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Intraday Frontier Dev Share Chart
Frontier Developments Inks IP Licence Deal For Game Development
LONDON (Alliance News) - Video game developer Frontier Developments PLC on Wednesday said it signed a "major" global IP licence to develop and publish a game.
The company said it expects the game development cycle to take around two years, which it targets to start later in 2019.
The licence agreement entitles Frontier to develop and publish the unnamed game, together with subsequent associated paid downloadable content, on both PC and console.
"We are delighted to confirm that one of our future releases will benefit from a major global IP licence. We are excited about our existing franchises and our future portfolio. We will continue to love, support and enhance our existing game franchises as we build new ones," Chief Executive Officer David Braben said.
Frontier Developments shares were trading up 2.3% at 968.00 pence each on Wednesday.
Latest FDEV News
- DIRECTOR DEALINGS: Baltic Classifieds CEO sells GBP9 million in shares
14 Dec 2023 - LONDON BROKER RATINGS: HSBC likes Softcat; Jefferies cuts Future
4 Dec 2023 - Berenberg cuts target price on Frontier Developments
28 Nov 2023 - LONDON BROKER RATINGS: Goldman starts M&G at 'buy'; Citi hikes B&M
28 Nov 2023 - LONDON MARKET MIDDAY: Downbeat China headlines hurt FTSE 100
27 Nov 2023 - Frontier Developments chair departs as sales of new release disappoint
27 Nov 2023 - AIM WINNERS & LOSERS: Frontier Developments slumps; Epwin eyes buyback
27 Nov 2023 - Frontier Developments shares tank after sales guidance cut
27 Nov 2023
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