27 June 2024
("TEAM",
the "Company" or the "Group")
Issue of
Equity
TEAM plc (AIM: TEAM), the wealth, asset management and
complementary financial services group, announces
the issue of 125,000 new
ordinary shares of 0.1 pence each in the Company ("Ordinary Shares"), pursuant to a direct
subscription at a of 20 pence per share, being the Company's most
recent fundraising price.
AIM Application
Application has been made to the
London Stock Exchange for admission to trading on AIM for the
125,000 new Ordinary Shares detailed above ("Admission"), and Admission is expected
to become effective and trading will commence in the new Ordinary
Shares on or around [3] July 2024. The new Ordinary Shares will be
issued free of all liens, charges and encumbrances and will, on
Admission, rank pari passu in all respects with the Company's
existing Ordinary Shares.
Total Voting Rights
Following Admission, the Company's
issued share capital will comprise of 39,679,514 Ordinary Shares,
none of which are held in treasury. Accordingly, the figure of
39,679,514 may be used by shareholders as the denominator for the
calculations by which they will determine if they are required to
notify their interest in, or a change to their interest in, the
share capital of the Company under the FCA's Disclosure Guidance
and Transparency Rules.
For
further information, please contact:
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Team plc
|
Tel: +44 (0) 1534 877210
|
|
Mark Clubb / Matthew
Moore
|
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Strand Hanson (Nominated
Advisor)
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Tel: +44 20 7409 3494
|
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Richard Johnson / James Spinney /
David Asquith
|
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Oberon Capital (Joint Broker to TEAM)
Michael Seabrook, Adam Pollock,
Jessica Cave
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Tel: +44 20 3179 0500
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Hannam & Partners (Financial Advisor to TEAM)
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Tel: +44 20 7907 8500
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Giles Fitzpatrick / Ernest Bell /
Richard Clarke
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Novella Communications (Financial PR)
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Tel: +44 20 3151 7008
|
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Tim Robertson / Safia
Colebrook
|
team@novella-comms.com
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Further information on the Company
can be found on its website at www.teamplc.co.uk
