TEAM (AIM:TEAM), the international wealth, asset management and financial services group, has completed the acquisition of EPIC Funds Services Guernsey for consideration satisfied by the issue of 5.24m new shares.
The consideration was paid entirely by share issuance, increasing the Group's issued share capital to 114.94m shares, none held in treasury, and that figure may be used by shareholders as the denominator for FCA disclosure calculations.
EPIC Funds Services Guernsey is a Guernsey-based fund administration and fiduciary services business regulated by the Guernsey Financial Services Commission, and the completion follows TEAM's announcement of the transaction on 30 March.
