Last checked at 16 May 2022 17:30
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 Mark Clubb / Matthew Moore | Telephone: +44 (0) 1534 877210
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Hannam & Partners (Financial Adviser to TEAM) Giles Fitzpatrick / Richard Clarke / Ernest Bell | Telephone: +44 20 7907 8500
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Canaccord Genuity Limited (Nominated Adviser and Broker to TEAM) Bobbie Hilliam / Alex Aylen | Telephone: +44 20 7523 8000
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Novella Communications (Financial Public Relations) Tim Robertson / Fergus Young | Telephone: +44 20 3151 7008
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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 Identification Code | Ordinary Shares of no par value ISIN: JE00BM90BX45 | ||||||
b) | Nature of the transaction(s) | Purchase of Ordinary Shares | ||||||
c) | Price(s) and volume(s) |
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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
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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.