We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 275.00 | 270.00 | 290.00 | 0.00 | 07:30:02 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Prepackaged Software | 137.44M | 23.48M | 0.1610 | 17.08 | 400.96M |
TIDMTM17
RNS Number : 7823E
Team17 Group PLC
09 July 2021
9 July 2021
Team17 Group plc
("Team17", the "Group" or the "Company")
Directors' dealing and Grant of Options
Team17 Group plc (AIM:TM17) announces that Mark Crawford, Chief Financial Officer, and Martin Hellawell, Senior Non-Executive Director, have made the following purchases of Ordinary Shares:
Director Position Number of shares Price per share acquired (p) Senior Non-Executive Martin Hellawell Director 10,000 792 Chief Financial Mark Crawford Officer 4,403 800
In addition, in line with the incentivisation strategy set out in the annual report and accounts for the year ending 31 December 2020, the Company has granted options (the "Options") over 176,100 new ordinary shares of GBP0.01 each in the Company ("Ordinary Shares") under the rules of its Long Term Incentive Plan (the "Plan") to executive directors as follows:
Director Position Number of options Total options held granted following this grant Debbie Bestwick CEO 150,943 1,123,670 Chief Financial Mark Crawford Officer 25,157 45,214
The Options are granted over Ordinary Shares with no exercise price. The Options are granted subject to the rules of the Plan and based on a stretching range of EPS performance measured over the three years to 31 December 2023. 25% of the award is payable for threshold performance at a CAGR of 10%, with full vesting at a CAGR of 30%.
As a result of the above transactions, details of the relevant directors' holdings of Ordinary Shares and options over Ordinary Shares are as follows:
Name No. of Ordinary % of issued Ordinary No. of Options Shares held Share capital held Debbie Bestwick 29,154,162 22.17% 1,123,670 Mark Crawford 11,194 0.01% 45,214 Martin Hellawell 10,000 0.01% NIL
In total, the Company has granted options over 1,382,814 ordinary shares of GBP0.01 each, representing approximately 1.1 per cent. of the existing issued ordinary share capital.
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, Ordinary shares of 1 pence type of instrument each ("Ordinary Shares") and Identification code options over Ordinary Shares ISIN: GB00BYVX2X20 ------------------------------------- -------------------------------- b) Nature of the transaction Acquisition of 4,403 Ordinary Shares and grant of options over 25,157 Ordinary Shares; ------------------------------------- -------------------------------- c) Prices(s) and volume(s) Price(s): Volume(s) ------------------------------------- ----------- ------------------- 792p 4,403 Ordinary Shares and 25,157 options ------------------------------------- ----------- ------------------- d) Aggregated information Not applicable ------------------------------------- -------------------------------- e) Date of transaction 8 July 2021 ------------------------------------- -------------------------------- f) Place of the transaction London ------------------------------------- -------------------------------- 1 Details of the person discharging managerial responsibilities a) Name Debbie Bestwick -------------------------------------------- --------------------------------- 2 Reason for the notification ------------------------------------------------------------------------------- a) Position/status CEO -------------------------------------------- --------------------------------- 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, Options over Ordinary Shares type of instrument ISIN: GB00BYVX2X20 Identification code -------------------------------------------- --------------------------------- b) Nature of the transaction Grant of options over 150,943 Ordinary Shares -------------------------------------------- --------------------------------- c) Prices(s) and volume(s) Price(s): Volume(s) -------------------------------------------- ---------------- --------------- NIL 150,943 ------------------------------------------------------------------ --------------- d) Aggregated information Not applicable -------------------------------------------- --------------------------------- e) Date of transaction 8(th) July 2021 -------------------------------------------- --------------------------------- f) Place of the transaction Off market -------------------------------------------- --------------------------------- 1 Details of the person discharging managerial responsibilities a) Name Martin Hellawell -------------------------------------------- -------------------------------- 2 Reason for the notification ------------------------------------------------------------------------------ a) Position/status Senior non-executive director -------------------------------------------- -------------------------------- 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, Ordinary Shares type of instrument ISIN: GB00BYVX2X20 Identification code -------------------------------------------- --------------------------------
b) Nature of the transaction Purchase of 10,000 Ordinary Shares -------------------------------------------- -------------------------------- c) Prices(s) and volume(s) Price(s): Volume(s) -------------------------------------------- --------------- --------------- 800p 10,000 ------------------------------------------------- --------------- --------------- d) Aggregated information Not applicable -------------------------------------------- -------------------------------- e) Date of transaction 8 July 21 -------------------------------------------- -------------------------------- f) Place of the transaction London -------------------------------------------- --------------------------------
Enquiries:
Team17 Group plc via Vigo Consulting Debbie Bestwick MBE, Chief Executive Officer Mark Crawford, Chief Financial Officer GCA Altium (Nominated Adviser) +44 (0)845 505 Adrian Reed / Paul Lines 4343 Berenberg (Broker) Chris Bowman / Toby Flaux / Marie Moy +44 (0)20 3207 / Alix Mecklenburg-Solodkoff 7800 Vigo Consulting (Financial Public Relations) Jeremy Garcia / Fiona Hetherington +44 (0)20 7390 team17@vigoconsulting.com 0233
About Team17 Group plc
Team17 Group plc is a global provider of games entertainment to a broad audience. It has two main verticals - a games entertainment label and creative partner for indie developers, and a leading developer of educational apps, targeting children under the age of eight.
Games label and creative partner
Team17 is a games entertainment label and creative partner for independent ("indie") developers, focused on the premium, rather than free to play market, and creating games for the PC, console, mobile and tablet gaming markets.
Alongside developing the Company's own games in house ("first party IP"), Team17 also partners with independent developers across the globe to add value to their games in all areas of development and production and in bringing them to market across multiple platforms for fixed percentage royalties ("third party IP").
Since foundation in 1990, the Company has launched over 100 games, including the iconic Worms, Overcooked! and Escapists franchises, along with many more including; Yooka-Laylee, Yoku's Island Express, My Time at Portia, Hell Let Loose, Blasphemous, Golf With Your Friends, Neon Abyss and Moving Out making Team17 one of the most prolific developers and diverse partners of games for the indie market.
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.
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 or visit 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.
END
DSHBKLFBFDLZBBX
(END) Dow Jones Newswires
July 09, 2021 06:46 ET (10:46 GMT)
1 Year Team17 Chart |
1 Month Team17 Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions