7 November
2024
("TEAM",
the "Company" or the "Group")
Holding(s) in Company - New Strategic Holder
TEAM plc Welcomes Salus Alpha
Financial Services AG as New Strategic
Shareholder
TEAM plc (AIM: TEAM), a Jersey-based financial
services company, is pleased to announce a significant change in
its shareholder structure. Salus Alpha Financial Services AG
("SAFSAG"), a Liechtenstein-based investment firm, has acquired a
substantial holding in TEAM plc, representing an 8.9% stake in the
Company.
This
strategic market acquisition underlines SAFSAG's
commitment to TEAM plc and its confidence in the Company's growth
trajectory. The transaction further aligns TEAM plc with a
long-term oriented investor with a deep understanding of the
financial services sector. SAFSAG's investment is expected to
support TEAM plc's vision of delivering value and growth to its
clients, shareholders, and stakeholders.
Commenting on the acquisition, TEAM
plc Executive Chairman, Mark Clubb said:
"We are excited to welcome SAFSAG as
a valued shareholder. Their commitment as a long-term investor
highlights their belief in TEAM plc's potential, and we look
forward to working together to enhance value for our stakeholders.
This addition marks an important milestone in our strategic
journey, as SAFSAG's expertise and insight into financial markets
will contribute to TEAM plc's ongoing success."
SAFSAG's investment strengthens TEAM
plc's shareholder base as the Company continues to develop its
services and expand its reach. The addition of SAFSAG reinforces
TEAM plc's mission of becoming a leading financial services
provider while maintaining sustainable growth and
profitability.
About TEAM plc
TEAM plc is a Jersey-based financial
services company specializing in wealth and asset management. With
a strong commitment to client-centered solutions and a
forward-thinking approach to financial planning, TEAM plc is
dedicated to delivering consistent, long-term value.
About Salus Group
Salus Alpha is a collective wealth
management company based in Liechtenstein and Luxembourg, featuring
a proprietary digital investment platform. Specializing in
comprehensive solutions for independent asset managers,
distribution partners and investors, Salus Alpha combines
regulatory expertise with advanced technology for modern portfolio
management across the European region and beyond.
Enquiries to
|
TEAM plc
Mark Clubb, Executive
Chair
Matthew Moore, CFO and
COO
|
+44 1534 877 210
|
|
Strand Hanson (Nominated
Adviser to TEAM)
Richard Johnson, James Spinney,
David Asquith
|
+44 207 409 3494
|
|
Oberon Capital (Broker to
TEAM)
Michael Seabrook, Adam Pollock,
Jessica Cave
|
+44 20 3179 0500
|
|
Novella Communications (Financial Public Relations)
Tim Robertson, Claire de Groot,
Safia Colebrook
|
+44 20 3151 7008
|
|
Hannam & Partners (Financial Adviser to TEAM)
Giles Fitzpatrick, Richard
Clarke
|
+44 20 7907 8500
|
www.teamplc.co.uk
TR-1: Standard form for notification
of major holdings
|
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and
to the FCA in Microsoft Word format if possible)
i
|
|
|
|
1a.
Identity of the issuer or the underlying issuer of existing shares
to which voting rights are attached ii:
|
Team
plc
|
|
1b.
Please indicate if the issuer is a non-UK issuer
(please mark with an "X" if
appropriate)
|
|
Non-UK issuer
|
X
|
|
2.
Reason for the notification (please
mark the appropriate box or boxes with an "X")
|
|
An acquisition or disposal of voting
rights
|
X
|
|
An acquisition or disposal of
financial instruments
|
|
|
An event changing the breakdown of
voting rights
|
|
|
Other (please specify)
iii:
|
|
|
3.
Details of person subject to the notification
obligation iv
|
|
Name
|
STRATEGIC VENTURES PRIVATE EUROPE
LTD
|
|
City and country of registered office
(if applicable)
|
Tortola, BVI
|
|
4.
