Team17 Group (TM17)

Sector:

Leisure Products

Index:

FTSE AIM 100

385.00p
   
  • Change Today:
      9.00p
  • 52 Week High: 870.00
  • 52 Week Low: 372.00
  • Currency: UK Pounds
  • Shares Issued: 145.59m
  • Volume: 280,126
  • Market Cap: £560.53m

Team17 signs publishing deal for Tencent game 'Crown Trick'

By Josh White

Date: Thursday 16 Jul 2020

LONDON (ShareCast) - (Sharecast News) - Video games developer Team17 has signed a publishing agreement with Tencent Games' NExT Studios for its "roguelike adventure" Crown Trick, it announced on Thursday, launching on the PC and Nintendo Switch platforms later in the year.

The AIM-traded firm said that, following the launch of My Time at Portia and Neon Abyss, both of which were developed in China, Team17 said the new partnership with NExT Studios would see it leveraging its "unique blend" of commercial and game developer expertise to provide NExT with support to maximise the game's global appeal outside mainland China.

Crown Trick, a finalist in the Indie Prize Asia 2019 Awards, is set in a procedurally-generated maze-like dungeon, and is focussed on strategic, synchronous, turn-based gameplay where enemy decisions and actions are only revealed when players make their moves.

The game features hundreds of weapons, skills, and items to customise and evolve the combat style as the quest progresses.

"We are delighted to be building on our successful track record of attracting Chinese game developers to our games label and in Tencent Games' NExT, we have another high quality partner," said chief executive officer Debbie Bestwick.

"Our team is very excited to be working on Crown Trick and we look forward to helping to fully leverage our commercial and games developer expertise and continuing to grow the reputation of our games label in Asia."

At 1030 BST, shares in Team17 Group were up 6.28% at 599.4p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Team17 Group Market Data

Currency UK Pounds
Share Price 385.00p
Change Today 9.00p
% Change 2.39 %
52 Week High 870.00
52 Week Low 372.00
Volume 280,126
Shares Issued 145.59m
Market Cap £560.53m

Team17 Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.1% below the market average92.1% below the market average92.1% below the market average92.1% below the market average92.1% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average
Price Trend
81.5% below the market average81.5% below the market average81.5% below the market average81.5% below the market average81.5% below the market average
83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average83.33% below the sector average
Income Not Available
Growth
55.89% above the market average55.89% above the market average55.89% above the market average55.89% above the market average55.89% above the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average

What The Brokers Say

Strong Buy 7
Buy 0
Neutral 2
Sell 0
Strong Sell 1
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Team17 Group Dividends

No dividends found

Trades for 24-Jun-2022

Time Volume / Share Price
17:09 5,000 @ 385.00p
16:35 4,100 @ 385.00p
16:15 410 @ 385.10p
16:13 3,500 @ 385.00p
16:08 500 @ 390.00p

Team17 Group Key Personnel

CEO Deborah Jayne Bestwick
Chair Christopher Bell
CFO Mark Crawford

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