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