TEAM plc

Equities

TEAM

JE00BM90BX45

Investment Management & Fund Operators

Market Closed - London S.E. Other stock markets 11:35:27 2024-05-13 EDT			5-day change	1st Jan Change
19 ^GBX	0.00%		+5.56%	-46.48%

04-12	Team's retail offer closes having raising GBP136,300 in proceeds	AN
04-12	Team plc Raises GBP1.2 Million Via Retail Offer, Equity Raise	MT

Team raises GBP425,000 through issue of loan notes

September 28, 2023 at 12:30 pm

Team PLC - Jersey-based wealth and asset management firm - Raises GBP425,000 through the issue of unsecured loan notes to shareholders. Chair Mark Clubb and Chief Financial Officer & Chief Operating Officer Matthew Moore are subscribing for GBP150,000 and GBP25,000, respectively. Says the loan notes are repayable on December 31, 2024. The interest payable on the loan notes is 12%.

The proceeds of the loan notes will be used for additional working capital to support the integration of Globaleye Wealth Management Group which was bought by the company in June for GBP5.6 million. Globaleye is a Dubai-based wealth management firm.

Current stock price: 38.75 pence each, up 3.3% on Thursday afternoon in London

12-month change: down 37%

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Latest news about TEAM plc

Team's retail offer closes having raising GBP136,300 in proceeds	04-12	AN
Team plc Raises GBP1.2 Million Via Retail Offer, Equity Raise	04-12	MT
EARNINGS: Caledonian swings to loss; Altona Rare Earth loss widens	03-28	AN
EARNINGS AND TRADING: Northamber loss widens; Ethernity contract boost	03-28	AN
Earnings Flash (TEAM.L) TEAM Posts FY23 Revenue GBP5.3M	03-28	MT
Earnings Flash (TEAM.L) TEAM Posts FY23 Loss GBP-0.02	03-28	MT
TEAM plc Reports Earnings Results for the Full Year Ended September 30, 2023	03-28	CI
Team exchanges contracts on Homebuyer for GBP2.4 million	12-27	AN
Investment Manager Team to Buy Homebuyer Financial Services, Calls Off Thornton Associates Deal	12-27	MT
TEAM plc entered into an agreement to acquire Homebuyer Financial Services Limited for £2.4 million.	12-26	CI
TEAM plc cancelled the acquisition of Thornton Associates Ltd.	12-26	CI
Team PLC buys Neba Financial businesses for GBP1.2 million	12-12	AN
Team Acquires Neba Businesses for GBP1 Million	12-12	MT
TEAM plc acquired Neba Financial Solutions Limited and Neba Financial Solutions Private Limited for approximately £10.2 million from John Beverley.	12-11	CI
Team raises GBP425,000 through issue of loan notes	23-09-28	AN
Team plc Raises £4250,000 Via the Issue of Unsecured Loan Notes to Certain Existing Shareholders	23-09-28	CI
Team plc Buys Globaleye Wealth Management for GBP5.6 Million	23-06-01	MT
Team sees interim improvement; announces two new acquisitions	23-06-01	AN
Earnings Flash (TEAM.L) TEAM Reports Fiscal H1 Revenue GBP1.9M	23-06-01	MT
Earnings Flash (TEAM.L) TEAM Reports Fiscal H1 Loss GBX-2.30	23-06-01	MT
TEAM plc Reports Earnings Results for the Half Year Ended March 31, 2023	23-06-01	CI
TEAM plc agreed to acquire Thornton Associates Ltd for £2.5 million.	23-05-31	CI
TEAM plc acquired Globaleye for GBP 5.6 million.	23-05-31	CI
Certain Ordinary Shares of TEAM plc are subject to a Lock-Up Agreement Ending on 8-MAR-2023.	23-03-07	CI
UK shareholder meetings calendar - next 7 days	23-01-24	AN

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Company Profile

TEAM plc is a Jersey-based company, which is engaged in the provision of investment management services. The Company focuses on the United Kingdom, Crown Dependencies and International Finance Centers. Its segments include Investment and Fund Management (IFM) and Advisory and Consultancy (AC). The IFM provides discretionary investment management services, model portfolios, bespoke portfolios and fund management services via fixed income and equity fund vehicles. Its AC segment provides personal financial advice, investment consulting, and treasury advisory services. It provides treasury advisory services through JCAP Limited (JCAP). JCAP are treasury specialists, delivering technology-based solutions for the management of cash and counterparty risk. Its subsidiaries, Neba Financial Solutions Limited (Neba Wealth), a regulated network of financial advisors, and Neba Financial Solutions Private Limited (Neba Singapore) promote structured funds to independent financial advisors.

Sector

Investment Management & Fund Operators

Calendar

2024-05-16 - Q2 2024 Earnings Release (Projected)

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Sector Wealth Management

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Wealth Management

TEAM plc

Equities

TEAM

JE00BM90BX45

Investment Management & Fund Operators

Team raises GBP425,000 through issue of loan notes

Latest news about TEAM plc

Chart TEAM plc

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Sector Wealth Management