Transaction in Own Shares

Team Internet Group PLC
13 December 2024
 

 





13 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 12 December 2024 it purchased 192,084 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


 12 December 2024


Number of ordinary shares purchased


 192,084

Highest price paid per ordinary share


 94.2 pence


Lowest price paid per ordinary share

 91.6 pence


Volume weighted average price paid per ordinary share

 92.3243 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 20,103,689 shares in treasury. The total voting rights in the Company is now 253,396,311 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:        

12 December 2024






Aggregate information:

 






Aggregated Volume

Volume-weighted average price (pence)

Venue

 

 192,084

92.3243

London Stock Exchange





Individual transactions:

 






Volume

Price

Time

 

4

94.0000 pence

 08:00 UK


11,888

94.0000 pence

 08:00 UK


192

94.0000 pence

 08:00 UK


3,200

94.0000 pence

 08:40 UK


6,800

94.0000 pence

 08:40 UK


2,000

94.2000 pence

 12:57 UK


3,000

94.2000 pence

 12:57 UK


625

94.0000 pence

 12:57 UK


100

94.0000 pence

 12:57 UK


9,275

94.0000 pence

 12:57 UK


10,000

93.0000 pence

 13:02 UK


142

91.8000 pence

 14:19 UK


1,802

91.8000 pence

 14:19 UK


1,200

91.8000 pence

 14:19 UK


6,856

91.8000 pence

 14:28 UK


92

91.8000 pence

 14:32 UK


1,010

91.8000 pence

 14:32 UK


4,676

91.8000 pence

 14:32 UK


14,222

91.8000 pence

 14:35 UK


10,629

91.8000 pence

 14:41 UK


4,371

91.8000 pence

 14:42 UK


9

91.6000 pence

 14:53 UK


12,056

92.2000 pence

 15:25 UK


15,000

91.8000 pence

 15:28 UK


9,991

91.6000 pence

 15:28 UK


83

91.6000 pence

 15:39 UK


12,861

91.6000 pence

 15:46 UK


1,930

91.7000 pence

 16:14 UK


1,279

91.7000 pence

 16:14 UK


81

91.7000 pence

 16:15 UK


6,710

91.7000 pence

 16:16 UK


492

91.6000 pence

 16:18 UK


1,694

91.6000 pence

 16:18 UK


1,803

91.6000 pence

 16:18 UK


91

92.1000 pence

 16:29 UK


1,792

92.1000 pence

 16:29 UK


1,005

92.1000 pence

 16:29 UK


1,930

92.1000 pence

 16:29 UK


3,343

92.0000 pence

 16:35 UK


4,483

92.0000 pence

 16:35 UK


2,299

92.0000 pence

 16:35 UK


22

92.0000 pence

 16:35 UK


390

92.0000 pence

 16:35 UK


727

92.0000 pence

 16:35 UK


6,132

92.0000 pence

 16:35 UK


653

92.0000 pence

 16:35 UK


615

92.0000 pence

 16:35 UK


3,645

92.0000 pence

 16:35 UK


900

92.0000 pence

 16:35 UK


72

92.0000 pence

 16:35 UK


1,118

92.0000 pence

 16:35 UK


2,631

92.0000 pence

 16:35 UK


1,854

92.0000 pence

 16:35 UK


834

92.0000 pence

 16:35 UK


282

92.0000 pence

 16:35 UK


1,193

92.0000 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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