TEAM plc (GB:TEAM) has released an update.
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TEAM plc has successfully raised approximately £1.07 million through a new equity fundraise, including a Placing and Subscription, at 10 pence per share. The initiative is supported by strategic shareholders and offers retail investors participation via a WRAP Retail Offer. The funds will be directed towards financing deferred considerations and general corporate purposes.
For further insights into GB:TEAM stock, check out TipRanks’ Stock Analysis page.