TIDMTM17
RNS Number : 8543Y
Team17 Group PLC
18 January 2022
18 January 2022
Team17 Group plc
("Team17", the "Group" or the "Company")
Director/PDMR shareholding
Team17, 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 18 January 2022, Debbie Bestwick (Chief
Executive Officer), a person closely associated with Christopher
Bell (Non-Executive Chairman), and Martin Hellawell (Non-Executive
Director) purchased Ordinary Shares in the Group at a price of 714
pence per share. These purchases were undertaken as part of the non
pre-emptive placing (the " Placing ") of new ordinary shares (the "
Placing Shares ") announced on 13 January.
Debbie Bestwick purchased 140,056 Placing Shares. Following this
purchase, Mrs Bestwick holds 29,294,218 Ordinary Shares,
representing 20.26% of the current issued share capital of the
Company.
A person closely associated with Christopher Bell purchased
7,002 Placing Shares. Following this purchase, Mr Bell and person
closely associated with him hold 97,911 Ordinary Shares,
representing 0.07% of the current issued share capital of the
Company.
Martin Hellawell purchased 14,000 Placing Shares. Following this
purchase, Mr Hellawell holds 24,000 Ordinary Shares, representing
0.02% 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.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Debbie Bestwick
---------------------------------------- -----------------------------------
2. Reason for the notification
-----------------------------------------------------------------------------
(a) Position/status Chief Executive Officer
---------------------------------------- -----------------------------------
(b) Initial notification/ Initial notification
Amendment
---------------------------------------- -----------------------------------
3. Details of the issuer
-----------------------------------------------------------------------------
(a) Name Team17 Group plc
---------------------------------------- -----------------------------------
(b) LEI 2138006EUUCCL4ZI5E51
---------------------------------------- -----------------------------------
4. Details of the transaction(s): section 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 Ordinary shares of 1 pence each
the Financial
Instrument
---------------------------------------- -----------------------------------
(b) Identification ISIN: GB00BYVX2X20
code of the Financial
Instrument
---------------------------------------- -----------------------------------
(c) Nature of the Purchase of shares
transaction
---------------------------------------- -----------------------------------
(d) Price(s) and Price(s) Volume(s)
volume(s)
---------------- -----------------
GBP7.14 140,056
--------------------------------------------------------------- -----------------
(e) Aggregated information
---------------------------------------------------------- -----------------
(f) Date of the transaction 18 January 2022
---------------------------------------- -----------------------------------
(g) Place of the AIMX
transaction
---------------------------------------- -----------------------------------
2. Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Alexia Bell
----------------------------------------- ----------------------------------------------
2. Reason for the notification
-----------------------------------------------------------------------------------------
(a) Position/status Person closely associated with Christopher
Bell (Non-Executive Chairman)
----------------------------------------- ----------------------------------------------
(b) Initial notification/ Initial notification
Amendment
----------------------------------------- ----------------------------------------------
3. Details of the issuer
-----------------------------------------------------------------------------------------
(a) Name Team17 Group plc
----------------------------------------- ----------------------------------------------
(b) LEI 2138006EUUCCL4ZI5E51
----------------------------------------- ----------------------------------------------
4. Details of the transaction(s): section 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 Ordinary shares of 1 pence each
the Financial
Instrument
----------------------------------------- ----------------------------------------------
(b) Identification ISIN: GB00BYVX2X20
code of the Financial
Instrument
----------------------------------------- ----------------------------------------------
(c) Nature of the Purchase of shares
transaction
----------------------------------------- ----------------------------------------------
(d) Price(s) and volume(s) Price(s) Volume(s)
---------------------- ----------------------
GBP7.14 7,002
---------------------------------------------------------------------- ----------------------
(e) Aggregated information
----------------------------------------------------------------- ----------------------
(f) Date of the transaction 18 January 2022
----------------------------------------- ----------------------------------------------
(g) Place of the transaction AIMX
----------------------------------------- ----------------------------------------------
3. Details of the person discharging managerial responsibilities/person
closely associated
(a) Name Martin Hellawell
----------------------------------------- -----------------------------------
2. Reason for the notification
------------------------------------------------------------------------------
(a) Position/status Non-Executive Director
----------------------------------------- -----------------------------------
(b) Initial notification/ Initial notification
Amendment
----------------------------------------- -----------------------------------
3. Details of the issuer
------------------------------------------------------------------------------
(a) Name Team17 Group plc
----------------------------------------- -----------------------------------
(b) LEI 2138006EUUCCL4ZI5E51
----------------------------------------- -----------------------------------
4. Details of the transaction(s): section 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 Ordinary shares of 1 pence each
the Financial
Instrument
----------------------------------------- -----------------------------------
(b) Identification ISIN: GB00BYVX2X20
code of the Financial
Instrument
----------------------------------------- -----------------------------------
(c) Nature of the Purchase of shares
transaction
----------------------------------------- -----------------------------------
(d) Price(s) and volume(s) Price(s) Volume(s)
----------------- ----------------
GBP7.14 14,000
----------------------------------------------------------------- ----------------
(e) Aggregated information
------------------------------------------------------------ ----------------
(f) Date of the transaction 18 January 2022
----------------------------------------- -----------------------------------
(g) Place of the transaction AIMX
----------------------------------------- -----------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHBKFBPNBKDPDD
(END) Dow Jones Newswires
January 18, 2022 08:56 ET (13:56 GMT)
Team17 (LSE:TM17)
Historical Stock Chart
From Mar 2024 to Apr 2024
Team17 (LSE:TM17)
Historical Stock Chart
From Apr 2023 to Apr 2024
