Codemasters Group Holdings PLC Exclusive five-year WRC contract commencing 2023 (4548O)

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                                 [phone] 
 William Hall 
 Jefferies International Ltd (Joint Corporate 
 Broker) 
 Ed Matthews 
 William Brown                                   [phone] 
Alma PR Limited                                 [phone] 
 Josh Royston                                    [e-mail] 
 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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June 01, 2020 02:00 ET (06:00 GMT)