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Frontier Developments Signs Development Agreements For Two New Games
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.
Latest FDEV News
- Berenberg raises target price on Frontier Developments
22 Nov 2019 - Frontier Development "Comfortable" With Analyst Revenue Projections
15 Nov 2019 - Frontier Developments releases 'Planet Zoo', progresses publishing strategy
6 Nov 2019 - Frontier Developments' Latest Game 'Planet Zoo' Tops Bestseller Chart
6 Nov 2019 - UK Shareholder Meetings Calendar - Next 7 Days
23 Oct 2019 - Wednesday broker round-up
25 Sep 2019 - Frontier Developments Posts "Record" Year Ahead Of Next Game Release
4 Sep 2019 - UK Earnings, Trading Statements Calendar - Next 7 Days
28 Aug 2019
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