Everplay Group Issues Share Options to Key Executives and Directors

Team17 Group ( (GB:EVPL) ) just unveiled an update.

Everplay Group plc has announced the issuance of share options to its Group CFO/COO Rashid Varachia and its Non-Executive Directors as part of its Long Term Incentive Plan and Non-Executive Director Share Option Plan. The options are granted over a total of 149,837 Ordinary Shares with no exercise price, subject to performance criteria over the next three years. This move is aimed at aligning the interests of the management and directors with those of the shareholders, potentially impacting the company’s operational focus and market positioning by incentivizing key personnel to achieve strategic goals.

The most recent analyst rating on (GB:EVPL) stock is a Buy with a £3.10 price target. To see the full list of analyst forecasts on Team17 Group stock, see the GB:EVPL Stock Forecast page.

Spark’s Take on GB:EVPL Stock

According to Spark, TipRanks’ AI Analyst, GB:EVPL is a Outperform.

Team17 Group, now Everplay, exhibits strong financial performance with impressive profitability and cash flow management. The technical analysis supports a positive trend, while the valuation appears reasonable. The earnings call highlighted robust growth and strategic initiatives, despite challenges in new releases. Recent corporate events, including leadership changes and strategic partnerships, further bolster the company’s growth prospects.

To see Spark’s full report on GB:EVPL stock, click here.

More about Team17 Group

Everplay Group plc, formerly known as Team17 Group plc, is a prominent global independent games developer and publisher. The company operates through three divisions: Team17, astragon, and StoryToys. Team17 is renowned for its iconic indie games like Hell Let Loose, Worms, and Overcooked!. Astragon focuses on sophisticated working simulation games such as Construction Simulator and Police Simulator, appealing to a wide range of audiences. StoryToys specializes in educational entertainment apps for children under eight, featuring popular characters and stories from Disney and LEGO.

Average Trading Volume: 507,968

Technical Sentiment Signal: Buy

Current Market Cap: £442.3M

For a thorough assessment of EVPL stock, go to TipRanks’ Stock Analysis page.