TIDMFDEV

RNS Number : 3872S

Frontier Developments PLC

06 November 2019

6 November 2019

Frontier Developments plc

Planet Zoo Release, Frontier Publishing Progress, Capital Markets Day

Frontier Developments plc (AIM: FDEV, 'Frontier', the 'Group' or the 'Company'), a leading developer and publisher of videogames, is delighted to confirm the successful release on PC of Planet Zoo as planned, on 5 November 2019. Planet Zoo achieved the global number one bestseller spot on Steam both prior to, and after, its release at 12 noon GMT on 5 November 2019. Planet Zoo is the ultimate zoo sim where players can let their imagination run wild, with authentic living animals who think, feel and explore the world around them. Planet Zoo allows players to experience a globe-trotting campaign, create unique habitats and vast landscapes, make big decisions and meaningful choices, and nurture their animals as they construct and manage a truly modern zoo where animal welfare and conservation comes first.

Frontier is pleased to confirm further progress with its recently announced Frontier Publishing initiative, which is expanding the Company's game portfolio through external development partnerships that use Frontier's proven publishing expertise to supplement its internal development roadmap. The Company is engaged in discussions with a number of carefully-selected potential development partners with games at various stages of development. Two partnerships have already been signed to date, including the agreement announced with Haemimont Games in June 2019. The Board continues to expect that the Frontier Publishing business will become a material contributor to the group in years to come, as more partnerships are agreed.

Frontier also confirms that it will be hosting a Capital Markets Day for institutional investors and analysts at its studio in Cambridge on 12 November 2019. No material new information will be provided at the event.

David Braben, Chief Executive, said:

"As our fourth major self-published game release, we're thrilled with the initial response to Planet Zoo. I'd like to thank our team for their tireless commitment and expertise in creating the ultimate zoo simulation game. We can't wait to see the amazing creations from our growing community of Planet Zoo players.

We are also pleased with progress on our Frontier Publishing initiative. We're passionate about working with the best independent developers in the business, and the signing of our second partnership agreement is a great milestone for us."

Enquiries:

Frontier Developments +44 (0)1223 394 300

David Braben, CEO

Alex Bevis, CFO

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

Neil Patel / Cameron Duncan

Jefferies - Joint Broker +44 (0)20 7029 8000

Max Jones / William Brown

Tulchan Communications +44 (0)20 7353 4200

Matt Low / Deborah Roney / James Macey White

About Frontier Developments plc

Frontier is a leading independent creator of self-published videogame franchises founded in 1994 by David Braben, co-author of the iconic 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.

Frontier's LEI number: 213800B9LGPWUAZ9GX18.

www.frontier.co.uk

About Planet Zoo

Simulation Runs Wild in Planet Zoo. From the developers of Jurassic World Evolution (2018), Planet Coaster (2016) and Zoo Tycoon (2013) comes the ultimate zoo sim, where players can let their imagination run wild, with authentic living animals who think, feel and explore the world around them. Planet Zoo allows players to experience a globe-trotting campaign, create unique habitats and vast landscapes, make big decisions and meaningful choices, and nurture their animals as they construct and manage a truly modern zoo where animal welfare and conservation comes first.

www.planetzoogame.com

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November 06, 2019 02:00 ET (07:00 GMT)

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