LONDON (Alliance News) - Frontier Developments PLC said Thursday that it had signed two development agreements with a new publishing partner for a combined value of GBP3.75 million.
Under the agreements, Frontier will develop two original games using its Cobra technology system.
"These contracts acknowledge Frontier's qualities and adds two exciting new games to our project roster, both of which were ideas generated through our company-wide 'Game of the Week' incubation programme," said Chief Executive Officer David Braben in a statement.
Shares in Frontier were trading up 5.8% at 193.00 pence Thursday morning.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
Copyright © 2014 Alliance News Limited. All Rights Reserved.


(Alliance News) - Frontier Developments PLC on Wednesday reported an increase in annual earnings, hailing its focus on management simulation games, an...


(Sharecast News) - Frontier Developments said on Wednesday that its focus on creative management simulation games had delivered record annual profit a...


(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately repor...


LONDON MARKET MIDDAY: Stocks rise as markets brace for US inflation


(Sharecast News) - Video games developer and publisher Frontier Developments reported a 33% improvement in first-half revenue year-on-year in its inte...


AIM WINNERS & LOSERS: Frontier Developments sinks on guidance cut


LONDON BROKER RATINGS: Jupiter Fund Management and easyJet downgraded


LONDON MARKET CLOSE: FTSE 100 perks up on Powell reappointment news


LONDON MARKET MIDDAY: Stock gains despite fears of new virus lockdowns


Frontier Developments lowers annual outlook as sales disappoint


AIM WINNERS & LOSERS: Frontier Developments sinks as game sales worry