TEAM plc Issues 200,000 New Shares for Staff Bonuses, Lifts Share Capital to 62.34 Million

TEAM plc ( (GB:TEAM) ) just unveiled an update.

TEAM plc is issuing 200,000 new ordinary shares to satisfy share bonuses awarded to staff for the financial year ended 30 September 2024, reinforcing the use of equity-based incentives within its remuneration structure. The new shares are expected to begin trading on AIM around 24 December 2025, will rank pari passu with existing shares, and will take the company’s total issued share capital to 62,340,022 ordinary shares, a figure that will be used by investors for regulatory disclosure thresholds under UK takeover and transparency rules.

The most recent analyst rating on (GB:TEAM) stock is a Hold with a £22.50 price target. To see the full list of analyst forecasts on TEAM plc stock, see the GB:TEAM Stock Forecast page.

Spark’s Take on GB:TEAM Stock

According to Spark, TipRanks’ AI Analyst, GB:TEAM is a Neutral.

TEAM plc’s overall stock score is primarily impacted by its financial performance and technical analysis. The company’s strong revenue growth is overshadowed by profitability and cash flow challenges. Technical indicators suggest bearish momentum, and valuation metrics are unfavorable due to ongoing losses.

To see Spark’s full report on GB:TEAM stock, click here.

More about TEAM plc

TEAM plc is a wealth and asset management group providing complementary financial services, with its ordinary shares admitted to trading on AIM, the London Stock Exchange’s market for smaller, growth-focused companies. The firm focuses on serving investors through managed portfolios and related advisory services within the UK and Channel Islands financial services sector.

Average Trading Volume: 80,423

Technical Sentiment Signal: Hold

Current Market Cap: £17.09M

For detailed information about TEAM stock, go to TipRanks’ Stock Analysis page.