Transaction in Own Shares

Team Internet Group PLC
09 December 2024
 





9 December 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 6 December 2024 it purchased 213,611 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


 6 December 2024


Number of ordinary shares purchased


 213,611

Highest price paid per ordinary share


 86.8 pence


Lowest price paid per ordinary share

 86.1 pence


Volume weighted average price paid per ordinary share

 86.3724 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 19,862,123 shares in treasury. The total voting rights in the Company is now 253,637,877 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:        

6 December 2024






Aggregate information:

 






Aggregated Volume

Volume-weighted average price (pence)

Venue

 

 213,611

86.3724

London Stock Exchange





Individual transactions:

 






Volume

Price

Time

 

1

86.5000 pence

 08:00 UK


110

86.8000 pence

 10:30 UK


4,720

86.8000 pence

 11:07 UK


1,291

86.8000 pence

 11:07 UK


1,769

86.5000 pence

 11:08 UK


3,607

86.5000 pence

 11:08 UK


8,518

86.5000 pence

 11:18 UK


8,538

86.5000 pence

 11:18 UK


117

86.5000 pence

 11:18 UK


5,000

86.5000 pence

 11:18 UK


2,183

86.8000 pence

 13:44 UK


217

86.8000 pence

 13:44 UK


89

86.8000 pence

 13:44 UK


667

86.8000 pence

 15:31 UK


3,156

86.8000 pence

 15:31 UK


21,926

86.8000 pence

 15:31 UK


3,156

86.8000 pence

 15:31 UK


2,111

86.8000 pence

 15:31 UK


750

86.8000 pence

 15:31 UK


16,394

86.1000 pence

 15:33 UK


5,409

86.1000 pence

 15:33 UK


2,827

86.5000 pence

 15:33 UK


15,450

86.8000 pence

 15:33 UK


295

86.8000 pence

 15:33 UK


1,126

86.1000 pence

 15:33 UK


2,071

86.1000 pence

 15:33 UK


5,209

86.1000 pence

 15:51 UK


5,209

86.1000 pence

 15:51 UK


5,209

86.1000 pence

 15:51 UK


792

86.1000 pence

 15:51 UK


4,417

86.1000 pence

 15:51 UK


248

86.1000 pence

 15:51 UK


29

86.1000 pence

 15:51 UK


135

86.1000 pence

 15:51 UK


9

86.1000 pence

 15:51 UK


80

86.1000 pence

 15:51 UK


4,708

86.1000 pence

 15:51 UK


5,209

86.1000 pence

 15:51 UK


963

86.1000 pence

 16:09 UK


875

86.1000 pence

 16:10 UK


371

86.1000 pence

 16:10 UK


1,138

86.1000 pence

 16:10 UK


875

86.2000 pence

 16:17 UK


928

86.2000 pence

 16:17 UK


1,050

86.2000 pence

 16:17 UK


879

86.2000 pence

 16:17 UK


1,051

86.2000 pence

 16:18 UK


3,394

86.2000 pence

 16:24 UK


217

86.2000 pence

 16:24 UK


17

86.2000 pence

 16:29 UK


1,039

86.2000 pence

 16:35 UK


163

86.2000 pence

 16:35 UK


161

86.2000 pence

 16:35 UK


26

86.2000 pence

 16:35 UK


1,012

86.2000 pence

 16:35 UK


159

86.2000 pence

 16:35 UK


424

86.2000 pence

 16:35 UK


67

86.2000 pence

 16:35 UK


966

86.2000 pence

 16:35 UK


151

86.2000 pence

 16:35 UK


202

86.2000 pence

 16:35 UK


32

86.2000 pence

 16:35 UK


768

86.2000 pence

 16:35 UK


120

86.2000 pence

 16:35 UK


2,326

86.2000 pence

 16:35 UK


364

86.2000 pence

 16:35 UK


324

86.2000 pence

 16:35 UK


51

86.2000 pence

 16:35 UK


3,548

86.2000 pence

 16:35 UK


555

86.2000 pence

 16:35 UK


111

86.2000 pence

 16:35 UK


18

86.2000 pence

 16:35 UK


8,577

86.2000 pence

 16:35 UK


1,341

86.2000 pence

 16:35 UK


1,055

86.2000 pence

 16:35 UK


166

86.2000 pence

 16:35 UK


4,093

86.2000 pence

 16:35 UK


640

86.2000 pence

 16:35 UK


4,093

86.2000 pence

 16:35 UK


640

86.2000 pence

 16:35 UK


10,240

86.2000 pence

 16:35 UK


1,601

86.2000 pence

 16:35 UK


1,051

86.2000 pence

 16:35 UK


165

86.2000 pence

 16:35 UK


912

86.2000 pence

 16:35 UK


143

86.2000 pence

 16:35 UK


3,617

86.2000 pence

 16:35 UK


566

86.2000 pence

 16:35 UK


705

86.2000 pence

 16:35 UK


111

86.2000 pence

 16:35 UK


1,146

86.2000 pence

 16:35 UK


3,854

86.2000 pence

 16:35 UK


1,798

86.2000 pence

 16:35 UK














Team Internet Group plc

+44 (0) 203 388 0600

Michael Riedl, Chief Executive Officer


William Green, Chief Financial Officer







Zeus (NOMAD and Joint Broker)

 


Nick Cowles / James Edis (Investment Banking)

+44 (0) 161 831 1512

Dominic King (Corporate Broking)

 +44 (0) 203 829 5000





Berenberg (Joint Broker)

+44 (0) 203 207 7800

Mark Whitmore / Richard Andrews /
 Alix Mecklenburg-Solodkoff 







SEC Newgate (for Media)

+44 (0) 203 757 6880

Bob Huxford / Tom Carnegie / Harry Handyside

teaminternet@secnewgate.co.uk









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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