Full name of shareholder(s) (if
different from 3.) v
|
|
Name
|
|
|
City and country of registered office
(if applicable)
|
|
|
5.
Date on which the threshold was crossed or reached
vi:
|
6th November
2024
|
|
6.
Date on which issuer notified
(DD/MM/YYYY):
|
6th November
2024
|
|
7.
Total positions of person(s) subject to the notification
obligation
|
|
|
% of
voting rights attached to shares (total of 8. A)
|
%
of voting rights through
financial instruments
(total of 8.B 1 + 8.B 2)
|
Total of
both in % (8.A + 8.B)
|
Total number of voting rights held in
issuer (8.A + 8.B) vii
|
|
Resulting situation on the date on
which threshold was crossed or reached
|
0%
|
|
|
0
|
|
Position of previous notification
(if
applicable)
|
10.84%
|
|
|
|
|
|
|
|
|
|
| |
|
8.
Notified details of the resulting situation on the date on which
the threshold was crossed or reached
viii
|
|
A:
Voting rights attached to shares
|
|
Class/type of
shares
ISIN code (if possible)
|
Number of voting rights ix
|
% of
voting rights
|
|
Direct
(DTR5.1)
|
Indirect
(DTR5.2.1)
|
Direct
(DTR5.1)
|
Indirect
(DTR5.2.1)
|
|
JE00BM90BX45
|
0
|
|
0%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SUBTOTAL 8. A
|
|
|
|
|
|
B 1:
Financial Instruments according to DTR5.3.1R (1)
(a)
|
|
Type
of financial instrument
|
Expiration
date x
|
Exercise/
Conversion Period xi
|
Number of voting rights that may be acquired if the instrument
is
exercised/converted.
|
% of
voting rights
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SUBTOTAL 8. B 1
|
|
|
|
|
|
B 2:
Financial Instruments with similar economic effect according to
DTR5.3.1R (1) (b)
|
|
Type
of financial instrument
|
Expiration
date x
|
Exercise/
Conversion Period xi
|
Physical or cash
Settlement xii
|
Number of voting rights
|
% of
voting rights
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SUBTOTAL 8.B.2
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
9.
Information in relation to the person subject to the notification
obligation (please mark
the
applicable box with an
"X")
|
|
Person subject to the notification
obligation is not controlled by any natural person or legal entity
and does not control any other undertaking(s) holding directly or
indirectly an interest in the (underlying) issuer
xiii
|
|
|
Full chain of
controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held starting with the
ultimate controlling natural person or legal entity (please add additional rows as necessary)
xiv
|
|
|
Name
xv
|
% of voting rights if it
equals or is higher than the notifiable threshold
|
% of voting rights through
financial instruments if it equals or is higher than the notifiable
threshold
|
Total of both if it equals or
is higher than the notifiable threshold
|
|
Strategic Venture Private Europe
Limited
|
|
|
|
|
Urs Thomas Christen
|
|
|
|
|
Patrick Leotard-Vogt
|
|
|
0%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
10.
In case of proxy voting, please identify:
|
|
Name of the proxy holder
|
|
|
The number and % of voting rights
held
|
|
|
The date until which the voting
rights will be held
|
|
|
|
|
11.
Additional information xvi
|
|
|
|
|
|
|
| |
|
Place of completion
|
London
|
|
Date
of completion
|
6th November
2024
|
TR-1: Standard form for notification
of major holdings
|
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and
to the FCA in Microsoft Word format if possible)
i
|
|
|
|
1a.
Identity of the issuer or the underlying issuer of existing shares
to which voting rights are attached ii:
|
Team plc
|
|
1b.
Please indicate if the issuer is a non-UK
issuer (please mark with an
"X" if appropriate)
|
|
Non-UK issuer
|
X
|
|
2.
Reason for the notification (please
mark the appropriate box or boxes with an "X")
|
|
An acquisition or disposal of voting
rights
|
X
|
|
An acquisition or disposal of
financial instruments
|
|
|
An event changing the breakdown of
voting rights
|
|
|
Other (please specify)
iii:
|
|
|
3.
