TEAM plc raises £136,300 in WRAP Retail Offer, plans Share Issuance

TEAM plc (LON:TEAM), the wealth, asset management and complementary financial services group, has announced the result of the WRAP Retail Offer, which has now closed.

The Company is pleased to announce that it has raised gross proceeds of £136,300 at 20 pence per share. The Company confirms it will issue a total of 681,500 new Ordinary Shares at the Issue Price pursuant to the WRAP Retail Offer, subject to obtaining Shareholder approval as detailed below.

In total, the Placing, Subscription and the WRAP Retail Offer have raised aggregate gross proceeds of £1,246,300 for the Company, via the Placing and Subscription of 5,550,000 Placing and Subscription Shares and the 681,500 WRAP Retail Offer Shares.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Team plc

More articles like this

Team plc

The benefits of a professional financial consultation

Imagine having a financial advisor who truly understands your unique financial situation, goals, and concerns. That’s exactly what you get with a professional consultation. Contrary to popular belief, most financial advisors offer these initial consultations without

Team plc

Key Insurance Types in Financial Planning

When it comes to financial planning, different types of insurance serve different purposes. While critical illness insurance can be valuable, the importance of each insurance type may vary depending on a clients individual circumstances and priorities.

Team plc

Benefits of saving money early in life

Saving money earlier in life can have several advantages. Here are a few reasons why it is beneficial to start saving at a younger age: TEAM plc (LON:TEAM) is building a new wealth, asset management and complementary

Team plc

Challenges ahead for Europe’s economy

“The triple shock facing Europe’s economy” I will summarise and it aligns with my recent and past articles. TEAM plc (LON:TEAM) is building a new wealth, asset management and complementary financial services group. With a focus on

Team plc

First quarter ends strong for S&P 500 and FTSE 100

The first quarter of the year ended with a shortened trading week for investors before the long weekend for Easter, but that didn’t stop the major indices advancing on the week. The S&P 500 Index gained

Team plc

TEAM plc raises £1.11 million in fundraise

TEAM plc, the wealth, asset management and complementary financial services group, has confirmed that, further to its announcement on 28 March 2024, it has raised the full £400,000 pursuant to the Subscription. Including the Placing, the Fundraise

Team plc

US stock market: Bulls charging, but for how long?

The US stock market would appear to be on a rip. The bulls are clearly charging. But for how long? History would suggest longer than the bears think! Not that I’m great at predicting bear markets.