REG - Team PLC - Total Voting Rights Update

TeamAnnouncement

29/01/2025 16:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250129:nRSc1705Va&default-theme=true

RNS Number : 1705V  Team PLC  29 January 2025

29 January 2025

 

 

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

 

Total Voting Rights update

 

Further to the Company's announcements in relation to its recent fundraising,
the Company notes that certain investors in the Subscription settled their
participation through the WRAP Retail Offer. Consequently, an aggregate
11,012,950 new Ordinary Shares have been subscribed pursuant to the Placing,
Subscription and WRAP Retail Offer, rather than 11,312,950 as previously
notified. Consequently, the Company's issued share capital comprises
50,786,157 Ordinary Shares.

 

Application has been made the London Stock Exchange to correct the total
number of Ordinary Shares admitted to trading on AIM, which is expected to
become effective on or around 31 January 2025. No Ordinary Shares  are held
in treasury. Accordingly, the figure of 50,786,157 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.

 

Terms used but not defined in this announcement have the same meaning as set
out in the Company's announcements released on 3 December 2024 and 23 December
2024.

For further information, please contact:

Enquiries to

 TEAM plc                                                                 +44 1534 877 210

 Mark Clubb, Executive Chair

 Matthew Moore, CFO and COO

 Strand Hanson (Nominated Adviser to TEAM)                                +44 207 409 3494

 Richard Johnson, James Spinney, David Asquith
 Oberon Capital (Broker to TEAM)                                          +44 20 3179 0500

 Michael Seabrook, Adam Pollock, Jessica Cave
 Novella Communications (Financial Public Relations)                      +44 20 3151 7008

 Tim Robertson, Claire de Groot, Safia Colebrook
 Hannam & Partners (Financial Adviser to TEAM)                            +44 20 7907 8500

 Giles Fitzpatrick, Richard Clarke

www.teamplc.co.uk
(https://url.avanan.click/v2/___http:/www.teamplc.co.uk___.YXAxZTpzaG9yZWNhcDphOm86NTBkODM5NDVhYzUyMjRjNDQwMTMyNWUyM2NkMjkwNDM6NjpmMGY2OmE3NmNlYjYzYmFhYjIwYzc2ODI1ZjkwYjQxODQ1ZjgwZjRhNGNiMWM4M2IwNTQ5Y2JlZWFmMjg2OGFjZWMyNWI6cDpU)
 

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  TVRFLFEELDIAFIE