- Video games group Frontier Developments said it had signed a 'major' global IP licence to develop and publish a future game.

Frontier said it anticipated a development cycle for the game of around two years, with development expected to commence later in calendar year 2019.

The licence agreement entitled it to develop and publish the game, together with subsequent associated paid downloadable content, worldwide on both PC and console.

'We are delighted to confirm that one of our future releases will benefit from a major global IP licence,' chief executive David Braben said.

At 2:45pm: [LON:FDEV] Frontier Developments Plc share price was +19p at 965p

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