TIDMTM17

RNS Number : 5205Y

Team17 Group PLC

14 January 2022

14 January 2022

Team17 Group plc

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

Director/PDMR shareholding

Team 17, a global games label, creative partner and developer of independent ("indie") premium video games and developer of educational entertainment ("edutainment") apps for children, has been notified that on 14 January 2022, Mark Crawford, Chief Financial Officer, purchased a total of 1,137 Ordinary Shares in the Group at a price of 745 pence per share. Following this purchase, Mr Crawford holds 12,590 Ordinary Shares, representing 0.01% of the current issued share capital of the Company.

The Group's current share capital consists of 144,620,544 Ordinary Shares with voting rights.

Enquiries:

 
 Team17 Group plc                                  via Vigo Consulting 
  Debbie Bestwick MBE, Chief Executive Officer      +44 (0)20 7390 0233 
  Mark Crawford, Chief Financial Officer 
 Houlihan Lokey (Nominated Adviser) 
  Adrian Reed / Paul Lines                         +44 (0)161 250 3577 
 Berenberg (Sole Global Coordinator, Bookrunner 
  and Broker) 
  Chris Bowman / Toby Flaux / Marie Moy / Alix 
  Mecklenburg-Solodkoff                            +44 (0)20 3207 7800 
 Vigo Consulting (Financial Public Relations) 
  Jeremy Garcia / Kate Kilgallen 
  team17@vigocon sulting.com                       +44 (0)20 7390 0233

About Team17

About Team17 Group plc

Team17 Group plc is a global provider of games entertainment to a broad audience. It has two main verticals - a games entertainment label and creative partner for indie developers, and a leading developer of educational apps, targeting children under the age of eight.

Games label and creative partner

Team17 is a 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, console, 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 and in bringing them to market across multiple platforms for fixed percentage royalties ("third party IP").

Since foundation in 1990, the Company has launched over 100 games, including the iconic Worms, Overcooked! and Escapists franchises, along with many more including; Yooka-Laylee, Yoku's Island Express, My Time at Portia, Hell Let Loose, Blasphemous, Golf With Your Friends, Neon Abyss and Moving Out making Team17 one of the most prolific developers and diverse partners of games for the indie market.

StoryToys

Team17's wholly owned subsidiary, StoryToys, is a leading developer and publisher of educational apps, targeting the pre-school market of children aged two to seven years old.

StoryToys apps have been downloaded over 100 million times across 120 countries, and its educational entertainment apps are produced in 28 different languages. StoryToys' mission is to create apps for children that engage them in well-rounded activities designed to help them learn, play, and grow, with partners including The Walt Disney Company, The LEGO Group, Penguin Books, Sesame Workshop, Apple, Amazon and Google. www.storytoys.com

Visit www.team17.com for more information

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,          Ordinary shares of 1 pence 
        type of instrument                            each 
        Identification code                           ISIN: GB00BYVX2X20 
      --------------------------------------------  ------------------------------ 
 b)    Nature of the transaction 
      --------------------------------------------  ------------------------------ 
 c)    Prices(s) and volume(s)                       Price(s):        Volume(s) 
      --------------------------------------------  ---------------  ------------- 
   GBP7.45                                                            1,137 
  -----------------------------------------------------------------  ------------- 
 d)    Aggregated information 
      -------------------------------------------------------------  ------------- 
 e)    Date of transaction                           14 January 2022 
      --------------------------------------------  ------------------------------ 
 f)    Place of the transaction                      AIMX 
      --------------------------------------------  ------------------------------

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END

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(END) Dow Jones Newswires

January 14, 2022 07:40 ET (12:40 GMT)

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