Grant of Options

RNS Number : 7500K

Team17 Group PLC

18 December 2018

 

18 December 2018

Team17 Group plc

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

Grant of Options

Team17 Group plc (AIM:TM17) announces that it has granted options (the "Options") over 141,892 new ordinary shares of 1 pence each in the Company ("Ordinary Shares") under the rules of its Long Term Incentive Plan (the "Plan") to a director as follows:

Director	Position	Number of options granted	Total options held following this grant
Jo Jones	Chief Financial Officer	141,892	141,892

The Options are granted at an Award Price of nil over 141,892 shares.

The Options are granted subject to the rules of the Plan and performance targets based on EPS and Total Shareholder Return.

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 Existing Ordinary Shares
Jo Jones	141,892	nil

For further information please contact:  

Team17 Group plc  Debbie Bestwick MBE, Chief Executive Officer  Jo Jones, Chief Financial Officer	via Vigo Communications  [phone]
GCA Altium (Nominated Adviser) Phil Adams / Adrian Reed / Paul Lines	[phone]
Berenberg (Broker) Chris Bowman / Toby Flaux / Marie-Agnes Stolberg	[phone]
Vigo Communications (Financial Public Relations)  Jeremy Garcia / Fiona Henson / Charlie Neish [e-mail]	[phone]

Notes to Editors

Founded in 1990, Team17 Group plc is a leading international video games label and creative partner for independent developers. The portfolio comprises over 100 games, including The Escapists, Genesis Alpha One, Overcooked, Yoku's Island Express, Yooka-Laylee, the Worms franchise and many more from developers around the world. 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	Jo Jones
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 of 1 pence each ISIN: GB00BYVX2X20
b)	Nature of the transaction	Grant of options over 141,892 ordinary shares of 1 pence each
c)	Prices(s) and volume(s)	Price(s):	Volume(s)
		NIL	141,892
d)	Aggregated information	Not applicable
e)	Date of transaction	17 December 2018
f)	Place of the transaction	London Stock Exchange

 

END

 

 

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