Issue of Shares and Total Voting Rights

RNS Number : 7550Y

Team17 Group PLC

06 January 2020

 

6 January 2020

Team17 Group plc

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

Issue of Shares and Total Voting Rights

Team17, a global games label, creative partner and developer of independent ("indie"), premium video games, announces that further to the announcement of the acquisition of Yippee Entertainment Limited on 2 January 2020, application has been made to the London Stock Exchange for the 114,000 new ordinary shares issued as part of the consideration for the acquisition to be admitted to trading on AIM ("Admission"), and it is expected that Admission will take place at 8.00 a.m. on 8 January 2020.

The new ordinary shares will, when issued, be credited as fully paid and will rank pari passu with the existing ordinary shares of £0.01 each in the capital of the Group, including the right to receive all future dividends and distributions declared, made or paid by reference to a record date falling after their issue.

Following admission of the 114,000 new ordinary shares, the Group's issued share capital will comprise 131,402,276 ordinary shares of £0.01 each. The above figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Group under the Financial Conduct Authority's Disclosure and Transparency Rules.

Enquiries:

Team17 Group plc Debbie Bestwick MBE, Chief Executive Officer Mark Crawford, Interim Chief Financial Officer	via Vigo Communications
GCA Altium (Nominated Adviser) 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]

About Team17

Founded in 1990, Team17 Group plc is a leading international premium video games label and creative partner for independent developers. The portfolio comprises over 100 games, including The Escapists, Genesis Alpha One, My Time at Portia, 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.

 

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