Director/PDMR Shareholding

Team17 Group PLC

09 July 2024

 

9 July 2024

Team17 Group plc

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

Director/PDMR shareholding

Team17, a leading global independent ("Indie") games label developer and publisher of premium video games and apps, announces that in line with the incentivisation strategy set out in the annual report and accounts for the year ending 31 December 2023 (the "2023 Annual Report"), the Company has granted options (the "Options") over a total of 317,774 new ordinary shares of £0.01 each in the Company ("Ordinary Shares") under the rules of its Long Term Incentive Plan (the "Plan") to Executive Directors and PDMRs, as follows:

PDMR	Position	Number of options granted	Total options held following this grant
Steve Bell	Group CEO	208,342	208,719
Mark Crawford	Group CFO	109,432	299,405

The Options are granted over Ordinary Shares with no exercise price and subject to the rules of the Plan with vesting based on achieving a stretching range of adjusted EPS and relative TSR performance, over the three years to 31 December 2026. Full details of the performance criteria can be found in the 2023 Annual Report at www.team17groupplc.com.

As a result of the above transactions, details of the relevant PDMR's holdings of Ordinary Shares and options over Ordinary Shares are as follows:

Name	No. of ordinary shares held	% of issued ordinary shares	No. of options over ordinary shares held
Steve Bell	54,050	0.0371%	208,719
Mark Crawford	34,540	0.0237%	299,405

In total, following the grant, the Company has outstanding granted options over 1,559,414 new Ordinary Shares representing approximately 1.07% of the existing issued Ordinary Shares.

Enquiries:

Team17 Group plc Steve Bell, Chief Executive Officer Mark Crawford, Chief Financial Officer James Targett, Group Investor Relations Director	[e-mail]
Houlihan Lokey Advisory Limited (Nominated Adviser) Tim Richardson / Giulio Scanferlato / Adrian Reed	[phone]
Jeffries International Limited (Joint Corporate Broker) Philip Noblet / Will Brown / Shaam Vora	[phone]
Peel Hunt (Joint Corporate Broker) Neil Patel / Kate Bannatyne	[phone]
Vigo Consulting (Financial Public Relations) Jeremy Garcia / Fiona Hetherington / Aisling Fitzgerald [e-mail]	[phone]

About Team17

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

Visit www.team17groupplc.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	Steve Bell
2	Reason for the notification
a)	Position/status	Chief Executive 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	Options over Ordinary Shares ISIN: GB00BYVX2X20
b)	Nature of the transaction	Grant of options over 208,342 Ordinary Shares
c)	Prices(s) and volume(s)	Price(s):	Volume(s)
		NIL	208,342 options
d)	Aggregated information	Not applicable
e)	Date of transaction	9 July 2024
f)	Place of the transaction	Off market

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	Options over Ordinary Shares ISIN: GB00BYVX2X20
b)	Nature of the transaction	Grant of options over 109,432 Ordinary Shares
c)	Prices(s) and volume(s)	Price(s):	Volume(s)
		NIL	109,432 options
d)	Aggregated information	Not applicable
e)	Date of transaction	9 July 2024
f)	Place of the transaction	Off market

 

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