Director/PDMR Shareholding

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 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	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price No. of shares 77 pence 25,000
d)	Aggregated information - Aggregated  volume - Price	N/a - single transaction
e)	Date of the transaction	26 August 2021
f)	Place of the transaction	London Stock Exchange, AIM

- Ends - 

Enquiries:     

TEAM
Mark Clubb - Executive Chairman Matthew Moore - CFO and COO	Tel: [phone] Tel: [phone]
Canaccord Genuity Limited (Nominated Adviser and Broker)
Bobbie Hilliam - NOMAD Alex Aylen / Jeremy Grime - Sales	Tel: [phone]
Novella Communications (Financial Public Relations) Tim Robertson / Fergus Young	Tel: [phone]

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.

 

END

 

 

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