Viking Capital Acquires 5% Stake in Frontier Developments

Frontier Developments (GB:FDEV) has released an update.

Frontier Developments PLC has announced that Viking Capital Corp, a Canadian entity, has acquired a significant stake, crossing the 5% threshold of voting rights, holding a total of 1,975,137 voting rights as of September 18, 2024. This move signals a strategic investment by Viking Capital Corp into the UK-based game development company, potentially indicating confidence in Frontier Developments’ market position and future prospects.

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