REG - Team PLC - Director Dealing

TeamAnnouncement

24/05/2021 07:05

RNS Number : 5031Z
  
Team PLC
  
24 May 2021
  
 








21 May 2021



 
TEAM plc  
("TEAM" or the "Company")
 
Director Dealing 
 
TEAM plc (AIM: TEAM), the Jersey based active fund management group, announces Mark Clubb, Executive Chairman, has today purchased 31,819 ordinary shares in the Company at a price of 75.9 pence per share. Following this purchase of shares, he now holds 3,384,902 ordinary shares in the Company, representing 20.44% of the Company's issued share capital.
 
The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
 



1


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Mark Clubb 




2


Reason for the notification




a)


Position/status


Executive Chairman 




b)
 


Initial notification /Amendment


Initial notification




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


TEAM plc 




b)


LEI


213800EP1CI5ANR7RP18 
 




4
 


Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted




a)
 


Description of the financial instrument, type of instrument
Identification code


Ordinary Shares of no par value 
 
 
ISIN: JE00BM90BX45




b)


Nature of the transaction


Purchase of ordinary shares




c)


Price(s) and volume(s)





Price


No. of shares




75.9p


31,819








d)


Aggregated information
- Aggregated      volume
- Price


 
 
Volume: 31,819
Price: 75.9p
 




e)


Date of the transaction


21 May 2021




f)


Place of the transaction


London Stock Exchange, AIM



 
- Ends -
 
 
Enquiries:  



TEAM








Mark Clubb - Executive Chairman
Matthew Moore - CFO and COO


Tel:01534 861381
Tel: 01534 877210




 
Canaccord Genuity Limited (Nominated Adviser and Broker)








Bobbie Hilliam - NOMAD
Alex Aylen / Jeremy Grime - Sales


Tel: 020 7523 8000




 
Hannam & Partners (Financial Advisor)
Giles Fitzpatrick / Richard Clarke / Ernest Bell


 
Tel: 020 7907 8500



 
 
About the Company:
TEAM is a Jersey based specialist, investment-led active fund manager providing discretionary and advisory portfolio management services to private clients and trusts.  
TEAM's strategy is to grow into an internationally recognised wealth and asset management group. The TEAM Board believes that it has in place the right senior management team and the right financial firepower from its major institutional shareholders to deliver on this strategy and be a leading consolidator in the wealth management industry.
 
 
 
 
 
 

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