(Sharecast News) - Frontier Developments revealed on Monday that president and founder David Braben had sold 28,400 ordinary shares in the London-listed video games developer.

Braben, who founded Frontier in 1994, disposed of the shares on Friday at an average price of 361.00p each, for a total value of £102,524.

As of 1540 BST, Frontier Developments shares were flat at 360.00p.

Reporting by Iain Gilbert at Sharecast.com

Top Director Buys

Land Securities Group (LAND)

Director name: Campbell , Michael

Amount purchased: 1,175 @ $8.05

Value: $7,803.14

Top Director Sells

Chesnara (CSN)

Director name: Howard,Tom

Amount sold: 89,042 @ 260.59p

Value: £232,035.25

Chesnara (CSN)

Director name: Murray,Steve

Amount sold: 41,046 @ 259.05p

Value: £106,330.89

Frontier Developments (FDEV)

Director name: Braben ,David John

Amount sold: 28,400 @ 361.00p

Value: £102,524.00