26 May 2023 07:01
26 May 2023
Team17 Group plc
("Team17", the "Group" or the "Company")
Board Update
Team17 announces that Jennifer Lawrence, currently Non-Executive Director and Chair of the Remuneration Committee, has confirmed that she does not intend to stand for re-election at the Company's forthcoming AGM on 22 June 2023. As a result, she will continue in her role until that date and then leave the business.
Jennifer joined the Group in February 2019, chairing the Remuneration Committee and playing a valuable role on the Board over a period of tremendous growth and operational change. She has decided to focus on her full-time role as Chief People and Transformation Officer with the Card Factory plc.
A search for a replacement is underway. In the interim period Martin Hellawell, Senior Non-Executive Director, will act as Chair of the Remuneration Committee.
Chris Bell, Chair of Team17, commented:
"On behalf of the board I would like to thank Jen for her contribution as a valued member of the Board over the last four years and we wish her continued success in her future endeavours."
Enquiries:
Team17 Group plc Debbie Bestwick MBE, Chief Executive Officer Mark Crawford, Chief Financial Officer
| via Vigo Consulting
|
Houlihan Lokey (Nominated Adviser) Adrian Reed / Tim Richardson
| +44 (0)161 250 3577 |
Berenberg (Broker) Ben Wright / Toby Flaux / Marie Moy / Alix Mecklenburg-Solodkoff
| +44 (0)20 3207 7800 |
Vigo Consulting (Financial Public Relations) Jeremy Garcia / Fiona Hetherington / Kate Kilgallen Team17@vigoconsulting.com
| +44 (0)20 7390 0238 |
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.team17groupplc.com for more info.
Team17 (TM17)