Transaction in Own Shares

Team Internet Group PLC

06 January 2025

 

6 January 2025
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 3 January 2025 it purchased 126,166 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		3 January 2025
Number of ordinary shares purchased		126,166
Highest price paid per ordinary share		94 pence
Lowest price paid per ordinary share		92.4 pence
Volume weighted average price paid per ordinary share		93.2502 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 21,339,340 shares in treasury. The total voting rights in the Company is now 252,160,660 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:	3 January 2025
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
126,166	93.2502	London Stock Exchange
Individual transactions:
Volume	Price	Time
3,166	94.0000 pence	09:25 UK
3,205	93.8000 pence	09:25 UK
1,600	93.8000 pence	09:25 UK
1,605	93.8000 pence	09:25 UK
3,205	93.8000 pence	09:25 UK
3,395	93.8000 pence	09:25 UK
3,205	93.8000 pence	09:26 UK
2,849	93.8000 pence	09:26 UK
3,205	93.8000 pence	09:27 UK
731	93.8000 pence	09:30 UK
4,023	93.6000 pence	10:04 UK
4,023	93.6000 pence	10:07 UK
754	93.6000 pence	10:07 UK
3,269	93.6000 pence	10:07 UK
3,269	93.6000 pence	10:07 UK
754	93.6000 pence	10:07 UK
746	93.6000 pence	10:07 UK
4,023	93.6000 pence	10:08 UK
87	93.6000 pence	10:08 UK
4,023	93.6000 pence	10:08 UK
29	93.6000 pence	10:08 UK
1,600	93.4000 pence	10:08 UK
1,469	93.4000 pence	10:08 UK
1,469	93.4000 pence	10:08 UK
1,600	93.4000 pence	10:08 UK
815	93.4000 pence	10:09 UK
2,254	93.4000 pence	10:09 UK
445	93.4000 pence	10:31 UK
1,900	93.4000 pence	10:31 UK
354	93.4000 pence	10:39 UK
305	93.4000 pence	10:48 UK
65	93.4000 pence	10:59 UK
2,086	93.4000 pence	10:59 UK
3,069	93.4000 pence	10:59 UK
3,069	93.4000 pence	10:59 UK
3,069	93.4000 pence	10:59 UK
867	93.4000 pence	10:59 UK
564	93.4000 pence	10:59 UK
3,537	93.0000 pence	11:00 UK
713	93.0000 pence	11:00 UK
1,900	93.0000 pence	11:14 UK
2,350	93.0000 pence	11:14 UK
4,250	93.0000 pence	11:14 UK
4,250	93.0000 pence	11:14 UK
238	93.0000 pence	11:15 UK
1,530	93.0000 pence	11:15 UK
29	93.0000 pence	11:15 UK
2,453	93.0000 pence	11:15 UK
551	93.0000 pence	11:15 UK
310	93.0000 pence	11:15 UK
2,889	93.0000 pence	11:16 UK
2,282	92.4000 pence	12:39 UK
2,718	92.4000 pence	13:26 UK
480	92.4000 pence	13:26 UK
5,000	92.4000 pence	13:26 UK
435	92.4000 pence	13:26 UK
4,565	92.4000 pence	13:26 UK
3,000	92.4000 pence	13:26 UK
2,000	92.4000 pence	13:27 UK
1,034	92.4000 pence	13:27 UK
1,650	92.4000 pence	13:27 UK
1,482	92.4000 pence	13:28 UK
305	92.4000 pence	13:34 UK
49	92.4000 pence	14:04 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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