26 October 2022
TEAM plc
("TEAM" or the "Company")
Director/PDMR Shareholding
TEAM plc (AIM: TEAM), the wealth, asset management and complementary financial services group, announces that it was informed earlier today that Mark Clubb, Executive Chairman, purchased 11,750 ordinary shares in the Company at an average price of 56.86 pence per share on 25 October 2022.
Following this purchase Mr Clubb now holds 3,780,500 ordinary shares in the Company, representing 17.20% 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 | |||||
| b) | Position / status | Executive Chairman | ||||
| c) | 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
| ||||
| b) | Nature of the transaction(s) | Purchase of Ordinary Shares | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A - single transaction | ||||
| e) | Date of the transaction | 25 October 2022 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM
| ||||
- Ends -
Enquiries
TEAM plc
Mark Clubb / Matthew Moore
Telephone: +44 (0) 1534 877210
Hannam & Partners
(Financial Adviser to TEAM)
Giles Fitzpatrick / Richard Clarke / Ernest Bell
Telephone: +44 20 7907 8500
Shore Capital
(Nominated Adviser and Broker to TEAM)
Tom Griffiths/Iain Sexton (Corporate Advisory)
Telephone: +44 20 7408 4090
Novella Communications
(Financial Public Relations)
Tim Robertson / Safia Colebrook
Telephone: +44 20 3151 7008
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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