Team PLC - Director Dealing

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.

 

 

 

 

 

 

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