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: +44 (0) 1534 877210
|
|
| |
| Canaccord Genuity Limited (Nominated Adviser and Broker) Bobbie Hilliam - NOMAD Alex Aylen - Sales | Tel: +44 20 7523 8000 |
| Hannam & Partners (Financial Advisor) Giles Fitzpatrick / Richard Clarke / Ernest Bell | Tel: +44 20 7907 8500 |
| Novella Communications (Financial Public Relations) Tim Robertson / Fergus Young | Tel: +44 20 3151 7008
|
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) |
| ||||
| 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) |
| ||||
| 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) |
| ||||
| 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) |
| ||||
| 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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