Team Plc · LSE:TEAM
Team — IPO Roadshow (June 2021)
13 slides from Team's IPO roadshow presentation, June 2021
Slide 1: TEAM PLC
TEAM PLC
Slide 2: Disclaimer – Important Information
Disclaimer – Important Information This document, which has been prepared by, and is the sole responsibility of, TEAM plc (the "Company"), has been prepared solely in connection with the proposed placing of new ordinary shares no par value in the capital of the Company (the "Placing Shares") and the
Slide 3: Management Team
MA NAGEMENT T EAM Our team has extensive experience in the UK and the offshore private client investment management market Mark Clubb Matthew Moore Executive Chairman Chief Financial Officer and Chief Operating Officer • Mark has enjoyed a 27 year career in M&A/investment • Matthew is an experienced
Slide 4: Transaction Summary
T R ANSAC TI ON S U MMA RY Company • TEAM plc Country of Incorporation • Jersey Stock Exchange • AIM, London Stock Exchange • Up to £5.3m, with capacity to accept oversubscriptions • £5.0m primary (new money) and £0.3m secondary (selling shareholder) Offer Proceeds • Cornerstone orders: – Institutio
Slide 5: The Investment Case / The Strategy
T h e I nvestment C a s e T h e S t r ate gy Opportunity to be an early stage investor in a new 1 Acquisition-driven strategy to consolidate the offshore listed wealth and asset management acquisition and onshore wealth and asset management market vehicle 2 Focus on delivering revenue and cost syner
Slide 6: The Market and M&A Opportunity
T H E MA R KET A ND M&A OPPORTUNI T Y • UK wealth management is a large and fragmented market with c. £2.0 trillion AUM • Jersey accounts of £600 billion of private wealth, £360 billion of funds and £1.2 trillion of custody • Many smaller DFMs are often founder-owned and managed and therefore suffer
Slide 7: The Platform
T H E PL A TFORM Theta Enhanced Asset Management foundation for buy-and-build capability TEAM plc • Executive team to run holdco plc, raise funding, execute acquisitions, oversee group • Theta acquired in January 2020 as the first acquisition for TEAM plc • Strong group of independent Non-Executives
Slide 8: Conclusion
C O NCLUS I ON An opportunity to be an early -stage investor backing an experienced management team with a scalable platform in the growing and consolidating wealth & asset management market UK onshore and offshore wealth and asset management is a highly fragmented and growing market that is in the
Slide 9: Appendices
TEAM PLC PPENDI CES
Slide 10: Experienced Board
E X PERI ENCED B O A RD Philip Taylor David Turnbull Michael Gray Independent Non-Executive Director and Senior Independent Non-Executive Director following Independent Non-Executive Director following Independent Director Admission Admission Philip joined the Board in January 2021. Philip has over
Slide 11: Regulatory Environment
R E GULATORY E NVI RONMENT • TEAM Jersey is currently regulated in Jersey by the JFSC. The JFSC is the independent regulatory authority Category Regulatory licences held by TEAM Jersey responsible for the regulation, supervision and development of Jersey’s financial services industry. As Investment
Slide 12: Shareholders
S H A REHOLDERS Name Pre-Admission Percentage of Number of Ordinary issued Ordinary Shares Shares Mark Clubb 3,034,902 37.77% Lance Trevellyan 839,844 10.45% Metropolitan Guarantee Limited 763,502 9.50% Quantum Field Dynamics Limited 534,476 6.65% Sally Mears 381,792 4.75% John Dixon 381,792 4.75% G
Slide 13: Financial Statements
F I NANCI AL S T ATEMENTS Income Statement Balance Sheet FY Sept FY Sept 9M to June £’000 £’000 Sept 2019 June 2020 2018 2019 2020 Non-current assets Revenue 937 829 713 Fixed assets 97 58 Deferred tax 31 43 Operating expenses (1,032) (899) (828) Investments - - 128 101 Current assets Interest payab