Details of person subject to the notification
obligation iv
|
|
Name
|
Salus Alpha Financial Services
AG
|
|
City and country of registered office
(if applicable)
|
Industriering 3, 9491 Ruggell,
Liechtenstein
|
|
4.
Full name of shareholder(s) (if
different from 3.) v
|
|
Name
|
|
|
City and country of registered office
(if applicable)
|
|
|
5.
Date on which the threshold was crossed or reached
vi:
|
6th November
2024
|
|
6.
Date on which issuer notified (DD/MM/YYYY):
|
6th November
2024
|
|
7.
Total positions of person(s) subject to the notification
obligation
|
|
|
% of voting rights attached to shares
(total of 8. A)
|
% of voting rights through financial
instruments
(total of 8.B 1 + 8.B 2)
|
Total of both in % (8.A +
8.B)
|
Total number of voting rights held in
issuer (8.A + 8.B) vii
|
|
Resulting situation on the date on
which threshold was crossed or reached
|
8.9%
|
|
|
3,519,711
|
|
Position of previous notification
(if
applicable)
|
0%
|
|
|
|
|
|
|
|
|
|
| |
|
8.
Notified details of the resulting situation on the date on which
the threshold was crossed or reached
viii
|
|
A:
Voting rights attached to shares
|
|
Class/type of
shares
ISIN code (if possible)
|
Number of voting rights ix
|
% of
voting rights
|
|
Direct
(DTR5.1)
|
Indirect
(DTR5.2.1)
|
Direct
(DTR5.1)
|
Indirect
(DTR5.2.1)
|
|
JE00BM90BX45
|
3,519,711
|
|
8.9%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SUBTOTAL 8. A
|
3,519,711
|
8.9%
|
|
|
|
B 1:
Financial Instruments according to DTR5.3.1R (1)
(a)
|
|
Type
of financial instrument
|
Expiration
date x
|
Exercise/
Conversion Period xi
|
Number of voting rights that may be acquired if the instrument
is
exercised/converted.
|
% of
voting rights
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SUBTOTAL 8. B 1
|
|
|
|
|
|
B 2:
Financial Instruments with similar economic effect according to
DTR5.3.1R (1) (b)
|
|
Type
of financial instrument
|
Expiration
date x
|
Exercise/
Conversion Period xi
|
Physical or cash
Settlement xii
|
Number of voting rights
|
% of
voting rights
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SUBTOTAL 8.B.2
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
9.
Information in relation to the person subject to the notification
obligation (please mark
the
applicable box with an
"X")
|
|
Person subject to the notification
obligation is not controlled by any natural person or legal entity
and does not control any other undertaking(s) holding directly or
indirectly an interest in the (underlying) issuer
xiii
|
|
|
Full chain of
controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held starting with the
ultimate controlling natural person or legal entity (please add
additional rows as necessary) xiv
|
|
|
Name xv
|
% of
voting rights if it equals or is higher than the notifiable
threshold
|
% of
voting rights through financial instruments if it equals or is
higher than the notifiable threshold
|
Total of both if it equals or is higher than the notifiable
threshold
|
|
Salus Alpha Financial Services
AG
|
|
|
|
|
CEO: Christopher Roos
|
|
|
|
|
Chairman:
Dominik A. Lener
|
|
|
|
|
Patrick Leotard-Vogt
|
|
8.9%
|
8.9%
|
|
|
|
|
|
|
|
|
10.
In case of proxy voting, please identify:
|
|
Name of the proxy holder
|
|
|
The number and % of voting rights
held
|
|
|
The date until which the voting
rights will be held
|
|
|
|
|
11.
Additional information xvi
|
|
|
|
|
|
|
| |
|
Place of completion
|
Industriering 3, 9491 Ruggell,
Liechtenstein
|
|
Date
of completion
|
6th November
2024
|
