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Pin to quick picksTeam Regulatory News (TEAM)

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16.50    0.00 (0.00%)
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Spread: 1.00 (6.25%)
Market Cap: £18.10m
TEAM Live PriceLast checked at - London Stock Exchange

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Director/PDMR Shareholding

6 Jun 2023 07:00

RNS Number : 7196B
Team PLC
06 June 2023
 

06 June 2023

 

TEAM plc 

("TEAM" or the "Company")    

Director/PDMR Shareholding

TEAM plc (AIM: TEAM), the wealth, asset management and complementary financial services group, announces that it was informed yesterday that Mark Clubb, Executive Chairman, purchased 47,500 ordinary shares in the Company at an average price of 40.95 pence per share on 05 June 2023.

Following this purchase Mr Clubb now holds 3,838,000 ordinary shares in the Company, representing 17.46% of the Company's issued share capital.

 

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)

Price(s)

Volume(s)

40.95 pence

47,500

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

05 June 2023

f)

Place of the transaction

London Stock Exchange, AIM

 

 

- Ends -

Enquiries

 

TEAM plc

Mark Clubb / Matthew Moore

Telephone: +44 (0) 1534 877210

 

Hannam & Partners

(Financial Adviser to TEAM)

Giles Fitzpatrick / Richard Clarke / Ernest Bell

Telephone: +44 20 7907 8500

 

Shore Capital

(Nominated Adviser and Broker to TEAM)

Tom Griffiths/Iain Sexton (Corporate Advisory)

Telephone: +44 20 7408 4090

 

Novella Communications

(Financial Public Relations)

Tim Robertson / Safia Colebrook

Telephone: +44 20 3151 7008

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.

www.teamplc.co.uk

 

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 or visit 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.
 
END
 
 
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