Board Update

Team17 Group PLC

26 May 2023

 

26 May 2023

Team17 Group plc

("Team17", the "Group" or the "Company")

Board Update

Team17 announces that Jennifer Lawrence, currently Non-Executive Director and Chair of the Remuneration Committee, has confirmed that she does not intend to stand for re-election at the Company's forthcoming AGM on 22 June 2023. As a result, she will continue in her role until that date and then leave the business.

Jennifer joined the Group in February 2019, chairing the Remuneration Committee and playing a valuable role on the Board over a period of tremendous growth and operational change. She has decided to focus on her full-time role as Chief People and Transformation Officer with the Card Factory plc.

A search for a replacement is underway. In the interim period Martin Hellawell, Senior Non-Executive Director, will act as Chair of the Remuneration Committee.

Chris Bell, Chair of Team17, commented:

"On behalf of the board I would like to thank Jen for her contribution as a valued member of the Board over the last four years and we wish her continued success in her future endeavours."

Enquiries:

Team17 Group plc Debbie Bestwick MBE, Chief Executive Officer Mark Crawford, Chief Financial Officer	via Vigo Consulting
Houlihan Lokey (Nominated Adviser) Adrian Reed / Tim Richardson	[phone]
Berenberg (Broker) Ben Wright / Toby Flaux / Marie Moy / Alix Mecklenburg-Solodkoff	[phone]
Vigo Consulting (Financial Public Relations) Jeremy Garcia / Fiona Hetherington / Kate Kilgallen [e-mail]	[phone]

About Team17

Team17 Group plc is a global provider of games entertainment to a broad audience. The Group now includes a games entertainment label and creative partner for indie developers, a leading developer of educational apps, aimed at children under the age of eight and a leading working simulation games developer and publisher.

 Visit www.team17groupplc.com for more info.

 

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