Transaction in Own Shares

Team Internet Group PLC

19 November 2024

 

19 November 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 18 November 2024 it purchased 185,667 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		18 November 2024
Number of ordinary shares purchased		185,667
Highest price paid per ordinary share		86 pence
Lowest price paid per ordinary share		83.5 pence
Volume weighted average price paid per ordinary share		84.9846 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 17,518,053 shares in treasury. The total voting rights in the Company is now 255,981,947 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:	18 November 2024
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
185,667	84.9846	London Stock Exchange
Individual transactions:
Volume	Price	Time
7,771	83.6000 pence	08:11 UK
6,500	83.6000 pence	08:11 UK
698	83.6000 pence	08:11 UK
698	83.6000 pence	08:11 UK
2,776	83.5000 pence	08:47 UK
7,224	83.5000 pence	08:47 UK
25,000	86.0000 pence	13:06 UK
6,000	85.3000 pence	14:51 UK
4,000	85.3000 pence	14:51 UK
1,995	85.3000 pence	14:51 UK
1	85.3000 pence	14:51 UK
1,999	85.3000 pence	14:51 UK
6,000	85.3000 pence	14:51 UK
5,005	85.3000 pence	14:51 UK
4,792	85.3000 pence	14:52 UK
5,208	85.3000 pence	14:52 UK
351	85.0000 pence	14:53 UK
13,677	85.0000 pence	14:53 UK
10,972	85.0000 pence	14:53 UK
4,423	84.0000 pence	14:56 UK
15	85.0000 pence	15:50 UK
95	85.0000 pence	15:50 UK
251	85.0000 pence	15:50 UK
1,100	85.0000 pence	16:07 UK
1,100	85.0000 pence	16:07 UK
7,439	85.0000 pence	16:07 UK
6,000	85.3000 pence	16:27 UK
1	85.3000 pence	16:27 UK
1,747	85.3000 pence	16:27 UK
595	85.3000 pence	16:27 UK
1,657	85.3000 pence	16:27 UK
5,577	85.0000 pence	16:27 UK
32,872	85.0000 pence	16:35 UK
203	85.0000 pence	16:35 UK
3,500	85.0000 pence	16:35 UK
1,442	85.0000 pence	16:35 UK
4,093	85.0000 pence	16:35 UK
2,890	85.0000 pence	16:35 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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