Motion graphics template import error even though Adobe apps are up-to-date

Hello

I am trying to use a MGT Media Transitions by Ani-Mark on Envato Elements

I have installed the template as per the instruction video, but when I drag it to the timeline I get this error message:

I have ensured both my Premiere Pro and After Effects are up-to-date (both are 22.2 versions). Does the error mean I have to install an older version of my Adobe apps for this to work??

I cannot find any other ways to get around this error. Any help would be much appreciated please