Issue of Equity
Team plc is issuing 200,000 new Ordinary Shares, expected to be admitted to trading on AIM around December 24, 2025, as part of staff bonuses for the financial year ending September 30, 2024. Following this issuance, the Company's total issued share capital will be 62,340,022 Ordinary Shares, with no shares held in treasury, a figure shareholders can use for notification calculations under FCA rules.
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Team plc ("TEAM" or the "Company"), the wealth, asset management and complementary financial services group, announces that it is issuing 200,000 new Ordinary Shares in connection with share bonuses awarded to staff in relation to the financial year ending 30 September 2024.
Application has been made to the London Stock Exchange for admission to trading on AIM for the 200,000 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 24 December 2025. 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.
Rule 2.9 disclosure
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.