REG - Team PLC - Director/PDMR Shareholding

TeamAnnouncement

16/05/2022 17:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220516:nRSP6768La&default-theme=true

RNS Number : 6768L  Team PLC  16 May 2022

16 May 2022

TEAM plc

("TEAM" or the "Company")

Director/PDMR Shareholding

TEAM plc (AIM: TEAM), the wealth, asset management and complementary financial
services group, announces Mark Clubb, Executive Chairman, purchased 29,928
ordinary shares in the Company at an average price of 60.42 pence per share on
12 May 2022.

Following this purchase of shares and Mr Clubb's subscription as part of the
fundraise announced on 12 May 2022, he now holds 3,733,746 ordinary shares in
the Company, representing 16.99% of the Company's issued share capital.

Enquiries:

 

 TEAM plc                                           Telephone: +44 (0) 1534 877210

 Mark Clubb / Matthew Moore
 Hannam & Partners                                  Telephone: +44 20 7907 8500

 (Financial Adviser to TEAM)

 Giles Fitzpatrick / Richard Clarke / Ernest Bell
 Canaccord Genuity Limited                          Telephone: +44 20 7523 8000

 (Nominated Adviser and Broker to TEAM)

 Bobbie Hilliam / Alex Aylen
 Novella Communications                             Telephone: +44 20 3151 7008

 (Financial Public Relations)

 Tim Robertson / Fergus Young

 

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
 b)  Position / status                                            Executive Chairman
 c)  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  Ordinary Shares of no par value

     Identification Code                                          ISIN: JE00BM90BX45
 b)  Nature of the transaction(s)                                 Purchase of Ordinary Shares
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)
                                                                  60 pence  27,428
                                                                  65 pence  2,500

 
 d)  Aggregated information

     -  Aggregated volume                                         29,928

     -  Price                                                     60.42 pence
 e)  Date of the transaction                                      12 May 2022
 f)  Place of the transaction                                     London Stock Exchange, AIM

 

d)

Aggregated information

-  Aggregated volume

-  Price

 

29,928

60.42 pence

e)

Date of the transaction

12 May 2022

f)

Place of the transaction

London Stock Exchange, AIM

 

 

- Ends -

Information on TEAM

TEAM plc is building a new wealth, asset management and complementary
financial services group. With a focus on the UK, Crown Dependencies and
International Finance Centres, the strategy is to build local businesses of
scale around TEAM plc's core skill of providing investment management
services. Growth will be achieved via targeted and opportunistic acquisitions,
through team and individual hires, through collaboration with suitable
partners, and organic growth and expansion.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHFLFLREDIRLIF