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.