Team17 changes names to everplay group

British video games developer Team17 has revealed it is changing its sanction to everplay group.

The radical down games including Worms said the rebrand reflects the “evolution” of the concern since its flotation successful 2018, arsenic good arsenic its “DNA to ne'er halt playing”.

The sanction alteration is acceptable to instrumentality effect officially successful aboriginal February.

Details of the program came arsenic the steadfast said yearly income and underlying net were acceptable to beryllium somewhat up of marketplace expectations acknowledgment to beardown Christmas trading, with a amended caller show from caller releases and coagulated backmost catalogue demand.

It added it has seen the “encouraging momentum” proceed into January.

Shares successful the steadfast surged much than 14% successful Thursday greeting trading aft the cheery update.

Chief enforcement Steve Bell said the caller sanction “better represents our concern which has evolved greatly since the archetypal nationalist offering and reflects our DNA to ne'er halt playing”.

He said: “This rebrand not lone creates an perfect backdrop to foster greater cross-collaboration internally, but besides reflects our aspirations to grow our scope crossed complementary sectors wrong the broader indie market.

“Fundamentally, we privation to make pioneering and captivating experiences that enrich and animate players astir the world, and I firmly judge everplay volition go synonymous with creating games that present a beingness of play.”