TIDMFDEV
RNS Number : 0765R
Frontier Developments PLC
19 September 2017
19 September 2017
Frontier Developments plc
Non-Executive Director Appointment
Frontier Developments plc (AIM: FDEV, "Frontier", the "Group"),
a leading developer of video games based in Cambridge, UK,
announces the Board appointment of James Mitchell as a
Non-Executive Director with immediate effect. James brings
extensive and relevant experience from his current role as Chief
Strategy Officer at Tencent Holdings Limited ("Tencent"), a leading
Internet and interactive entertainment company based in China.
Prior to joining Tencent, James held various positions at
Goldman Sachs including managing director.
Frontier's Board invited James to become a Non-Executive
Director in order to gain his insights into the Chinese market and
the wider global entertainment industry following the GBP17.7
million strategic investment made by Tencent in July 2017, which is
helping Frontier to accelerate its investment in scaling up its
operations and growing its number of franchises to build on the
success of its transition to self-publishing.
David Gammon, Frontier's Chairman, commented:
"I am delighted to announce the further strengthening of our
Board with this appointment. James brings experience and insight
which will be invaluable to Frontier as we scale up and pursue our
goal of becoming a global leader in the entertainment
industry".
James Mitchell commented:
"I am a big fan of Frontier. They have a world class team and
have done a terrific job with their business model transition. I
look forward to working with the Board to further develop and
expand Frontier's global appeal".
The following additional information is provided in accordance
with Rule 17 and paragraph (g) of Schedule Two of the AIM Rules for
Companies.
James Gordon Mitchell, aged 43, has no shareholding in Frontier.
His current and previous directorships or partnerships are detailed
below:
Current directorships and partnerships:
CITIC Capital Holdings Limited
Golden Maple Limited
Miniclip Group SA
FAB.COM INC
FLIPKART LIMITED
Riot Games Inc
Supercell Oy.
China Literature Limited
Yixin Group Limited
Halti S.A.
Inari S.à r.l.
Nilakka S.à r.l.
Lokka S.à r.l.
Tencent Digital (Shenzhen) Co., Ltd (English translation for
reference only)*
Partner Elite Investments Limited
Frontier Hero Limited
Market Delta Investments Limited
New Corporate Holdings Limited
Alfagold Trading Limited
Tencent E-Commerce (Hong Kong) Limited*
Grand Canal Limited
Tencent ID Limited
TECC A Limited
TECC B Limited
TECC C Limited
TECC D Limited
TECC E Limited
WeChat International Limited
Tencent E-Commerce Holdings Limited
Tencent Indonesia Limited
TPP Opportunity GP I, Ltd.
TPP Follow-on GP I, Ltd.
TPP Capital Finance Company Ltd.
TENCENT MOBILITY (MACAU) LIMITED*
Past directorships and partnerships held within the last 5
years:
Tencent E-commerce Technology (Shenzhen) Co., Ltd (English
translation for reference only)*
*Chinese characters are not compatible with the RNS system. To
view the full announcement, including the full names of the
companies asterisked above, please follow the link below:
http://www.rns-pdf.londonstockexchange.com/rns/0765R_-2017-9-18.pdf
There is no further information to be disclosed pursuant to
Schedule Two, paragraph (g) of the AIM Rules for Companies.
This announcement contains inside information as defined in
Article 7 of the Market Abuse Regulation (EU) 596/2014. The person
responsible for making this announcement on behalf of the Company
is Alex Bevis.
Enquiries:
Frontier Developments +44 (0)1223 394 300
David Braben, CEO
David Walsh, COO
Alex Bevis, CFO
Liberum - Nomad and Joint Broker +44 (0)20 3100 2000
Neil Patel / Cameron Duncan
finnCap - Joint Broker +44 (0) 207 220 0500
Matt Goode/Giles Rolls
Alice Lane
Tulchan Communications +44 (0) 207 353 4200
James Macey White/Matt Low
About Frontier Developments plc
Frontier Developments plc, listed on the AIM stock market (AIM:
FDEV), is a leading independent creator of self-published videogame
franchises founded in 1994 by David Braben, co-author of the
seminal 'Elite' game. Based in Cambridge, Frontier uses its
proprietary 'COBRA' game development technology to create
innovative games, currently focusing on videogame consoles and
personal computers.
www.frontier.co.uk
About Elite Dangerous
Elite Dangerous - available for Windows PC, Apple Macintosh,
Microsoft Xbox One and Sony PlayStation 4 - is the definitive
massively multiplayer space epic, bringing gaming's original open
world adventure to the modern generation with a connected galaxy,
evolving narrative and the entirety of the Milky Way re-created at
its full galactic proportions.
www.elitedangerous.com
About Planet Coaster
Planet Coaster - available for Windows PC - builds on Frontier's
genre-defining expertise with coaster park games such as
RollerCoaster Tycoon 3 and Thrillville. It further raises the bar
for this popular genre, allowing players to let their imaginations
run wild as they surprise, delight and thrill incredible crowds,
and share their success with the world via the Steam Workshop
community.
www.planetcoaster.com
About Jurassic World Evolution
Jurassic World Evolution - launching in summer 2018 for Windows
PC, Microsoft Xbox One and Sony PlayStation 4 - evolves players'
relationship with the Jurassic World film franchise, placing them
in control of operations on the legendary islands of Isla Nublar
and the surrounding islands of the Muertes Archipelago. Players
will create and manage their own Jurassic World as they bioengineer
new dinosaur breeds, and construct attractions, containment and
research facilities. Every choice leads to a different path and
spectacular challenges arise when 'life finds a way'.
www.jurassicworldevolutiongame.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOALPMATMBMBBAR
(END) Dow Jones Newswires
September 19, 2017 02:01 ET (06:01 GMT)
Frontier Developments (LSE:FDEV)
Historical Stock Chart
From Apr 2024 to May 2024
Frontier Developments (LSE:FDEV)
Historical Stock Chart
From May 2023 to May 2024
