Team17 Group PLC Directorate Change (8224E)
October 23 2018 - 1:00AM
UK Regulatory
TIDMTM17
RNS Number : 8224E
Team17 Group PLC
23 October 2018
23 October 2018
Team17 Group plc
("Team17", the "Group" or the "Company")
Director change
Team17, a global games label, creative partner and developer of
independent ("indie"), premium video games, today announces that
Chief Financial Officer ("CFO"), Paul Bray, has decided to step
down and retire, to spend more time with his family. Having joined
Team17 in 2010, Paul has presided over a significant period of
financial progress for the Group culminating in the successful
listing on the AIM market of the London Stock Exchange in May
2018.
Simultaneously, the Company is pleased to announce the
appointment of Jo Jones as CFO and a Director of the Company with
immediate effect.
Jo has spent the last 10 years at Experian plc, working across a
number of senior finance roles. Her most recent role at Experian
was Finance Director of Service, Solutions, Technology &
Transformation where she worked closely with Experian's UK Chief
Information Officer and Chief Transformation Officer. Prior to that
she was Finance Director of Decision Analytics & Marketing
Services and Commercial Finance Director for UK and Ireland.
Jo has also held a number of finance roles with The Sytner Group
Ltd, including Divisional Financial Controller for Daimler Chrysler
and Lexus. She qualified as a chartered accountant at KPMG.
Paul will remain with the business until 30 November 2018 in
order to facilitate an orderly handover.
Debbie Bestwick, Chief Executive of Team 17 commented:
"Firstly, let me personally thank Paul for his significant
contribution to Team17 over the last eight years. Having supported
me through the MBO and more recently our successful IPO, on behalf
of everyone here at Team17, we wish Paul and his family well for
the future.
"Secondly, let me welcome Jo into the Team17 family, we are
delighted with her appointment. She joins our business at an
incredibly exciting time and we look forward to her contribution in
continuing our successful journey."
In accordance with Schedule 2(g) of the AIM Rules, Jo Jones
(aged 40) holds or has held in the past 5 years the following
directorships and partnerships:
Current Past five years
Experian nominee at Greenwood
Academies Trust (February to
September 2018)
------------------------------
Save as disclosed above, no further information is required to
be disclosed pursuant to Schedule Two paragraph (g) of the AIM
Rules for Companies.
For further information please contact:
Team17 Group plc via Vigo Communications
Debbie Bestwick MBE, Chief Executive Officer +44 (0)20 7390 0238
GCA Altium (Nominated Adviser)
Phil Adams / Adrian Reed / Paul Lines +44 (0)845 505 4343
Berenberg (Broker)
Chris Bowman / Toby Flaux / Marie-Agnes
Stolberg +44 (0)20 3207 7800
Vigo Communications (Financial Public Relations)
Jeremy Garcia / Fiona Henson / Charlie Neish
team17@vigocomms.com +44 (0)20 7390 0238
NOTES TO EDITORS
Founded in 1990, Team17 Group plc is a leading international
video games label and creative partner for independent developers.
The portfolio comprises games such as The Escapists, Overcooked,
Yoku's Island Express, Yooka-Laylee, My Time At Portia, the Worms
franchise and many more from developers around the world. Visit
www.team17.com for more info.
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END
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