TEAM Team Plc

TIDMTEAM

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.

 
       Details of the person discharging managerial responsibilities 
  1.    / person closely associated 
 a)    Name                             Mark Clubb 
      -------------------------------  -------------------------------- 
       Reason for the notification 
  2. 
      ----------------------------------------------------------------- 
 b)    Position / status                Executive Chairman 
      -------------------------------  -------------------------------- 
 c)    Initial notification             Initial notification 
        / amendment 
      -------------------------------  -------------------------------- 
       Details of the issuer , emission allowance market participant, 
  3.    auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------- 
 a)    Name                             TEAM plc 
      -------------------------------  -------------------------------- 
 b)    LEI                              213800EP1CI5ANR7RP18 
      -------------------------------  -------------------------------- 
       Details of the transaction(s): section to be repeated for 
  4.    (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               Ordinary Shares of no par value 
        financial instrument, 
        type of instrument               ISIN: JE00BM90BX45 
        Identification Code 
      -------------------------------  -------------------------------- 
 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      N/A - single transaction 
              *    Aggregated volume 
 
 
              *    Price 
      -------------------------------  -------------------------------- 
 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

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(END) Dow Jones Newswires

June 06, 2023 02:00 ET (06:00 GMT)

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