Director/PDMR Shareholding

RNS Number : 1750L
Team17 Group PLC
11 May 2022
 

11 May 2022

 

Team17 Group plc

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

 

Director/PDMR shareholding

 

On 11 May 2022 the Company was notified by Link Market Services Trustees Limited (the "Trustee"), as the Trustee of the Team17 Group plc Share Incentive Plan (the "Plan"), that on 10 May 2022 it had purchased ordinary shares of £0.01 each in the Company ("Partnership Shares") on behalf of the persons discharging managerial responsibility as set out below:

 

PDMR

Partnership Shares purchased

Price

Matching Shares awarded

Price

Mark Crawford

40

£3.85

12

nil

 

Under the Plan, each participant may contribute up to £150 per month towards the purchase of Partnership Shares. Matching Shares are awarded on the basis of two Matching Shares for each Partnership Share purchased, but only for the first £25 of Partnership Shares purchased per month. The Matching Shares will vest on the third anniversary of award, subject to continued employment and the retention of the underlying Partnership Shares.

 

Details of the PDMR's resulting holdings of Ordinary Shares and options over Ordinary Shares are as follows:

 

Name

Total No. of Options

No. of Ordinary Shares

Mark Crawford

45,345

13,688

 

 

Enquiries:

 

Team17 Group plc

Debbie Bestwick MBE, Chief Executive Officer

Mark Crawford, Chief Financial Officer

 

via Vigo Consulting

+44 (0)20 7390 0233

Houlihan Lokey (Nominated Adviser)

Adrian Reed / Paul Lines

 

+44 (0)161 250 3577

Berenberg (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@vigoconsulting.com

+44 (0)20 7390 0233

 

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.team17.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

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

Ordinary shares of 1 pence each

 

 

ISIN: GB00BYVX2X20

b)

Nature of the transaction

Partnership shares purchased on behalf of Mark Crawford by the Trustee

c)

Prices(s) and volume(s)

Price(s):

Volume(s)

£3.85

40

d)

Aggregated information

Not applicable

e)

Date of transaction

10 May 2022

f)

Place of the transaction

AIMX

 

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