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Frontier Developments Awards Executive Share Options to Drive Long-Term Growth

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Frontier Developments Awards Executive Share Options to Drive Long-Term Growth

The latest announcement is out from Frontier Developments ( (GB:FDEV) ).

Frontier Developments plc has granted a total of 538,000 options over Ordinary Shares to its four Executive Directors under the Long Term Incentive Plan. These options, which have a nominal exercise price of 0.5p per share, are set to vest in 2028, contingent on meeting specific revenue, profit, and shareholder return targets. This move is part of the company’s strategy to align executive incentives with long-term performance goals, potentially impacting its operational focus and shareholder value.

More about Frontier Developments

Frontier Developments plc is a leading independent developer and publisher of video games, founded in 1994 by David Braben. Based in Cambridge, UK, the company utilizes its proprietary COBRA game development technology to create innovative, genre-leading games primarily for personal computers and video game consoles.

YTD Price Performance: -2.44%

Average Trading Volume: 62,481

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £77.2M

For detailed information about FDEV stock, go to TipRanks’ Stock Analysis page.

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