Director/PDMR Shareholding
09/07/2024 16:18
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240709:nRSI7407Va&default-theme=true
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 ir@team17.com
Steve Bell, Chief Executive Officer
Mark Crawford, Chief Financial Officer
James Targett, Group Investor Relations Director
Houlihan Lokey Advisory Limited (Nominated Adviser) +44 (0) 20 7839 3355
Tim Richardson / Giulio Scanferlato / Adrian Reed
Jeffries International Limited (Joint Corporate Broker) +44 (0)20 7029 8000
Philip Noblet / Will Brown / Shaam Vora
Peel Hunt (Joint Corporate Broker) +44 (0)20 7418 8900
Neil Patel / Kate Bannatyne
Vigo Consulting (Financial Public Relations) +44 (0)20 7390 0233
Jeremy Garcia / Fiona Hetherington / Aisling Fitzgerald
team17@vigoconsulting.com
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 (http://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 Options over Ordinary Shares
Identification code
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 Options over Ordinary Shares
Identification code
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
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 (mailto:rns@lseg.com)
or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHQKCBDPBKDAOK