Director/PDMR Shareholding

RNS Number : 8251B

Team17 Group PLC

14 June 2021

 

14 June 2021

Team17 Group plc

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

Director/PDMR shareholding

On 11 June 2021 the Company was notified by Link Market Services Trustees Limited (the "Trustee"), as the Trustee of the Team17 Group plc Share Incentive Plan (the "Plan"), that on 10 June 2021 it had purchased ordinary shares of £0.01 each in the Company ("Partnership Shares") on behalf of the persons discharging managerial responsibility as set out below:

PDMR	Partnership Shares purchased	Price	Matching Shares awarded	Price
Mark Crawford	22	£6.76	7	nil

Under the Plan, each participant may contribute up to £150 per month towards the purchase of Partnership Shares. Matching Shares are awarded on the basis of two Matching Shares for each Partnership Share purchased, but only for the first £25 of Partnership Shares purchased per month. The Matching Shares will vest on the third anniversary of award, subject to continued employment and the retention of the underlying Partnership Shares.

Details of the director's resulting holdings of Ordinary Shares and options over Ordinary Shares are as follows:

Name	Total No. of Options	No. of Ordinary Shares
Mark Crawford	20,107	6,911

Enquiries:

Team17 Group plc Debbie Bestwick MBE, Chief Executive Officer Mark Crawford, Chief Financial Officer	via Vigo Communications
GCA Altium (Nominated Adviser) Adrian Reed / Paul Lines	[phone]
Berenberg (Broker) Chris Bowman /   Toby Flaux / Marie Moy / Alix Mecklenburg-Solodkoff	[phone]
Vigo Consulting (Financial Public Relations) Jeremy Garcia / Fiona Hetherington [e-mail]	[phone]

About Team17

Team17 is a global games entertainment label and creative partner for independent ("indie") developers, focused on the premium, rather than free to play market, and creating games for the PC, console, mobile and tablet gaming markets.

Alongside developing the Company's own games in house ("first party IP"), Team17 also partners with independent developers across the globe to add value to their games in all areas of development and production and in bringing them to market across multiple platforms for fixed percentage royalties ("third party IP").

Since foundation in 1990, the Company has launched over 100 games, including the iconic Worms, Overcooked! and Escapists franchises, Yooka-Laylee, Yoku's Island Express, My Time at Portia, Hell Let Loose, Blasphemous, Golf With Your Friends, Neon Abyss and Moving Out making Team17 one of the most prolific developers and diverse partners of games for the indie market.

  Visit  www.team17.com  for more info.

EU Market Abuse Regulation

The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities
a)	Name	Mark Crawford
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification/amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Team17 Group plc
b)	LEI	2138006EUUCCL4ZI5E51
4	Details of the transaction(s): sections to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of financial instrument, type of instrument Identification code	Ordinary shares of 1 pence each ISIN: GB00BYVX2X20
b)	Nature of the transaction	Partnership shares purchased on behalf of Mark Crawford by the Trustee
c)	Prices(s) and volume(s)	Price(s):	Volume(s)
		£6.76	22
d)	Aggregated information	Not applicable
e)	Date of transaction	10 June 2021
f)	Place of the transaction	AIMX

 

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