Transaction in Own Shares

Team Internet Group PLC

18 December 2024

 

18 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 17 December 2024 it purchased 176,655 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		17 December 2024
Number of ordinary shares purchased		176,655
Highest price paid per ordinary share		90.4 pence
Lowest price paid per ordinary share		88.2 pence
Volume weighted average price paid per ordinary share		89.7674 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 20,404,754 shares in treasury. The total voting rights in the Company is now 253,095,246 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:	17 December 2024
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
176,655	89.7674	London Stock Exchange
Individual transactions:
Volume	Price	Time
88	90.3000 pence	08:00 UK
30	90.3000 pence	08:01 UK
6,537	90.3000 pence	08:01 UK
1,962	90.3000 pence	08:02 UK
8,038	90.3000 pence	08:02 UK
2,400	90.0000 pence	08:02 UK
800	90.0000 pence	08:02 UK
6,800	90.0000 pence	08:02 UK
2,500	90.0000 pence	08:02 UK
10,000	90.3000 pence	08:27 UK
7,500	90.0000 pence	08:27 UK
87	89.9000 pence	09:44 UK
4,222	89.9000 pence	10:14 UK
2,210	89.8000 pence	10:15 UK
630	89.8000 pence	10:15 UK
851	89.8000 pence	10:15 UK
5,000	89.5000 pence	10:30 UK
10,000	89.0000 pence	10:30 UK
7,000	88.4000 pence	10:40 UK
60	88.2000 pence	11:08 UK
1,133	88.2000 pence	12:09 UK
189	88.2000 pence	12:30 UK
1,543	88.2000 pence	12:47 UK
1,065	88.2000 pence	12:54 UK
90	88.2000 pence	12:54 UK
187	88.2000 pence	13:06 UK
1,181	88.2000 pence	13:15 UK
2,283	88.5000 pence	13:40 UK
2,350	88.5000 pence	13:40 UK
9	88.5000 pence	13:40 UK
5,358	88.5000 pence	13:40 UK
235	89.0000 pence	13:52 UK
112	89.0000 pence	13:52 UK
133	89.0000 pence	13:52 UK
225	89.0000 pence	13:52 UK
2,400	89.0000 pence	13:52 UK
124	89.0000 pence	13:52 UK
590	89.0000 pence	13:52 UK
419	89.0000 pence	13:52 UK
1,755	89.9000 pence	15:08 UK
184	89.9000 pence	15:08 UK
1,600	89.9000 pence	15:08 UK
635	89.9000 pence	15:08 UK
5,826	89.9000 pence	15:08 UK
2,624	90.1000 pence	16:13 UK
1,316	90.1000 pence	16:13 UK
434	90.1000 pence	16:13 UK
800	90.1000 pence	16:13 UK
1,774	90.1000 pence	16:13 UK
3,366	90.1000 pence	16:13 UK
89	90.1000 pence	16:14 UK
2,500	90.1000 pence	16:14 UK
4,400	90.1000 pence	16:14 UK
1,885	90.4000 pence	16:20 UK
1,126	90.4000 pence	16:20 UK
928	90.4000 pence	16:21 UK
995	90.2000 pence	16:23 UK
3,572	90.4000 pence	16:26 UK
1,257	90.2000 pence	16:26 UK
3,248	90.2000 pence	16:26 UK
201	90.0000 pence	16:27 UK
552	90.0000 pence	16:28 UK
5,557	90.0000 pence	16:35 UK
3,033	90.0000 pence	16:35 UK
657	90.0000 pence	16:35 UK
9,426	90.0000 pence	16:35 UK
3,261	90.0000 pence	16:35 UK
296	90.0000 pence	16:35 UK
2,058	90.0000 pence	16:35 UK
382	90.0000 pence	16:35 UK
4,267	90.0000 pence	16:35 UK
10,310	90.0000 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 / Tom Carnegie / Harry Handyside		[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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