TIDMTM17

RNS Number : 4407Z

Team17 Group PLC

11 January 2024

11 January 2024

Team17 Group plc

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

Director/PDMR shareholding

On 11 January 2024 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 January 2024 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    75                  GBP1.98   25                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    215,034                34,248 
                 ---------------------  ----------------------- 
 

Enquiries:

 
 Team17 Group plc                                     via Vigo Consulting 
  Steve Bell, Chief Executive Officer 
  Mark Crawford, Chief Financial Officer 
  James Targett, Group Investor Relations Director 
 Houlihan Lokey UK Limited (Nominated Adviser) 
  Adrian Reed / Tim Richardson                        +44 (0)161 250 3577 
 Berenberg (Joint Corporate Broker) 
  Toby Flaux / Ben Wright / Marie Moy / Alix 
  Mecklenburg-Solodkoff                               +44 (0)20 3207 7800 
 Peel Hunt (Joint Corporate Broker) 
  Neil Patel / Paul Gillam / Richard Chambers 
  / James Smith                                       +44 (0)20 7418 8900 
 Vigo Consulting (Financial Public Relations) 
  Jeremy Garcia / Fiona Hetherington / Aisling 
  Fitzgerald 
  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) 
      --------------------------------------------  ----------------  -------------- 
   GBP1.98                                                             75 
  ------------------------------------------------------------------  -------------- 
 d)    Aggregated information                        Not applicable 
      --------------------------------------------  -------------------------------- 
 e)    Date of transaction                           10 January 2024 
      --------------------------------------------  -------------------------------- 
 f)    Place of the transaction                      AIMX 
      --------------------------------------------  -------------------------------- 
 

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END

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January 11, 2024 10:23 ET (15:23 GMT)

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