TIDMTEAM

RNS Number : 4605V

Team PLC

09 August 2022

9 August 2022

TEAM plc

("TEAM" or the "Company")

Director/PDMR Shareholding

TEAM plc (AIM: TEAM), the wealth, asset management and complementary financial services group, announces Mark Clubb, Executive Chairman, purchased 10,000 ordinary shares in the Company at an average price of 55.54 pence per share on 9 August 2022.

Following this purchase Mr Clubb now holds 3,768,750 ordinary shares in the Company, representing 17.15% of the Company's issued share capital.

Enquiries:

 
 TEAM plc                         Telephone: +44 (0) 1534 
  Mark Clubb / Matthew Moore       877210 
 Hannam & Partners                Telephone: +44 20 7907 
  (Financial Adviser to TEAM)      8500 
  Giles Fitzpatrick / Richard 
  Clarke / Ernest Bell 
 Canaccord Genuity Limited        Telephone: +44 20 7523 
  (Nominated Adviser and Broker    8000 
  to TEAM) 
  Bobbie Hilliam / Alex Aylen 
 Novella Communications           Telephone: +44 20 3151 
  (Financial Public Relations)     7008 
  Tim Robertson

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              Initial notification 
       / amendment 
     --------------------------------  --------------------------------- 
 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                    Ordinary Shares of no par value 
       the financial 
       instrument, type                  ISIN: JE00BM90BX45 
       of instrument 
       Identification 
       Code 
     --------------------------------  --------------------------------- 
 b)   Nature of the                     Purchase of Ordinary Shares 
       transaction(s) 
     --------------------------------  --------------------------------- 
 c)   Price(s) and volume(s)             Price(s)   Volume(s) 
                                         ---------  ---------- 
                                          54.90      5,000 
                                          55.00      2,500 
                                          57.00      500 
                                          58.00      250 
                                          57.92      250 
                                          57.28      1,500 
     --------------------------------  --------------------------------- 
 d)        Aggregated information 
             *    Aggregated volume      10,000 
                                          55.54 pence 
 
             *    Price 
     --------------------------------  --------------------------------- 
 e)   Date of the transaction           9 August 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.

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END

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(END) Dow Jones Newswires

August 09, 2022 11:45 ET (15:45 GMT)

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