Transaction in Own Shares

Team Internet Group PLC

18 September 2024

 

18 September 2024
Team Internet Group plc
("Team Internet" or the "Company")
Transaction in Own Shares
Team Internet Group plc (AIM: TIG, OTCQX: TIGXF), the global internet company that generates recurring revenue from creating meaningful and successful connections: businesses to domains, brands to consumers, publishers to advertisers, announces that on 17 September 2024 it purchased 50,000 ordinary shares of £0.001 each in the Company (the "Repurchased Shares"), pursuant to the share buyback programme (the "Buyback Programme") that was announced on 9 September 2024, as follows (together the "Transaction"):
Date of purchase		17 September 2024
Number of ordinary shares purchased		50,000
Highest price paid per ordinary share		134.8 pence
Lowest price paid per ordinary share		131.8 pence
Volume weighted average price paid per ordinary share		132.9049 pence
Total Voting Rights
Following the Transaction, the issued share capital of the Company remains unchanged at 273,500,000 and the Company now holds 14,440,264 shares in treasury. The total voting rights in the Company is now 259,059,736 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Team Internet under the FCA's Disclosure Guidance and Transparency Rules.
The Company will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme.
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own ordinary shares by the Company, which were all executed through the Company's broker, Zeus Capital Limited, are set out below:
Schedule of Purchases:
Shares purchased:	Team Internet Group plc  (ISIN: GB00BCCW4X83)
Date of purchases:	17 September 2024
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
50,000	132.9049	London Stock Exchange
Individual transactions:
Volume	Price	Time
75	133.6000 pence	UK
222	133.4000 pence	UK
355	133.4000 pence	UK
153	133.4000 pence	UK
238	133.4000 pence	UK
236	133.4000 pence	UK
195	132.6000 pence	UK
1,022	132.6000 pence	UK
4	132.6000 pence	UK
4,819	133.4000 pence	UK
220	133.4000 pence	UK
251	133.4000 pence	UK
1,600	133.4000 pence	UK
610	133.4000 pence	UK
399	133.4000 pence	UK
1,600	133.4000 pence	UK
252	133.4000 pence	UK
250	133.4000 pence	UK
213	132.8000 pence	UK
238	132.8000 pence	UK
172	132.8000 pence	UK
246	132.8000 pence	UK
243	132.8000 pence	UK
235	132.8000 pence	UK
315	132.8000 pence	UK
307	132.8000 pence	UK
246	132.8000 pence	UK
377	132.8000 pence	UK
170	132.8000 pence	UK
3	132.8000 pence	UK
96	132.8000 pence	UK
242	132.8000 pence	UK
216	132.8000 pence	UK
655	132.0000 pence	UK
281	132.4000 pence	UK
800	132.4000 pence	UK
761	132.4000 pence	UK
206	132.4000 pence	UK
971	133.0000 pence	UK
56	133.0000 pence	UK
391	133.0000 pence	UK
1,766	133.0000 pence	UK
389	133.0000 pence	UK
1,200	133.0000 pence	UK
247	133.0000 pence	UK
232	133.0000 pence	UK
125	132.4000 pence	UK
4,214	131.8000 pence	UK
1,100	132.4000 pence	UK
121	131.8000 pence	UK
450	132.8000 pence	UK
1	132.8000 pence	UK
177	132.8000 pence	UK
510	132.8000 pence	UK
56	132.8000 pence	UK
217	132.8000 pence	UK
240	132.8000 pence	UK
1,514	131.8000 pence	UK
1,087	133.2000 pence	UK
738	133.2000 pence	UK
189	133.2000 pence	UK
245	133.2000 pence	UK
241	133.2000 pence	UK
4,526	132.2000 pence	UK
3,106	133.2000 pence	UK
1,565	133.2000 pence	UK
329	133.2000 pence	UK
576	133.6000 pence	UK
1,685	133.6000 pence	UK
100	133.6000 pence	UK
2,196	133.6000 pence	UK
474	134.8000 pence	UK
174	133.6000 pence	UK
269	134.0000 pence	UK
Team Internet Group plc		[phone]
Michael Riedl, Chief Executive Officer
William Green, Chief Financial Officer
Zeus (NOMAD and Joint Broker)
Nick Cowles / James Edis (Investment Banking)		[phone]
Dominic King (Corporate Broking)		[phone]
Berenberg (Joint Broker)		[phone]
Mark Whitmore / Richard Andrews /  Alix Mecklenburg-Solodkoff
SEC Newgate (for Media)		[phone]
Bob Huxford / Harry Handyside / Tom Carnegie		[e-mail]
About Team Internet Group plc
Team Internet (AIM: TIG, OTCQX: TIGXF) creates meaningful and successful connections from businesses to domains, brands to consumers, publishers to advertisers, enabling everyone to realise their digital ambitions. The Company is a leading global internet solutions company that operates in two highly attractive markets: high-growth digital advertising (Online Marketing segment) and domain name management solutions (Online Presence segment). The company's Online Marketing segment creates privacy-safe and AI-generated online consumer journeys that convert general interest online media users into confident high conviction consumers through advertorial and review websites. The Online Presence segment is a critical constituent of the global online presence and productivity tool ecosystem, where Team Internet serves as the primary distribution channel for a wide range of digital products. The company's high-quality earnings come from subscription recurring revenues in the Online Presence segment and revenue share on rolling utility-style contracts in the Online Marketing segment.
For more information please visit: www.teaminternet.com

 

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