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1 Jun 2020 07:00
Codemasters Group Holdings Plc
("Codemasters" or the "Company")
Exclusive five-year WRC contract commencing 2023
Codemasters (AIM:CMD), the award-winning British videogame developer and publisher specialising in high-quality racing games, is pleased to announce that it has signed a licence agreement with WRC Promoter GmbH ( "WRC Promoter") for the exclusive rights to develop and publish the FIA World Rally Championship ("WRC") videogames and esports tournaments (the "Agreement").
The Agreement allows the Company to release videogames based on the franchise including its support categories (e.g. the FIA WRC 2, WRC 3 and Junior WRC Championships) across console, PC and mobile platforms, including annual iterations for the five seasons from 2023 through to 2027. The Company looks forward to developing its first WRC videogame for the 2023 WRC season, which it expects to release in the Company's financial year ending 31 March 2024 ("FY24").
The 2019 FIA World Rally Championship achieved 1.4 billion online impressions, a cumulative TV audience of 836+ million viewers across 150+ TV markets, and 4+ million spectators attended the 13 WRC rallies. More information can be found in the WRC Factbook at: https://www.wrc.com/fileadmin/redaktion/factbook/index.html#0.
This announcement is released by Codemasters Group Holdings plc and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
For the purposes of MAR and Articles 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of the Company by Rashid Varachia, Chief Financial Officer.
Enquiries |
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Codemasters Group Holdings Plc Frank Sagnier, CEO Rashid Varachia, CFO
| Via Alma PR
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Liberum (Nominated Adviser and Joint Corporate Broker) Neil Patel Cameron Duncan William Hall
Jefferies International Ltd (Joint Corporate Broker) Ed Matthews William Brown
| +44 (0) 20 3100 2000
+44 (0) 20 7029 8000
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Alma PR Limited Josh Royston Rebecca Sanders-Hewett Helena Bogle Sam Modlin | +44 (0) 20 3405 0205 codemasters@almapr.co.uk
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ABOUT CODEMASTERS:
Codemasters (AIM:CDM) is an award-winning British video game developer and publisher with over 30 years of heritage. The company specialises in high-quality racing games including DiRT, GRID and the BAFTA award-winning official F1® series of videogames. In December 2019, Codemasters acquired Slightly Mad Studios, creators and developers of award-winning IP including the Project CARS franchise and Fast & Furious Crossroads.
Codemasters' LEI number is: 213800NOITSDQVNP5W91
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