Director/PDMR Shareholding
13 June 2024
Team17 Group plc
("Team17", the "Group" or the "Company")
Director/PDMR shareholding
On 13 June 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 June 2024 it had purchased ordinary shares of £0.01 each in the Company ("Partnership Shares") on behalf of the persons discharging managerial responsibility as set out below:
PDMR | Partnership Shares purchased | Price | Matching Shares awarded | Price |
Mark Crawford | 48 | £3.10 | 16 | Nil |
Under the Plan, each participant may contribute up to £150 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 £25 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.
2021 Share Options
Certain directors of the Company held share options under an LTIP plan granted in 2021 (the "2021 Options"). The performance criteria for vesting were not met and, therefore, the 2021 Options have now lapsed and have been removed from the number of outstanding options in the disclosure below.
Name | Lapsed 2021 Options | Outstanding Options | No. of Ordinary Shares |
Mark Crawford | 25,157 | 215,130 | 34,540 |
Debbie Bestwick | 150,943 | 359,133 | 30,266,945 |
Enquiries:
Team17 Group plc Steve Bell, Chief Executive Officer Mark Crawford, Chief Financial Officer James Targett, Group Investor Relations Director
| via Vigo Consulting |
Houlihan Lokey Advisory Limited (Nominated Adviser) Tim Richardson / Giulio Scanferlato / Adrian Reed
| +44 (0) 20 7839 3355 |
Jeffries International Limited (Joint Corporate Broker) Philip Noblet / will Brown / Shaam Vora
| +44 (0)20 7029 8000 |
Peel Hunt (Joint Corporate Broker) Neil Patel / Kate Bannatyne
| +44 (0)20 7418 8900 |
Vigo Consulting (Financial Public Relations) Jeremy Garcia / Fiona Hetherington / Aisling Fitzgerald | +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.
1 | Details of the person discharging managerial responsibilities | ||
a) | Name | Mark Crawford | |
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 | Ordinary shares of 1 pence each
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) |
£3.10 | 48 | ||
d) | Aggregated information | Not applicable | |
e) | Date of transaction | 10 June 2024 | |
f) | Place of the transaction | AIMX | |
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