TIDMTM17

RNS Number : 2872T

Team17 Group PLC

13 November 2023

13 November 2023

Team17 Group plc

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

Director/PDMR shareholding

On 13 November 2023 the Company was notified by Link Market Services Trustees Limited (the "Trustee"), as the Trustee of the Team17 Group plc Share Incentive Plan (the "Plan"), that on 10 November 2023 it had purchased ordinary shares of GBP0.01 each in the Company ("Partnership Shares") on behalf of the persons discharging managerial responsibility as set out below:

 
 PDMR             Partnership         Price      Matching          Price 
                   Shares purchased               Shares awarded 
 Mark Crawford    46                  GBP3.284   15                Nil 
                 ------------------  ---------  ----------------  ------ 
 

Under the Plan, each participant may contribute up to GBP150 per month towards the purchase of Partnership Shares. Matching Shares are awarded on the basis of two Matching Shares for each Partnership Share purchased, but only for the first GBP25 of Partnership Shares purchased per month. The Matching Shares will vest on the third anniversary of award, subject to continued employment and the retention of the underlying Partnership Shares.

Details of the PDMR's resulting holdings of Ordinary Shares and options over Ordinary Shares are as follows:

 
 Name             Total No. of Options   No. of Ordinary Shares 
 Mark Crawford    214,978                23,495 
                 ---------------------  ----------------------- 
 

Enquiries:

 
 Team17 Group plc                                 via Vigo Communications 
  Debbie Bestwick MBE, Chief Executive Officer     +44 (0)20 7390 0233 
  Mark Crawford, Chief Financial Officer 
 Houlihan Lokey (Nominated Adviser) 
  Adrian Reed / Tim Richardson                    +44 (0)161 250 3577 
 Berenberg (Broker) 
  Chris Bowman / Toby Flaux / Marie Moy / Alix 
  Mecklenburg-Solodkoff                           +44 (0)20 3207 7800 
 Vigo Consulting (Financial Public Relations) 
  Jeremy Garcia / Fiona Hetherington / Kate 
  Kilgallen 
  team17@vigoconsulting.com                       +44 (0)20 7390 0233 
 

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, aimed at children under the age of eight and a leading working simulation games developer and publisher.

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.

 
       Details of the person discharging managerial responsibilities 
  1 
 a)    Name                                          Mark Crawford 
      --------------------------------------------  -------------------------------- 
       Reason for the notification 
  2 
      ------------------------------------------------------------------------------ 
 a)    Position/status                               Chief Financial Officer 
      --------------------------------------------  -------------------------------- 
 b)    Initial notification/amendment                Initial notification 
      --------------------------------------------  -------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------ 
 a)    Name                                          Team17 Group plc 
      --------------------------------------------  -------------------------------- 
 b)    LEI                                           2138006EUUCCL4ZI5E51 
      --------------------------------------------  -------------------------------- 
       Details of the transaction(s): sections to be repeated 
  4     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,          Ordinary shares of 1 pence 
        type of instrument                            each 
 
        Identification code 
                                                      ISIN: GB00BYVX2X20 
      --------------------------------------------  -------------------------------- 
 b)    Nature of the transaction                     Partnership shares purchased 
                                                      on behalf of Mark Crawford 
                                                      by the Trustee 
      --------------------------------------------  -------------------------------- 
 c)    Prices(s) and volume(s)                       Price(s):         Volume(s) 
      --------------------------------------------  ----------------  -------------- 
   GBP3.284                                                            46 
  ------------------------------------------------------------------  -------------- 
 d)    Aggregated information                        Not applicable 
      --------------------------------------------  -------------------------------- 
 e)    Date of transaction                           10 November 2023 
      --------------------------------------------  -------------------------------- 
 f)    Place of the transaction                      AIMX 
      --------------------------------------------  -------------------------------- 
 

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END

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(END) Dow Jones Newswires

November 13, 2023 11:57 ET (16:57 GMT)

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