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TM17 Team17 Group Plc

267.00
2.00 (0.75%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Team17 Group Plc LSE:TM17 London Ordinary Share GB00BYVX2X20 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 0.75% 267.00 270.00 280.00 277.50 270.00 270.00 287,441 16:35:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Prepackaged Software 137.44M 23.48M 0.1610 17.08 400.96M

Lloyds Bank Private-Equity Arm Sells 5.5% Stake in Team17 Group

27/03/2019 8:23am

Dow Jones News


Team17 (LSE:TM17)
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By Adam Clark

 

The private-equity arm of Lloyds Banking Group PLC (LLOY.LN) has sold a 5.5% stake in videogame developer Team17 Group PLC (TM17.LN), Berenberg said Wednesday.

LDC (Managers) Ltd. sold 7.3 million shares at 225 pence each. The sale represents around one-third of Lloyds' holding in Team17.

Shares in Team17 closed at 232.50 pence on Tuesday. The developer, best known for the Worms franchise, listed on London's AIM last May at 165 pence a share with a valuation of 217 million pounds ($287 million).

 

Write to Adam Clark at adam.clark@dowjones.com; @AdamDowJones

 

(END) Dow Jones Newswires

March 27, 2019 04:08 ET (08:08 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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