Team Regulatory News (TEAM)

(a) Full name of discloser:

TEAM plc

(b) Owner or controller of interests and short positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and

beneficiaries must be named.

N/A

(c) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

TEAM plc (OFFEROR)

(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:

N/A

(e) Date position held/dealing undertaken:

For an opening position disclosure, state the latest practicable date prior to the disclosure

06/04/2021

(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?

If it is a cash offer or possible cash offer, state "N/A"

NO

Class of relevant security:

Ordinary Shares

Interests

Short positions

Number

%

Number

%

(1) Relevant securities owned and/or controlled:

Nil

Nil

(2) Cash-settled derivatives:

Nil

Nil

(3) Stock-settled derivatives

(including options) and agreements to purchase/sell:

Nil

Nil

TOTAL:

Nil

Nil

Class of relevant security in relation to which subscription right exists:

Details, including nature of the rights concerned and relevant percentages:

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

a) Beneficial holdings of the Directors of TEAM plc (including their close relatives) in its ordinary shares of no par value each

b) H&P Advisory Ltd is a concert party to TEAM plc as a connected adviser pursuant to the Code. Members and employees of Hannam hold the following interests in TEAM plc ordinary shares, which in aggregate represent 4.63 per cent. of the issued ordinary share capital of TEAM plc:

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

7 April 2021

Contact name:

Matthew Moore

Telephone number*:

0153 4877 210 (TEAM plc)