Director/PDMR Shareholding

RNS Number : 6010L

Team PLC

16 May 2022

 

16 May 2022

TEAM PLC

("TEAM" or the "Company")

Director/PDMR Shareholdings

TEAM plc (AIM: TEAM), the wealth, asset management and complementary financial services group , announces that the following Directors have subscribed for a total of 309,518 New Ordinary Shares at the Subscription Price of 60 pence pursuant to the Subscription, as detailed below:

Director	Role	No. of New Ordinary Shares held prior to the Fundraise	No. of New Ordinary Shares subscribed for	No. of Ordinary Shares held on Admission	Resultant % of ISC
Mark Clubb	Executive Chair	3,452,500	251,318	3,703,818	16.8%
Philip Taylor	Non-Executive Director	17,045	16,600	33,645	0.15%
David Turnbull	Non-Executive Director	17,045	16,600	33,645	0.15%
Michael Gray	Non-Executive Director	22,727	25,000	47,727	0.22%

The Directors participation is in line with that announced in the Fundraising announcement of 12 May 2022. Terms and definitions used in this announcement shall have the same meaning as ascribed to them in the Fundraising announcement, unless the context requires otherwise.

Enquiries:   

TEAM plc Mark Clubb - Executive Chairman Matthew Moore - CFO and COO	Tel: [phone]
Canaccord Genuity Limited (Nominated Adviser and Broker) Bobbie Hilliam - NOMAD Alex Aylen - Sales	Tel: [phone]
Hannam & Partners (Financial Advisor) Giles Fitzpatrick / Richard Clarke / Ernest Bell	Tel: [phone]
Novella Communications (Financial Public Relations) Tim Robertson / Fergus Young	Tel: [phone]

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

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 pursuant to the subscription
c)	Price(s) and volume(s)	Price No. of shares 60p 251,318
d)	Aggregated information - Aggregated  volume - Price	n/a single transaction
e)	Date of the transaction	12 May 2022
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Philip Taylor
2	Reason for the notification
a)	Position/status	Non-Executive Director
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 pursuant to the subscription
c)	Price(s) and volume(s)	Price No. of shares 60p 16,600
d)	Aggregated information - Aggregated  volume - Price	n/a single transaction
e)	Date of the transaction	12 May 2022
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	David Turnbull
2	Reason for the notification
a)	Position/status	Non-Executive Director
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 pursuant to the subscription
c)	Price(s) and volume(s)	Price No. of shares 60p 16,600
d)	Aggregated information - Aggregated  volume - Price	n/a single transaction
e)	Date of the transaction	12 May 2022
f)	Place of the transaction	London Stock Exchange, AIM

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Michael Gray
2	Reason for the notification
a)	Position/status	Non-Executive Director
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 pursuant to the subscription
c)	Price(s) and volume(s)	Price No. of shares 60p 25,000
d)	Aggregated information - Aggregated  volume - Price	n/a single transaction
e)	Date of the transaction	12 May 2022
f)	Place of the transaction	London Stock Exchange, AIM

- Ends -

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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