Directorate Changes

Team17 Group PLC

19 July 2023

 

19 July 2023

Team17 Group plc

("Team17" or the "Company")

Directorate Changes

Team17, a global games label, creative partner, developer and publisher of independent ("indie") premium video games, educational entertainment apps for children and working simulation games, announces the appointment of Peter Whiting as an independent Non-Executive Director ("NED") who will join the Board on 1 August 2023.

Peter is a highly experienced NED, having spent over ten years in several non-executive roles across a wide range of companies. Beginning his career as an equity research analyst at Panmure Gordon, Peter later moved to UBS where he specialised in the UK Technology, Engineering and Automotive sectors, before going on to become Chief Operating Officer of UBS European Equity Research. Since leaving UBS in 2011, Peter has served as a NED on a variety of boards, including current roles with FDM Group (Holdings) plc, D4t4 Solutions plc and Kooth plc and previously at companies including Aptitude Software plc and Keystone Law plc.

Peter will also assume the role of Chair of the Remuneration Committee, a role in which he has significant prior experience.

The Company also announces that Martin Hellawell, Senior Independent Non-Executive Director, will step down from his position on the Board in order to focus on his other business commitments. Martin joined Team17 in September 2019 and has supported the senior management team through a significant period of growth. Martin will formally leave the Board on 31 July 2023.

Chris Bell, Chair of Team17, said:

"On behalf of the Board, I would like to extend a warm welcome to Peter, who joins Team17 with a wealth of plc and city experience. Having held a number of NED roles previously, Peter brings strong analytical, technology and RemCo expertise to the Board, and we look forward to benefiting from Peter's skills as we continue to build on our strong foundations and drive future growth."

"We would also like to thank Martin for his significant contribution and commitment to Team17 and the Board. Martin has provided invaluable guidance and advice on leading a plc, supporting the growth of the business into the enlarged Group we see today. We wish Martin every success with his future endeavours."

Save for the below, there are no further disclosures required with regard to Schedule Two paragraph (g) of the AIM Rules for Companies:

Peter Frederick Whiting, aged 57, holds or has held in the past 5 years the following directorships and partnerships:

Current	Past (5 years)
Kooth plc	Aptitude Software plc
D4t4 Solutions plc	Keystone Law plc
FDM Group (Holdings) plc	TruFin plc
Whitingpod Limited	Kenilworth Lawn Tennis & Squash Club Limited
Whitingpod Investments Limited

Enquiries:

Team17 Group plc Debbie Bestwick MBE, Chief Executive Officer Mark Crawford, Chief Financial Officer	via Vigo Consulting
Houlihan Lokey UK Limited (Nominated Adviser) Adrian Reed / Tim Richardson	[phone]
Berenberg (Joint Corporate Broker) Ben Wright / Toby Flaux / Marie Moy / Alix Mecklenburg-Solodkoff	[phone]
Peel Hunt (Joint Corporate Broker) Neil Patel / Paul Gillam / Richard Chambers / James Smith	[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, targeting children under the age of eight and a leading working simulation games developer and publisher.

Visit www.team17.com for more info.

 

END