Transaction in Own Shares

Team Internet Group PLC

20 November 2024

 

20 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 19 November 2024 it purchased 159,740 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		19 November 2024
Number of ordinary shares purchased		159,740
Highest price paid per ordinary share		85.1 pence
Lowest price paid per ordinary share		83 pence
Volume weighted average price paid per ordinary share		84.7644 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 17,677,793 shares in treasury. The total voting rights in the Company is now 255,822,207 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:	19 November 2024
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
159,740	84.7644	London Stock Exchange
Individual transactions:
Volume	Price	Time
1,000	85.0000 pence	08:20 UK
7,714	85.0000 pence	09:18 UK
3,258	85.0000 pence	09:18 UK
2,112	85.0000 pence	09:18 UK
3,337	85.0000 pence	09:33 UK
4,909	85.0000 pence	09:33 UK
1,000	85.0000 pence	09:33 UK
15,754	85.0000 pence	09:34 UK
5,111	84.0000 pence	09:41 UK
202	84.0000 pence	13:59 UK
19,687	84.0000 pence	14:18 UK
99	83.0000 pence	14:21 UK
956	84.0000 pence	14:28 UK
7,700	84.0000 pence	14:28 UK
7,786	84.0000 pence	14:28 UK
845	84.0000 pence	14:28 UK
2,713	84.0000 pence	14:28 UK
324	85.1000 pence	16:35 UK
945	85.1000 pence	16:35 UK
945	85.1000 pence	16:35 UK
945	85.1000 pence	16:35 UK
1,890	85.1000 pence	16:35 UK
259	85.1000 pence	16:35 UK
10,371	85.1000 pence	16:35 UK
25,000	85.1000 pence	16:35 UK
79	85.1000 pence	16:35 UK
259	85.1000 pence	16:35 UK
259	85.1000 pence	16:35 UK
14,380	85.1000 pence	16:35 UK
3,758	85.1000 pence	16:35 UK
5,000	85.1000 pence	16:35 UK
9,832	85.1000 pence	16:35 UK
10	85.1000 pence	16:35 UK
1,301	85.1000 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

 

END