Team17 Group PLC Director/PDMR Shareholding
July 09 2024 - 10:18AM
RNS Regulatory News
RNS Number : 7407V
Team17 Group PLC
09 July 2024
9 July 2024
Team17 Group plc
("Team17", the
"Group" or the "Company")
Director/PDMR
shareholding
Team17, a leading global independent ("Indie")
games label developer and publisher of premium video games and
apps, announces that in line with the incentivisation strategy set
out in the annual report and accounts for the year ending 31
December 2023 (the "2023 Annual Report"), the Company has granted
options (the "Options") over a total of 317,774 new ordinary shares
of £0.01 each in the Company ("Ordinary Shares") under the rules of
its Long Term Incentive Plan (the "Plan") to Executive Directors
and PDMRs, as follows:
|
PDMR
|
Position
|
Number of
options granted
|
Total options
held following this grant
|
|
Steve Bell
|
Group CEO
|
208,342
|
208,719
|
|
Mark Crawford
|
Group CFO
|
109,432
|
299,405
|
The Options are granted over Ordinary Shares
with no exercise price and subject to the rules of the Plan with
vesting based on achieving a stretching range of adjusted EPS and
relative TSR performance, over the three years to 31 December 2026.
Full details of the performance criteria can be found in the 2023
Annual Report at www.team17groupplc.com.
As a result of the above transactions, details
of the relevant PDMR's holdings of Ordinary Shares and options over
Ordinary Shares are as follows:
|
Name
|
No. of
ordinary shares held
|
% of issued
ordinary shares
|
No. of options
over ordinary shares held
|
|
Steve Bell
|
54,050
|
0.0371%
|
208,719
|
|
Mark Crawford
|
34,540
|
0.0237%
|
299,405
|
In total, following the grant, the Company has
outstanding granted options over 1,559,414 new Ordinary Shares
representing approximately 1.07% of the existing issued Ordinary
Shares.
Enquiries:
|
Team17 Group
plc
Steve Bell, Chief Executive Officer
Mark Crawford, Chief Financial
Officer
James Targett, Group Investor Relations
Director
|
ir@team17.com
|
|
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
team17@vigoconsulting.com
|
+44 (0)20 7390 0233
|
About
Team17
Team17 Group plc is a leading global developer
and publisher of video games entertainment to a broad audience. The
Group includes a games entertainment label and creative partner for
Indie developers, a developer of educational apps appealing to
children under the age of eight, and a working simulation games
developer and publisher.
Visit www.team17groupplc.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
|
Steve Bell
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
Chief Executive 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
|
Options over Ordinary Shares
ISIN: GB00BYVX2X20
|
|
b)
|
Nature of the transaction
|
Grant of options over 208,342 Ordinary
Shares
|
|
c)
|
Prices(s) and volume(s)
|
Price(s):
|
Volume(s)
|
|
NIL
|
208,342 options
|
|
d)
|
Aggregated information
|
Not applicable
|
|
e)
|
Date of transaction
|
9 July 2024
|
|
f)
|
Place of the transaction
|
Off market
|
|
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
|
Options over Ordinary Shares
ISIN: GB00BYVX2X20
|
|
b)
|
Nature of the transaction
|
Grant of options over 109,432 Ordinary
Shares
|
|
c)
|
Prices(s) and volume(s)
|
Price(s):
|
Volume(s)
|
|
NIL
|
109,432 options
|
|
d)
|
Aggregated information
|
Not applicable
|
|
e)
|
Date of transaction
|
9 July 2024
|
|
f)
|
Place of the transaction
|
Off market
|
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