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Team17 Group plc announced on 11 January 2024 that its Share Incentive Plan Trustee, Link Market Services Trustees Limited, purchased 75 ordinary shares at £1.98 each on 10 January 2024 on behalf of Chief Financial Officer Mark Crawford. Concurrently, Mark Crawford was awarded 25 Matching Shares at a nil price under the same plan, resulting in his total holding of 34,248 ordinary shares and 215,034 options.
| Date | 11 Jan 2024 |
| Time | 15:23:30 |
| Category | Director/PDMR dealings |
| ID | 4407Z |
11 January 2024
Team17 Group plc
("Team17", the "Group" or the "Company")
Director/PDMR shareholding
On 11 January 2024 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 January 2024 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 |
75 |
£1.98 |
25 |
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 |
215,034 |
34,248 |
Enquiries:
|
Team17 Group plc Steve Bell, Chief Executive Officer Mark Crawford, Chief Financial Officer James Targett, Group Investor Relations Director
|
via Vigo Consulting |
|
Houlihan Lokey UK Limited (Nominated Adviser) Adrian Reed / Tim Richardson
|
+44 (0)161 250 3577 |
|
Berenberg (Joint Corporate Broker) Toby Flaux / Ben Wright / Marie Moy / Alix Mecklenburg-Solodkoff
|
+44 (0)20 3207 7800 |
|
Peel Hunt (Joint Corporate Broker) Neil Patel / Paul Gillam / Richard Chambers / James Smith
|
+44 (0)20 7418 8900 |
|
Vigo Consulting (Financial Public Relations) Jeremy Garcia / Fiona Hetherington / Aisling Fitzgerald |
+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) |
|
£1.98 |
75 |
||
|
d) |
Aggregated information |
Not applicable |
|
|
e) |
Date of transaction |
10 January 2024 |
|
|
f) |
Place of the transaction |
AIMX |
|