Transaction in Own Shares

Team Internet Group PLC

23 September 2024

 

23 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 20 September 2024 it purchased 85,505 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		20 September 2024
Number of ordinary shares purchased		85,505
Highest price paid per ordinary share		132 pence
Lowest price paid per ordinary share		131 pence
Volume weighted average price paid per ordinary share		131.6608 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 14,682,314 shares in treasury. The total voting rights in the Company is now 258,817,686 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:	20 September 2024
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
85,505	131.6608	London Stock Exchange
Individual transactions:
Volume	Price	Time
900	132.0000 pence	08:08 UK
900	132.0000 pence	08:10 UK
1,000	132.0000 pence	08:10 UK
2,705	132.0000 pence	08:10 UK
1,114	132.0000 pence	08:53 UK
293	132.0000 pence	08:53 UK
2,660	132.0000 pence	09:29 UK
1,471	132.0000 pence	09:29 UK
2,596	132.0000 pence	09:29 UK
2,596	132.0000 pence	09:29 UK
1,471	132.0000 pence	09:29 UK
4,067	132.0000 pence	09:29 UK
2,378	132.0000 pence	09:50 UK
100	132.0000 pence	09:59 UK
1,254	132.0000 pence	09:59 UK
1,561	132.0000 pence	11:00 UK
57	132.0000 pence	11:00 UK
1,003	132.0000 pence	11:00 UK
1,400	132.0000 pence	11:00 UK
355	132.0000 pence	11:05 UK
124	132.0000 pence	11:05 UK
4,500	132.0000 pence	11:05 UK
1,876	132.0000 pence	11:05 UK
2,624	132.0000 pence	11:05 UK
900	132.0000 pence	11:05 UK
600	132.0000 pence	12:00 UK
320	132.0000 pence	12:59 UK
1,098	132.0000 pence	13:06 UK
846	132.0000 pence	13:10 UK
700	132.0000 pence	13:23 UK
2,036	132.0000 pence	13:47 UK
822	132.0000 pence	14:18 UK
4,000	132.0000 pence	14:38 UK
57	132.0000 pence	14:38 UK
109	132.0000 pence	14:38 UK
4	132.0000 pence	14:38 UK
8	132.0000 pence	14:38 UK
82	131.6000 pence	14:45 UK
5,323	131.6000 pence	14:45 UK
431	131.6000 pence	14:45 UK
2,371	131.6000 pence	14:45 UK
1,793	131.6000 pence	14:45 UK
160	131.0000 pence	14:55 UK
1,184	131.0000 pence	14:56 UK
965	131.0000 pence	14:56 UK
1,547	131.0000 pence	14:59 UK
169	131.0000 pence	14:59 UK
3,856	131.0000 pence	14:59 UK
3,000	131.0000 pence	14:59 UK
856	131.0000 pence	14:59 UK
95	131.0000 pence	14:59 UK
3,761	131.0000 pence	15:09 UK
2,866	131.0000 pence	15:09 UK
1,000	131.0000 pence	15:09 UK
109	131.0000 pence	15:09 UK
952	131.0000 pence	15:09 UK
1,100	131.0000 pence	15:10 UK
695	131.0000 pence	15:10 UK
129	131.0000 pence	15:27 UK
95	131.0000 pence	15:28 UK
1,193	131.0000 pence	15:30 UK
900	131.0000 pence	15:39 UK
215	131.0000 pence	15:39 UK
94	131.0000 pence	15:46 UK
59	131.0000 pence	15:46 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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