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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
- ShoreCap upgrades Frontier Developments to 'buy'
2 Apr 2024 - Legal services firm Gateley picks new chair; half-year earnings rise
17 Jan 2024 - Frontier Developments shares up despite costly six months
17 Jan 2024 - AIM WINNERS & LOSERS: James Cropper falls on lower outlook
17 Jan 2024 - CORRECT: UK earnings, trading statements calendar - next 7 days
12 Jan 2024 - UK earnings, trading statements calendar - next 7 days
11 Jan 2024 - Director dealings: Frontier, NewRiver disclose director purchases
19 Dec 2023 - IN BRIEF: Frontier Developments PCA of director buys 145,000 shares
15 Dec 2023
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