REG - Team PLC - Proposed Board Changes and Notice of AGM

TeamAnnouncement

20/03/2025 07:00

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RNS Number : 3617B  Team PLC  20 March 2025

20 March 2025

 

 

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

 

Proposed Board Changes and Notice of AGM

TEAM plc (AIM: TEAM), the wealth, asset management and complementary
financial services group, announces the following proposed Board changes and
notice of annual general meeting ("AGM").

Tim Hall is joining the Board as non-executive director. It is proposed that
he will be appointed immediately following the AGM on 7 April 2025.

Tim is currently Chairman of EPIC Markets LLP. He has a wealth of experience
in asset management, having served as chairman of Oriel Asset Management and
on the executive team of Martin Currie Investment Management Ltd. He is a
trustee of a number of Scottish charities, providing both investment and
governance advice.

At the AGM, David Turnbull, non-executive director, who has been with the
Company since IPO in 2021, will be stepping down from the Board and leaving
the Company.

Additionally, Matthew Moore, CFO, will be stepping down from the Board and
leaving the Company on 30 April 2025, to embark on new endeavours. The Company
is planning to appoint a new non-Board CFO in due course and a further
announcement will be made once details are available.

Mark Clubb, Chairman of TEAM said;

"We are incredibly grateful for Matthews's dedication and invaluable
contributions to TEAM Plc. His expertise was pivotal in guiding us through our
IPO and the strategic acquisitions that have shaped our growth. His experience
as a corporate CFO has been indispensable, and his steady leadership has left
a lasting impact. We wish him all the very best in his future endeavours and
every success in the next chapter of his career. Which again will prove to be
successful.

David Turnbull has played a significant role in shaping TEAM Asset
Management's multi-asset portfolio investment framework and process, bringing
invaluable insight and expertise to the development of our investment
approach. In addition to his contributions on the investment side, David has
been a trusted and sound advisor on TEAM Plc corporate matters, supporting our
strategic direction. We are grateful and we wish him all the very best. We
hope he will not be a stranger and look forward to staying in touch."

Notice of AGM

The Company is today posting the notice of its AGM to shareholders, to be held
at 6 Caledonia Pl, St Helier, Jersey JE2 3NG, Jersey on Monday 7 April 2025 at
2.00 p.m.

For further information, please contact:

 Team plc                                            Tel: +44 (0) 1534 877210
 Mark Clubb / Matthew Moore

 Strand Hanson (Nominated Advisor)                   Tel: +44 20 7409 3494
 Richard Johnson / James Spinney / David Asquith

 Novella Communications (Financial PR)               Tel: +44 20 3151 7008
 Tim Robertson / Safia Colebrook                     team@novella-comms.com (mailto:team@novella-comms.com)

Further information on the Company can be found on its website
at www.teamplc.co.uk (http://www.teamplc.co.uk/)

 

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