diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0b16770..ed755a7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 ## Changelog
 
+### v1.2.0
+
+- add: validation for the presence of contents.plist file in UFO source directories
+- fix: refactored deprecated fontTools.ufoLib.UFOReader.formatVersion property to new formatVersionTuple
+- updated fontTools to v4.18.0 and required 4.18.0+ in this project to support the new contents.plist validation that was added in this release
+
 ### v1.1.1
 
 - fix: contents.plist Path object must be cast to a str to address fontTools ufoLib expectations, this addresses a ufoLib exception raised on contents.plist validation introduced in v1.1.0 release
diff --git a/lib/ufolint/settings.py b/lib/ufolint/settings.py
index 3cce9a7..32db28b 100644
--- a/lib/ufolint/settings.py
+++ b/lib/ufolint/settings.py
@@ -5,8 +5,8 @@
 # Version Number
 # ------------------------------------------------------------------------------
 major_version = "1"
-minor_version = "1"
-patch_version = "1"
+minor_version = "2"
+patch_version = "0"
 
 # ------------------------------------------------------------------------------
 # Help String