TEAM plc ( (GB:TEAM) ) has issued an update.
TEAM plc announced the issuance of 2,800,000 new ordinary shares at 10 pence per share to raise £0.28 million for working capital and general corporate purposes. The new shares will commence trading on AIM on or around 27 March 2025, increasing the total issued share capital to 61,540,022 shares, impacting shareholder calculations under FCA rules.
More about TEAM plc
TEAM plc operates in the wealth and asset management industry, providing complementary financial services. The company focuses on offering financial solutions and services to its clients, positioning itself within the financial services market.
YTD Price Performance: 15.00%
Average Trading Volume: 62,416
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £6.76M
Find detailed analytics on TEAM stock on TipRanks’ Stock Analysis page.