TEAM plc (LON:TEAM), the international wealth, asset management and financial services group, has announced that, further to its announcement on 30 March 2026, the Group has completed the acquisition of eight (8) institutional quality investment mandates from EPIC Markets (UK) LLP. The total consideration for the acquisition is being satisfied through the issue of 6,301,237 new TEAM ordinary shares.
Application has been made to the London Stock Exchange for admission to trading on AIM for the 6,301,237 new Ordinary Shares detailed above, and Admission is expected to become effective and trading will commence in the new Ordinary Shares on or around 3 July 2026. 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.
Following Admission, the Company’s issued share capital will comprise of 121,237,082 Ordinary Shares, none of which are held in treasury. Accordingly, the figure of 121,237,082 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.
