?> TEAM PLC - Salus Alpha Financial Services AG takes 8.9% stake - DirectorsTalk

TEAM PLC – Salus Alpha Financial Services AG takes 8.9% stake

TEAM plc, a financial services company based in Jersey, has announced a notable change in its shareholder structure with the addition of Salus Alpha Financial Services AG (SAFSAG), an investment firm from Liechtenstein. SAFSAG has acquired an 8.9% stake in TEAM plc, reflecting a substantial commitment to the company’s future. This move underscores SAFSAG’s confidence in TEAM plc’s growth and aligns the company with an investor that has a strong background in financial services.

TEAM plc’s Executive Chairman, Mark Clubb, welcomed SAFSAG’s involvement, highlighting that this partnership reinforces the company’s strategic aims. He expressed enthusiasm about the addition of SAFSAG’s expertise, noting that their insight and support would contribute to TEAM plc’s future success and bring additional value to clients, shareholders, and stakeholders alike.

The investment also bolsters TEAM plc’s shareholder base as it focuses on expanding its service offerings. SAFSAG’s backing strengthens TEAM plc’s vision to achieve sustainable growth and profitability within the financial services industry.

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

More articles like this

Team plc

Understanding tax reform and its impact

A senior international tax accountant has observed that staying in the UK may not be favourable for those with significant wealth, especially with current discussions about changes to tax laws. Mark Clubb, chairman of TEAM, emphasises

Team plc

Securing the future of a growing tech business

A growing tech start-up faced the challenge of protecting its operations from potential disruption if its 45-year-old Managing Director, Henry, were to become unable to work. As the founder and driving force behind the business, Henry’s

Team plc

UK tax changes threaten wealth migration

In recent discussions on tax reforms, the proposed removal of the non-domiciled (non-dom) status in the UK is generating considerable concern. Experts, including Mark Clubb of TEAM, caution that eliminating this status could create severe financial

Team plc

Tax reform threats for UK non-doms and business owners

The potential abolition of non-dom status has raised significant concerns among financial advisors and high-net-worth individuals residing in the UK. According to Mark Clubb, chairman of TEAM, a senior tax accountant has expressed apprehension, stating that

Team plc

Bull stampede in the 2024 financial markets

This week saw US stock indices continue their upward surge, with the Dow Jones Industrial, S&P 500, and Nasdaq each showing gains above 1%. The S&P 500 index, regarded as a key indicator, is experiencing its

Team plc

TEAM Plc’s strategic positioning for a strong 2024 finish

TEAM’s investment strategy focuses on aligning with medium to long-term trends and maintaining diversification through market cycles. Throughout the post-pandemic period, US equities, particularly mega-cap growth and technology stocks, have outperformed, and TEAM’s exposure has followed

Team plc

Rising funeral costs and how to plan for the future

In 2023, the total cost of dying in the UK saw a significant increase, rising by 5% to a staggering £9,658, the highest figure recorded. This surge has been largely attributed to the rising professional fees,

Team plc

Maximising retirement opportunities for expatriates in Dubai

NEBA Private Clients successfully assisted a British expatriate, Mr. S, in navigating his retirement planning when he relocated to Dubai. Before the move, Mr. S had established a well-respected career, participating in effective pension schemes at

Team plc

The allure of golden visas: A path to residency or citizenship

Golden visas present a unique opportunity for individuals to obtain residency or citizenship in a foreign country through financial investment. This option allows people to establish their lives abroad, whether for work, retirement, or simply a

Team plc

Optimism rises as US Federal Reserve signals policy shift

A recent statement by US Federal Reserve Chairman Jerome Powell has sparked a broad rally across risk assets. Powell’s comment, delivered at a central bankers’ symposium in Jackson Hole, Wyoming, highlighted a shift in the Fed’s