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) |
| ||||
| 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: 01534 861381 Tel: 01534 877210 |
|
Canaccord Genuity Limited (Nominated Adviser and Broker) |
|
| Bobbie Hilliam - NOMAD Alex Aylen / Jeremy Grime - Sales | Tel: 020 7523 8000 |
|
Novella Communications (Financial Public Relations) Tim Robertson / Fergus Young
|
Tel: 020 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.
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