TM17 Team17 Group Plc

TIDMTM17

RNS Number : 8480R

Team17 Group PLC

31 October 2019

 
 For immediate release   31 October 2019 
 

Team17 Group plc

("Team17" or the "Company")

Directorate Change

Team17, a global games label, creative partner and developer of independent ("indie"), premium video games, announces that Chief Financial Officer ("CFO"), Jo Jones, is to leave the Company on 22 November 2019 to take up a new challenge with another business.

Team17 has commenced the process to appoint an interim CFO, who we expect to be in place by the time Jo Jones leaves on 22 November 2019. The Board will make a further announcement in due course.

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

"On behalf of the Board of Team17, I would like to thank Jo for her contribution to the Company and wish her every success in her future career."

For further information please contact:

 
 Team17 Group plc                                     via Vigo Communications 
  Debbie Bestwick MBE, Chief Executive Officer 
 GCA Altium (Nominated Adviser) 
  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 0233 
 

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.

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.

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