REG - Games Workshop Group - Agreement in principle to develop film and TV

Games WorkshopAnnouncement

16/12/2022 07:00

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RNS Number : 9204J  Games Workshop Group PLC  16 December 2022

16 December 2022

 

 

Games Workshop Group PLC

("Games Workshop" or the "Company")

 

 

Agreement in principle to develop film and television productions

 

 

Games Workshop is pleased to announce that it has reached an agreement in
principle with Amazon Content Services LLC, a subsidiary of Amazon.com, Inc.,
("Amazon") for Amazon to develop Games Workshop's intellectual property into
film and television productions and for Games Workshop to grant Amazon
associated merchandising rights.

 

In advance of contracts being entered into, Amazon will be commencing certain
development activities (such as holding preliminary discussions with writers)
in order to facilitate the project. It is intended that rights will initially
be granted to develop the Warhammer 40,000 universe.

 

Whilst the parties have reached agreement on material commercial terms, the
project is wholly dependent on and subject to contracts being agreed and
entered into, which the parties are working towards.

 

The Company makes no change to its forecast for the period ended May 2023.

 

A further announcement will be made in due course.

 

 

For further information, please contact:

 

 Games Workshop Group PLC
 Kevin Rountree, CEO                                                             investorrelations@gwplc.com
 Rachel Tongue, CFO

 Investor relations website                                  http://investor.games-workshop.com
 General website                                             www.games-workshop.com

 

This announcement contains inside information for the purposes of the Market
Abuse Regulation (EU) no. 596/2014 (including as it forms part of the laws of
England and Wales by virtue of the European Union (Withdrawal) Act 2018
("MAR"). Upon the publication of this announcement, such information will no
longer constitute inside information. Ross Matthews, the Company's General
Counsel and Company Secretary, is the person responsible for making the
notification for the purposes of Article 17 of MAR.

 

This announcement contains certain forward-looking statements with respect to
certain of the Company's current expectations and projections about future
events. These statements reflect the directors' beliefs and expectations and
involve a number of risks, uncertainties and assumptions which may occur in
the future, are beyond the Company's control and could cause actual results
and performance to differ materially from any expected future results or
performance expressed or implied by the forward-looking statement. The
information contained in this announcement is subject to change without notice
and, except as required by applicable law, the Company does not assume any
responsibility or obligation to update publicly or review any of the
forward-looking statements contained in it, nor do they intend to. As a result
of these risks, uncertainties and assumptions, the recipient should not place
undue reliance on these forward-looking statements as a prediction of actual
results or otherwise.

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