TEAM Team Plc

TIDMTEAM

RNS Number : 5031Z

Team PLC

24 May 2021

 
              21 May 2021 
 

TEAM plc

("TEAM" or the "Company")

Director Dealing

TEAM plc (AIM: TEAM), the Jersey based active fund management group, announces Mark Clubb, Executive Chairman, has today purchased 31,819 ordinary shares in the Company at a price of 75.9 pence per share. Following this purchase of shares, he now holds 3,384,902 ordinary shares in the Company, representing 20.44% 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 
     ---------------------------------------------------------------- 
 a)   Position/status                 Executive Chairman 
     -------------------------  ------------------------------------- 
 b)   Initial notification            Initial notification 
       /Amendment 
     -------------------------  ------------------------------------- 
 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                Ordinary Shares of no par value 
       of the financial 
       instrument, 
       type of instrument         ISIN: JE00BM90BX45 
       Identification 
       code 
     -------------------------  ------------------------------------- 
 b)   Nature of                  Purchase of ordinary shares 
       the transaction 
     -------------------------  ------------------------------------- 
 c)   Price(s) and                Price   No. of shares 
       volume(s)                   75.9p   31,819 
                                          -------------- 
     -------------------------  ------------------------------------- 
 d)   Aggregated 
       information 
       - Aggregated                Volume: 31,819 
       volume                      Price: 75.9p 
       - Price 
     -------------------------  ------------------------------------- 
 e)   Date of the                21 May 2021 
       transaction 
     -------------------------  ------------------------------------- 
 f)   Place of the               London Stock Exchange, AIM 
       transaction 
     -------------------------  ------------------------------------- 
 

- Ends -

Enquiries:

 
 TEAM 
 Mark Clubb - Executive Chairman                  Tel:01534 861381 
  Matthew Moore - CFO and COO                      Tel: 01534 877210 
 
   Canaccord Genuity Limited (Nominated Adviser 
   and Broker) 
 Bobbie Hilliam - NOMAD                           Tel: 020 7523 
  Alex Aylen / Jeremy Grime - Sales                8000 
 
   Hannam & Partners (Financial Advisor)            Tel: 020 7907 
   Giles Fitzpatrick / Richard Clarke / Ernest      8500 
   Bell 
 

About the Company:

TEAM is a Jersey based specialist, investment-led active fund manager providing discretionary and advisory portfolio management services to private clients and trusts.

TEAM's strategy is to grow into an internationally recognised wealth and asset management group. The TEAM Board believes that it has in place the right senior management team and the right financial firepower from its major institutional shareholders to deliver on this strategy and be a leading consolidator in the wealth management industry.

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END

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May 24, 2021 02:00 ET (06:00 GMT)

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