The sequel is titled “Code Geass: Fukkatsu no Lelouch” (Translation: Code Geass: Lelouch of the Resurrection, and it takes place several years after “Zero Requiem” plan which took place in the events of “Code Geass: Lelouch of the Rebellion”.
Sunrise, the company resposible for animating Code Geass announced at the Code Geass 10th Anniversary event on Sunday that the franchise is getting its “next project,” as well as a three-part compilation anime film series. They also revealed a visual announcing the next project which can be seen below:
The three-part film series will recap all 50 episodes of the original Code Geass: Lelouch of the Rebellion series and the Code Geass: Lelouch of the Rebellion R2 sequel series. The cast are re-recording all their lines for the films, and the films will include new scenes. The first film will open in 2017.