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TEAM PLC

Director's Dealing May 24, 2021

7954_dirs_2021-05-24_654d878d-8dd1-459e-b32d-a15dddbc3da0.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 5031Z

Team PLC

24 May 2021

21 May 2021

TEAM plc  

("TEAM" or the "Company")

Director Dealing

TEAM plc (AIM: TEAM), the Jersey based active fund management group, announces Mark Clubb, Executive Chairman, has today purchased 31,819 ordinary shares in the Company at a price of 75.9 pence per share. Following this purchase of shares, he now holds 3,384,902 ordinary shares in the Company, representing 20.44% 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

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
75.9p 31,819

d)

Aggregated information

- Aggregated      volume

- Price

Volume: 31,819

Price: 75.9p

e)

Date of the transaction

21 May 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
Hannam & Partners (Financial Advisor)

Giles Fitzpatrick / Richard Clarke / Ernest Bell
Tel: 020 7907 8500

About the Company:

TEAM is a Jersey based specialist, investment-led active fund manager providing discretionary and advisory portfolio management services to private clients and trusts.  

TEAM's strategy is to grow into an internationally recognised wealth and asset management group. The TEAM Board believes that it has in place the right senior management team and the right financial firepower from its major institutional shareholders to deliver on this strategy and be a leading consolidator in the wealth management industry.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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