| | 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) |
| ||||
| 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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