Director dealings: Outgoing Frontier Developments chairman lowers stake

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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Director name: Gammon,David Ranken
Amount sold: 35,000 @ 1,400.00p
Value: £490,000.00