Appointment of Chief Financial Officer

RNS Number : 2672K

Team17 Group PLC

21 April 2020

 

21 April 2020

Team17 Group plc

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

Appointment of Chief Financial Officer

Team17 , a global games entertainment label, creative partner and developer of independent ("indie") premium video games, is pleased to announce that Mark Crawford has been appointed as permanent Chief Financial Officer ("CFO") and board director with immediate effect.

Mark joined the Company as interim CFO in November 2019 and having overseen the Company's 2019 audit, alongside supporting the relocation of the Company's new development studio in Wakefield and the acquisition of Yippee Entertainment Limited, the board is pleased to confirm Mark's appointment, following an extensive executive search.

Chris Bell, Non-Executive Chairman of Team17, commented:

"We are delighted that Mark has agreed to join Team17 on a permanent basis having made such a strong impression throughout his interim period. The board unanimously agreed that Mark has both the skills and experience required to support Team17's ongoing growth and strategic ambitions."

No changes have been made to the disclosures made under Schedule 2(g) of the AIM Rules since Mark's appointment as interim CFO on 15 November 2019.

Enquiries:

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

About Team17

Team17 is a leading 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 home computer market, the video games console market and the 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 alongside bringing them to market across multiple platforms for fixed percentage royalties ("third-party IP"). Since foundation in 1990, we have launched over 100 games, including the iconic Worms franchise, the Overcooked franchise, the Escapists franchise, Yooka-Laylee, Yoku's Island Express, My Time at Portia, Hell Let Loose and Blasphemous, making Team17 one of the most prolific developers and partners of games for the indie market.

 Visit www.team17.com for more info.

 

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