TEAM Team Plc

TIDMTEAM

RNS Number : 9222J

Team PLC

26 August 2021

26 August 2021

TEAM plc

("TEAM" or the "Company")

Director/PDMR Shareholding

TEAM plc (AIM: TEAM), the recently listed wealth, asset management and complementary financial services group, announces Mark Clubb , Executive Chairman, has today purchased 25,000 ordinary shares in the Company at a price of 77 pence per share. Following this purchase of shares, he now holds 3,432,500 ordinary shares in the Company*, representing 19.8% of the Company's issued share capital.

*The Company notes that the RNS dated 10 August 2021 regarding Mr Clubb's previous share purchase did not update his total holding figure. This should have read 3,407,500.

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                Initial notification 
       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,            ISIN: JE00BM90BX45 
       type 
       of instrument 
       Identification 
       code 
     ---------------------  ----------------------------------------- 
 b)   Nature                 Purchase of ordinary shares 
       of the 
       transaction 
     ---------------------  ----------------------------------------- 
 c)   Price(s)                Price       No. of 
       and volume(s)                        shares 
                               77 pence    25,000 
                                          -------- 
     ---------------------  ----------------------------------------- 
 d)   Aggregated 
       information             N/a - single transaction 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ----------------------------------------- 
 e)   Date                   26 August 2021 
       of the 
       transaction 
     ---------------------  ----------------------------------------- 
 f)   Place                  London Stock Exchange, AIM 
       of the 
       transaction 
     ---------------------  ----------------------------------------- 
 

- Ends -

Enquiries:

 
 TEAM 
 Mark Clubb - Executive Chairman          Tel: 01534 
  Matthew Moore - CFO and COO              861381 
                                           Tel: 01534 
                                           877210 
 
   Canaccord Genuity Limited (Nominated 
   Adviser and Broker) 
 Bobbie Hilliam - NOMAD                   Tel: 020 7523 
  Alex Aylen / Jeremy Grime - Sales        8000 
 
   Novella Communications (Financial        Tel: 020 3151 
   Public Relations)                        7008 
   Tim Robertson / Fergus Young 
 

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.

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END

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(END) Dow Jones Newswires

August 26, 2021 08:10 ET (12:10 GMT)

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