sole Corporate Broker
Neil Patel / Ben Cryer / Kate
Bannatyne
+44 (0)20 7418 8900
About Frontier Developments plc
Frontier Developments plc is a leading independent developer and publisher of
video games, specialising in creative management simulation (CMS) experiences.
Headquartered in Cambridge, UK, Frontier develops and nurtures globally
successful game franchises, including core CMS franchises such as Planet
Coaster, Planet Zoo, and Jurassic World Evolution, using its proprietary COBRA
technology. The CMS genre underpins Frontier's strategy, which is driving
long-term and sustainable growth through strong player engagement, robust
back-catalogue performance, and an exciting pipeline of new games.
Frontier's LEI number: 213800B9LGPWUAZ9GX18.
www.frontier.co.uk (http://www.frontier.co.uk/)
DEALING NOTIFICATION FORM
FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY
ASSOCIATED PERSONS
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Johanna Cooke
2. Reason for the notification
a) Position/status: Chief Executive Officer
b) Initial notification/Amendment: Initial Notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name: Frontier Developments plc
b) LEI: 213800B9LGPWUAZ9GX18
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument: Ordinary shares
of 0.5p each.
Identification code: GB00BBT32N39
b) Nature of the transaction: Grant of 100,000 options over Ordinary Shares of
0.5 pence each with an exercise price of 0.5 pence per share. The Options are
due to vest after three years (subject to performance conditions) and must be
exercised within 10 years from the date of award.
c) Price(s) and volume(s):
Price(s) Volume(s)
0.5p 100,000
d) Aggregated information:
N/A - Single transaction
e) Date of the transaction: 10 February 2026
f) Place of the transaction: Outside a trading venue
d)
Aggregated information:
N/A - Single transaction
e)
Date of the transaction: 10 February 2026
f)
Place of the transaction: Outside a trading venue
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name: David Braben
2. Reason for the notification
a) Position/status: President and Founder
b) Initial notification/Amendment: Initial Notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name: Frontier Developments plc
b) LEI: 213800B9LGPWUAZ9GX18
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument: Ordinary shares
of 0.5p each.
Identification code: GB00BBT32N39
b) Nature of the transaction: Grant of 53,000 options over Ordinary Shares of 0.5
pence each with an exercise price of 0.5 pence per share. The Options are due
to vest after three years (subject to performance conditions) and must be
exercised within 10 years from the date of award.
c) Price(s) and volume(s):
Price(s) Volume(s)
0.5p 53,000
d) Aggregated information:
N/A - Single transaction
e) Date of the transaction: 10 February 2026
f) Place of the transaction: Outside a trading venue
d)
Aggregated information:
N/A - Single transaction
e)
Date of the transaction: 10 February 2026
f)
Place of the transaction: Outside a trading venue
1. Details of the person discharging managerial responsibilities/person closely
associated
a) Name: Alexander Bevis
2. Reason for the notification
a) Position/status: Chief Financial Officer
b) Initial notification/Amendment: Initial Notification
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name: Frontier Developments plc
b) LEI: 213800B9LGPWUAZ9GX18
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
a) Description of the financial instrument, type of instrument: Ordinary shares
of 0.5p each.
Identification code: GB00BBT32N39
b) Nature of the transaction: Grant of 32,000 options over Ordinary Shares of 0.5
pence each with an exercise price of 0.5 pence per share. The Options are due
to vest after three years (subject to performance conditions) and must be
exercised within 10 years from the date of award.
c) Price(s) and volume(s):
Price(s) Volume(s)
0.5p 32,000
d) Aggregated information:
N/A - Single transaction
e) Date of the transaction: 10 February 2026
f) Place of the transaction: Outside a trading venue
d)
Aggregated information:
N/A - Single transaction
e)
Date of the transaction: 10 February 2026
f)
Place of the transaction: Outside a trading venue
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