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Team plc extends retail offer deadline

Published 12/09/2024, 11:46 AM
TEAM
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LONDON - TEAM plc, a group specializing in wealth, asset management, and complementary financial services, has announced an extension to the closing date of its Retail Offer for existing retail shareholders. The offer, initially set to close on Monday, has been extended to 4.30 p.m. on December 11, 2024.

This extension follows an earlier communication on December 3, 2024, and does not affect the applications already submitted, which remain binding. The company has not made any other changes to the offer's timetable.

Retail brokers who are interested in participating on behalf of existing retail shareholders have been advised to contact Winterflood Securities, the operator of the WRAP Retail Offer, for further information.

TEAM plc has emphasized that the Retail Offer is not an open public offering and is specifically targeted at qualifying UK shareholders, in accordance with the Financial Services and Markets Act 2000. The shares involved in the Retail Offer have not been registered under the US Securities Act of 1933 and are not intended for distribution in the United States or other jurisdictions where such an offer would violate local laws.

The company has not disclosed the reasons for the Retail Offer extension. It is important for investors to note that past performance of shares is not indicative of future results and that the value of investments can fluctuate.

The announcement makes it clear that the information provided is based solely on the company's press release statement and should not be interpreted as an offer or solicitation in any jurisdiction where it would be unauthorized or unlawful to do so.

Investors and shareholders are advised to consider their options carefully and consult with financial advisors if necessary before the new closing date of the Retail Offer.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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