18 Dec 2018 07:00
18 December 2018
Team17 Group plc
("Team17", the "Group" or the "Company")
Grant of Options
Team17 Group plc (AIM:TM17) announces that it has granted options (the "Options") over 141,892 new ordinary shares of 1 pence each in the Company ("Ordinary Shares") under the rules of its Long Term Incentive Plan (the "Plan") to a director as follows:
Director | Position | Number of options granted | Total options held following this grant |
Jo Jones | Chief Financial Officer | 141,892 | 141,892 |
The Options are granted at an Award Price of nil over 141,892 shares.
The Options are granted subject to the rules of the Plan and performance targets based on EPS and Total Shareholder Return.
Details of the director's resulting holdings of Ordinary Shares and options over Ordinary Shares are as follows:
Name | Total No. of Options | No. of Existing Ordinary Shares |
Jo Jones | 141,892 | nil |
For further information please contact:
Team17 Group plc Debbie Bestwick MBE, Chief Executive Officer Jo Jones, Chief Financial Officer
| via Vigo Communications +44 (0)20 7390 0238 |
GCA Altium (Nominated Adviser) Phil Adams / Adrian Reed / Paul Lines
| +44 (0)845 505 4343 |
Berenberg (Broker) Chris Bowman / Toby Flaux / Marie-Agnes Stolberg
| +44 (0)20 3207 7800 |
Vigo Communications (Financial Public Relations) Jeremy Garcia / Fiona Henson / Charlie Neish team17@vigocomms.com | +44 (0)20 7390 0238 |
Notes to Editors
Founded in 1990, Team17 Group plc is a leading international video games label and creative partner for independent developers. The portfolio comprises over 100 games, including The Escapists, Genesis Alpha One, 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.
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 | Jo Jones | |
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 | Options over ordinary shares of 1 pence each
ISIN: GB00BYVX2X20 | |
b) | Nature of the transaction | Grant of options over 141,892 ordinary shares of 1 pence each | |
c) | Prices(s) and volume(s) | Price(s): | Volume(s) |
NIL | 141,892 | ||
d) | Aggregated information | Not applicable | |
e) | Date of transaction | 17 December 2018 | |
f) | Place of the transaction | London Stock Exchange | |
Team17 (TM17)