Form 8 Opening Position Disclosure
Team PLC, acting as an offeror, has disclosed its opening position as of November 20, 2025, in relation to its own securities and those of WH Ireland Group PLC. The disclosure indicates that Team PLC itself holds no relevant securities, cash-settled derivatives, or stock-settled derivatives, and has no rights to subscribe for new securities. However, directors Mark Clubb and Philip Taylor hold interests in Team PLC ordinary shares, with Mark Clubb holding 4,787,939 shares representing 7.70% of the issued share capital, and Philip Taylor holding 258,645 shares representing 0.41%. There are no other disclosed interests or short positions among persons acting in concert with Team PLC, nor are there any indemnity, option, or derivative agreements.
Select text to share a quote on X · sign in to keep highlights & notes in your TEAM notes
Rules 8.1 and 8.2 of the Takeover Code (the "Code")
KEY INFORMATION
| (a) Full name of discloser: | TEAM PLC |
| (c) Name of offeror/ offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree | TEAM PLC |
| (d) Is the discloser the offeror or the offeree? | OFFEROR |
| (e) Date position held: The latest practicable date prior to the disclosure | 20 November 2025 |
| (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer? | YES If yes, specify which WH IRELAND GROUP PLC |
POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE
| Class of relevant security: | Ordinary of No Par Value | |||
| Interests | Short positions | |||
| Number | % | Number | % | |
| (1) Relevant securities owned and/or controlled: | Nil | Nil | Nil | Nil |
| (2) Cash-settled derivatives: | Nil | Nil | Nil | Nil |
| TOTAL: | Nil | Nil | Nil | Nil |
All interests and all short positions should be disclosed.
Rights to subscribe for new securities
| Class of relevant security in relation to which subscription right exists: | NONE |
| Details, including nature of the rights concerned and relevant percentages: | NONE |
- POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE
- Interests held by the directors of TEAM PLC, their close relatives and related trusts Name of Director Number of TEAM PLC ordinary shares held Percentage of issued share capital (excluding treasury shares) (%)* MARK CLUBB 4,787,939 7.70 PHILIP TAYLOR 258,645 0.41 *Figures shown to two decimal places (unrounded) (b) Interests held as options or award under the share plans of TEAM PLC by the directors of TEAM PLC and their close relatives and related trusts who are not exempt principal traders for the purposes of Rule 8 of the Code N/A (c) Interests and short positions held by connected advisors of TEAM PLC N/A (d) Interests of any other persons acting in concert with the Offeror N/A
- OTHER INFORMATION
- Indemnity and other dealing arrangements
NONE
- Agreements, arrangements or understandings relating to options or derivatives
NONE
Attachments
Are any Supplemental Forms attached?
| Supplemental Form 8 (Open Positions) | NO |
| Supplemental Form 8 (SBL) | NO |
| Date of disclosure: | 20 November 2025 |
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.
The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.