REG - Frontier Developmnts - Jurassic World game announcement

Frontier DevelopmentsAnnouncement

09/05/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240509:nRSI7024Na&default-theme=true

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 (http://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
(http://www.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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  CNTQKFBQKBKBNPK