Codemasters Group Holdings PLC Exclusive five-year WRC contract commencing 2023 (4548O)
June 01 2020 - 2:00AM
UK Regulatory
TIDMCDM
RNS Number : 4548O
Codemasters Group Holdings PLC
01 June 2020
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
Codemasters Group Holdings Plc Via Alma PR
Frank Sagnier, CEO
Rashid Varachia, CFO
Liberum (Nominated Adviser and Joint
Corporate Broker)
Neil Patel
Cameron Duncan +44 (0) 20 3100 2000
William Hall
Jefferies International Ltd (Joint Corporate
Broker)
Ed Matthews
William Brown +44 (0) 20 7029 8000
Alma PR Limited +44 (0) 20 3405 0205
Josh Royston codemasters@almapr.co.uk
Rebecca Sanders-Hewett
Helena Bogle
Sam Modlin
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(R) 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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END
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