Peter Coonan stars in "King Frankie".Banjoman

New Irish film "King Frankie," the feature debut of writer and director Dermot Malone starring Peter Coonan ("Love/Hate", "Bad Sisters"), is set for a theatrical release in Ireland and the UK later this year.

The film had its world premiere at the Dublin International Film Festival to critical acclaim this February and has received rave reviews.

In "King Frankie," Frankie (Coonan) is a Dublin taxi driver, who runs his own taxi firm.

On the day of his father’s removal, he comes face to face with something that happened ten years ago, and the first thing that he must do is forgive himself.

Described by the filmmakers as a “Celtic Tiger tale you have not seen," "King Frankie" is a redemption story about those who not only make promises but also keep them.

The film company Banjoman told Joe.ie they hope to "join the wave of Irish film success and spend the coming decades writing their own chapter in an already illustrious book."

"The origins of the film are fascinating and very real. Dermot Malone’s 'King Frankie' captures a moment in time in Irish history when many fell into financial distress," the award-winning production company also noted.

Peter Coonan.

"It charts the life of a man who wanted to chase the dragon of monetary success, but who flew too close to the sun and got burned.

"This is a story based on lived experience. A story of pain, grief and loss, but also of redemption, change and hope."

The cast includes Conor MacNeill ("The Sixth Commandment"), Ruairi O'Connor ("The Conjuring: The Devil Made Me Do It"), Lynn Rafferty ("Taken Down"), Olivia Caffrey ("Trivia"), Ally Ni Chiarain ("Calm with Horses"), and Owen Roe ("Michael Collins"). The film also marks rapper Rejjie Snow’s acting debut.

Wildcard Distribution will release "King Frankie" in Irish and UK cinemas later this year.

You can watch a teaser trailer for "King Frankie" here: