REG - Team PLC - Issue of new TEAM shares and Total Voting Rights

TeamAnnouncement

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RNS Number : 9544X  Team PLC  24 March 2026

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE
OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE
A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION.

FOR IMMEDIATE RELEASE

24 March 2026

TEAM PLC

("Team" or the "Company")

ISSUE OF NEW TEAM SHARES AND TOTAL VOTING RIGHTS

Further to the Company's announcement earlier today that the Scheme has become
Effective in accordance with its terms and WH Ireland is now a wholly-owned
subsidiary of Team, application has been made for 47,360,408 New Shares to be
admitted to trading in connection with the Acquisition (the "New Team
Shares"). Admission of the New Team Shares is expected to become effective and
trading will commence in the New Team Shares at or around 8.00 a.m. on 25
March 2026.

Following the admission of the New Team Shares, Team's issued share capital
will comprise 109,700,430 ordinary shares of no par value in the Company, none
of which are held in treasury. Accordingly, the figure of 109,700,430 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.

All defined terms used herein shall have the meanings given to them in the
Scheme Document.

 

Enquiries:

 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 Birgrami
team@novella-comms.com

 

 

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