Frontier Dev Regulatory News (FDEV)

19 September 2017

Frontier Developments plc

Non-Executive Director Appointment

Frontier Developments plc (AIM: FDEV, "Frontier", the "Group"), a leading developer of video games based in Cambridge, UK, announces the Board appointment of James Mitchell as a Non-Executive Director with immediate effect. James brings extensive and relevant experience from his current role as Chief Strategy Officer at Tencent Holdings Limited ("Tencent"), a leading Internet and interactive entertainment company based in China.

Prior to joining Tencent, James held various positions at Goldman Sachs including managing director.

Frontier's Board invited James to become a Non-Executive Director in order to gain his insights into the Chinese market and the wider global entertainment industry following the £17.7 million strategic investment made by Tencent in July 2017, which is helping Frontier to accelerate its investment in scaling up its operations and growing its number of franchises to build on the success of its transition to self-publishing.

David Gammon, Frontier's Chairman, commented:

"I am delighted to announce the further strengthening of our Board with this appointment. James brings experience and insight which will be invaluable to Frontier as we scale up and pursue our goal of becoming a global leader in the entertainment industry".

James Mitchell commented:

"I am a big fan of Frontier. They have a world class team and have done a terrific job with their business model transition. I look forward to working with the Board to further develop and expand Frontier's global appeal".

The following additional information is provided in accordance with Rule 17 and paragraph (g) of Schedule Two of the AIM Rules for Companies.

James Gordon Mitchell, aged 43, has no shareholding in Frontier. His current and previous directorships or partnerships are detailed below:

Current directorships and partnerships:

CITIC Capital Holdings Limited

Golden Maple Limited

Miniclip Group SA

FAB.COM INC

FLIPKART LIMITED

Riot Games Inc

Supercell Oy.

China Literature Limited

Yixin Group Limited

Halti S.A.

Inari S.à r.l.

Nilakka S.à r.l.

Lokka S.à r.l.

Tencent Digital (Shenzhen) Co., Ltd (English translation for reference only)*

Partner Elite Investments Limited

Frontier Hero Limited

Market Delta Investments Limited

New Corporate Holdings Limited

Alfagold Trading Limited

Tencent E-Commerce (Hong Kong) Limited*

Grand Canal Limited

Tencent ID Limited

TECC A Limited

TECC B Limited

TECC C Limited

TECC D Limited

TECC E Limited

WeChat International Limited

Tencent E-Commerce Holdings Limited

Tencent Indonesia Limited

TPP Opportunity GP I, Ltd.

TPP Follow-on GP I, Ltd.

TPP Capital Finance Company Ltd.

TENCENT MOBILITY (MACAU) LIMITED*

Past directorships and partnerships held within the last 5 years:

Tencent E-commerce Technology (Shenzhen) Co., Ltd (English translation for reference only)*

*Chinese characters are not compatible with the RNS system. To view the full announcement, including the full names of the companies asterisked above, please follow the link below: http://www.rns-pdf.londonstockexchange.com/rns/0765R_-2017-9-18.pdf 

There is no further information to be disclosed pursuant to Schedule Two, paragraph (g) of the AIM Rules for Companies.

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation (EU) 596/2014. The person responsible for making this announcement on behalf of the Company is Alex Bevis.

Enquiries:

Frontier Developments +44 (0)1223 394 300

David Braben, CEO

David Walsh, COO

Alex Bevis, CFO

Liberum - Nomad and Joint Broker +44 (0)20 3100 2000

Neil Patel / Cameron Duncan 

finnCap - Joint Broker +44 (0) 207 220 0500

Matt Goode/Giles Rolls

Alice Lane

Tulchan Communications +44 (0) 207 353 4200

James Macey White/Matt Low 

About Frontier Developments plc

Frontier Developments plc, listed on the AIM stock market (AIM: FDEV), is a leading independent creator of self-published videogame franchises founded in 1994 by David Braben, co-author of the seminal 'Elite' game. Based in Cambridge, Frontier uses its proprietary 'COBRA' game development technology to create innovative games, currently focusing on videogame consoles and personal computers.

www.frontier.co.uk

About Elite Dangerous

Elite Dangerous - available for Windows PC, Apple Macintosh, Microsoft Xbox One and Sony PlayStation 4 - is the definitive massively multiplayer space epic, bringing gaming's original open world adventure to the modern generation with a connected galaxy, evolving narrative and the entirety of the Milky Way re-created at its full galactic proportions.

www.elitedangerous.com

About Planet Coaster

Planet Coaster - available for Windows PC - builds on Frontier's genre-defining expertise with coaster park games such as RollerCoaster Tycoon 3 and Thrillville. It further raises the bar for this popular genre, allowing players to let their imaginations run wild as they surprise, delight and thrill incredible crowds, and share their success with the world via the Steam Workshop community.

www.planetcoaster.com

About Jurassic World Evolution

Jurassic World Evolution - launching in summer 2018 for Windows PC, Microsoft Xbox One and Sony PlayStation 4 - evolves players' relationship with the Jurassic World film franchise, placing them in control of operations on the legendary islands of Isla Nublar and the surrounding islands of the Muertes Archipelago. Players will create and manage their own Jurassic World as they bioengineer new dinosaur breeds, and construct attractions, containment and research facilities. Every choice leads to a different path and spectacular challenges arise when 'life finds a way'.

www.jurassicworldevolutiongame.com