REG - Team PLC - Acquisition

TeamAnnouncement

01/05/2026 07:01

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RNS Number : 6959C  Team PLC  01 May 2026

1 May 2026

TEAM PLC

("TEAM" or the "Company" or the "Group")

Completion of EPIC Funds Services (Guernsey) acquisition

 

TEAM plc (AIM: TEAM), the international wealth, asset management and
financial services group, is pleased to announce that, further to its
announcement on 30 March 2026, the Group has completed the acquisition of EPIC
Funds Services Guernsey Limited ("EPIC Guernsey"), a Guernsey-based fund
administration and fiduciary services business, regulated by the Guernsey
Financial Services Commission. The total consideration for the acquisition is
being satisfied through the issue of 5,235,415 new TEAM ordinary shares
("Ordinary Shares").

Application has been made to the London Stock Exchange for admission to
trading on AIM for the 5,235,415 new Ordinary Shares detailed above
("Admission"), and Admission is expected to become effective and trading will
commence in the new Ordinary Shares on or around 7 May 2026. The new Ordinary
Shares will be issued free of all liens, charges and encumbrances and will, on
Admission, rank pari passu in all respects with the Company's existing
Ordinary Shares.

Following Admission, the Company's issued share capital will comprise
of 114,935,845 Ordinary Shares, none of which are held in treasury.
Accordingly, the figure of 114,935,845 may be used by shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change to their interest in, the
share capital of the Company under the FCA's Disclosure Guidance and
Transparency Rules.

 

For further information, please contact:

 Team plc                                              + 44 (0) 1534 877210
 Mark Clubb

 H&P Advisory Limited (financial adviser to Team)      + 44 (0) 20 7907 8500
 Neil Passmore / Vladimir Volodko

 Strand Hanson (nominated adviser to Team)             + 44 (0) 20 7409 3494
 Richard Johnson / James Spinney / Harry Marshall

 Novella Communications (financial PR to Team)         +44 (0) 20 3151 7008
 Tim Robertson / Aeliya Bilgrami                       team@novella-comms.com (mailto:team@novella-comms.com)

 

 

 

 

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