TIDMTM17

RNS Number : 7310A

Team17 Group PLC

26 May 2023

26 May 2023

Team17 Group plc

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

Board Update

Team17 announces that Jennifer Lawrence, currently Non-Executive Director and Chair of the Remuneration Committee, has confirmed that she does not intend to stand for re-election at the Company's forthcoming AGM on 22 June 2023. As a result, she will continue in her role until that date and then leave the business.

Jennifer joined the Group in February 2019, chairing the Remuneration Committee and playing a valuable role on the Board over a period of tremendous growth and operational change. She has decided to focus on her full-time role as Chief People and Transformation Officer with the Card Factory plc.

A search for a replacement is underway. In the interim period Martin Hellawell, Senior Non-Executive Director, will act as Chair of the Remuneration Committee.

Chris Bell, Chair of Team17, commented:

"On behalf of the board I would like to thank Jen for her contribution as a valued member of the Board over the last four years and we wish her continued success in her future endeavours."

Enquiries:

 
 Team17 Group plc                                 via Vigo Consulting 
  Debbie Bestwick MBE, Chief Executive Officer 
  Mark Crawford, Chief Financial Officer 
 Houlihan Lokey (Nominated Adviser)               +44 (0)161 250 
  Adrian Reed / Tim Richardson                     3577 
 Berenberg (Broker) 
  Ben Wright / Toby Flaux / Marie Moy / Alix      +44 (0)20 3207 
  Mecklenburg-Solodkoff                            7800 
 Vigo Consulting (Financial Public Relations) 
  Jeremy Garcia / Fiona Hetherington / Kate 
  Kilgallen                                       +44 (0)20 7390 
  Team17@vigoconsulting.com                        0238

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.team17groupplc.com for more info.

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May 26, 2023 02:01 ET (06:01 GMT)

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