FDEV.L

Frontier Developments Plc
Frontier Developmnts - Jurassic World game announcement
9th May 2024, 06:00
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 7024N
Frontier Developments PLC
09 May 2024
 

9 May 2024

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

Frontier Developments plc

Jurassic World game announcement

Frontier Developments plc (AIM: FDEV, 'Frontier', the 'Group' or the 'Company'), a leading developer and publisher of videogames based in Cambridge, UK, is pleased to announce the signing of a licence with Universal Products & Experiences for a third Jurassic World game.

Following the major success of Jurassic World Evolution and Jurassic World Evolution 2, which released in June 2018 and November 2021 respectively, Frontier and Universal Products & Experiences have signed a licence for a third Jurassic World game which is scheduled for release in Frontier's financial year 2026 ('FY26'), between 1 June 2025 and 31 May 2026. In February 2024, Universal Pictures and Amblin Entertainment announced an all-new Jurassic World event film currently scheduled for release on 2 July 2025.

Jurassic World Evolution and Jurassic World Evolution 2 rank first and second respectively within Frontier's game portfolio in terms revenue generated in their first two years, with Jurassic World Evolution being Frontier's best-selling game to date since its release almost six years ago.

Over the last twelve months Frontier has refined its strategy to focus on its leading position in the creative management simulation ('CMS') genre, with four successful titles already in its portfolio; Planet Coaster, Planet Zoo, and the first two Jurassic World Evolution games. Over the next three consecutive financial years, Frontier plans to release one new CMS game per year; the development of the unannounced own-IP CMS game for FY25 is on track and Frontier expects to announce the title in the coming months; the third Jurassic World game confirmed today is scheduled for FY26; and a third unannounced CMS game is planned for FY27.

Jonny Watts, Chief Executive Officer, said:

"We are delighted to reveal that we are developing a third Jurassic World game to extend our collaborative relationship with Universal Products & Experiences for our best-selling game franchise.  Our Jurassic World Evolution game franchise has showcased great creative and technical expertise in CMS games and the strength of our select, develop, launch, and nurture strategy in the genre. I very much look forward to providing more information on our exciting plans for the franchise in the future."

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019. The person responsible for making this announcement on behalf of the Company is Alex Bevis.

Enquiries:

 

Frontier Developments   +44 (0)1223 394 300

Jonny Watts, CEO

Alex Bevis, CFO 

 

Peel Hunt - Nomad and Corporate Broker   +44 (0)20 3100 2000

Neil Patel / Paul Gillam / Kate Bannatyne

 

Liberum - Joint Corporate Broker   +44 (0)20 3100 2000

Max Jones / Nikhil Varghese

 

Teneo   +44 (0)20 7353 4200

Matt Low / Arthur Rogers                                                                                                                       

 

About Frontier Developments plc

Frontier is a leading independent developer and publisher of videogames founded in 1994 by David Braben, co-author of the iconic Elite game. Frontier uses its proprietary COBRA game development technology to create innovative genre-leading games, primarily for personal computers and videogame consoles.

Frontier's LEI number: 213800B9LGPWUAZ9GX18.

www.frontier.co.uk

 

About UNIVERSAL PRODUCTS & EXPERIENCES

Universal Products & Experiences (UP&E) globally drives the expansion and elevation of NBCUniversal's iconic collection of brands, intellectual properties, characters, and stories based on the company's extensive portfolio of properties created by Universal Pictures, Illumination, DreamWorks Animation and NBCUniversal Television and Streaming. The division executes this through innovative physical and digital products, as well as engaging retail and product experiences across our expansive global theme park destinations (for both owned and third-party IP), location-based venues, e-commerce product platforms, and retailers around the world. Along with global brand strategy and creative, UP&E's lines of business include Consumer Products and Games, along with Theme Parks Products & Retail. UP&E is a division of Universal Destinations & Experiences, part of NBCUniversal, a subsidiary of Comcast Corporation. More information is available at universalproductsexperiences.com. 

 

About the JURASSIC WORLD Franchise

From Universal Pictures and Amblin Entertainment, Jurassic World immerses audiences of all ages in a new era of wonder and thrills where dinosaurs and humankind must learn to coexist. Jurassic World is more than a film franchise. At every turn, this $6 billion film series delivers a larger-than-life destination for exploration, discovery, and epic adventure. Dinosaurs live again and they live in Jurassic World.

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
CNTQKFBQKBKBNPK]]>
TwitterFacebookLinkedIn