Team17 Group PLC Appointment of Non-Executive Director (9569K)

TIDMTM17

RNS Number : 9569K

Team17 Group PLC

03 September 2019

 
 3 September 2019 
 

Team17 Group plc

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

Appointment of Non-Executive Director

Team17, a global games label, creative partner and developer of independent ("indie"), premium video games, is pleased to announce the appointment of Martin Hellawell as a Non-Executive Director with immediate effect.

Martin has a wealth of experience across the capital markets arena with particular focus on both technology and high growth businesses.

Martin is currently Chairman of Softcat plc ("Softcat"), a leading provider of IT infrastructure products and services. He joined Softcat in 2006 as Managing Director. During his tenure, Martin guided Softcat through a significant period of growth culminating in its successful IPO in November 2015. Prior to Softcat, Martin worked at Computacenter plc, where he was part of the team that oversaw Computacenter's IPO in 1998. Martin was recently named as Chairman of Raspberry Pi Trading Limited.

Martin will sit on the Group's audit, remuneration and nomination committees.

Chris Bell, Non-Executive Chairman of Team17, commented:

"I am delighted to welcome Martin to Team17. Martin brings a wealth of PLC experience that complements our ambitious growth aspirations and is also extremely well-versed in technology and digital markets."

Martin Hellawell, commented:

"I am thrilled to be joining such an exciting company at this important stage of its development. I have been following the Company for some time and can't wait to take up my position on the board. I thoroughly look forward to working with my new colleagues at Team17."

The following information is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:

Martin John Hellawell, aged 54, holds or has held in the past 5 years the following directorships and partnerships:

 
 Current                         Past five years 
 Softcat plc 
  Raspberry Pi Trading Limited 
                                ---------------- 
 

Save as disclosed above, no further information is required to be disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies.

For further information please contact:

 
 Team17 Group plc                                     via Vigo Communications 
  Debbie Bestwick MBE, Chief Executive Officer 
  Jo Jones, Chief Financial Officer 
 GCA Altium (Nominated Adviser) 
  Adrian Reed / Paul Lines                            [phone] 
 Berenberg (Broker) 
  Chris Bowman / Toby Flaux / Marie-Agnes Stolberg    [phone] 
 Vigo Communications (Financial Public Relations) 
  Jeremy Garcia / Fiona Henson / Charlie Neish 
  [e-mail]                                [phone] 
 

About Team17

Founded in 1990, Team17 Group plc is a leading international premium video games label and creative partner for independent developers.

Beyond developing and publishing its own IP in-house, Team17 is also a premium video games label and creative partner for developers across the world. Team17 leverages its unique go-to-market expertise to support its partners in the development and publishing of games across multiple platforms, typically for a fixed revenue share post game launch. All investments are undertaken in a low risk manner, typically using milestone payments during the development process.

The portfolio comprises over 100 games, including The Escapists, Genesis Alpha One, My Time at Portia, Overcooked, Yoku's Island Express, Yooka-Laylee, the Worms franchise and many more from developers around the world. Visit www.team17.com for more info.

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September 03, 2019 02:01 ET (06:01 GMT)