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 EPIC Funds Services Guernsey Limited (EPIC Guernsey), a Guernsey-based fund administration and fiduciary services business, regulated by the Guernsey Financial Services Commission. The total consideration for the acquisition is being satisfied through the issue of 5,235,415 new TEAM ordinary shares.
Application has been made to the London Stock Exchange for admission to trading on AIM for the 5,235,415 new Ordinary Shares detailed above, and Admission is expected to become effective and trading will commence in the new Ordinary Shares on or around 7 May 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 114,935,845 Ordinary Shares, none of which are held in treasury. Accordingly, the figure of 114,935,845 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.
