Transaction in Own Shares

Team Internet Group PLC
07 April 2025
 





7 April 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 4 April 2025 it purchased 186,319 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


 4 April 2025


Number of ordinary shares purchased


 186,319

Highest price paid per ordinary share


 55.5 pence


Lowest price paid per ordinary share

 53.5 pence


Volume weighted average price paid per ordinary share

 54.5975 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 27,295,753 shares in treasury. The total voting rights in the Company is now 246,204,247 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:        

4 April 2025






Individual transactions:

 






Volume

Price

Time

 

5,000

55.5000 pence

 08:12 UK


2,200

55.5000 pence

 08:12 UK


5,000

55.5000 pence

 08:12 UK


4,535

55.5000 pence

 08:12 UK


465

55.5000 pence

 08:12 UK


260

55.5000 pence

 08:13 UK


378

55.5000 pence

 08:21 UK


854

55.5000 pence

 08:53 UK


1,592

55.5000 pence

 08:56 UK


3,508

55.5000 pence

 08:56 UK


21,208

55.5000 pence

 09:03 UK


5,000

55.5000 pence

 09:03 UK


144

55.0000 pence

 09:51 UK


909

55.0000 pence

 09:51 UK


17,426

55.0000 pence

 09:51 UK


17,840

55.0000 pence

 10:18 UK


5,000

54.5000 pence

 10:52 UK


1,425

54.5000 pence

 10:55 UK


5,000

54.5000 pence

 10:55 UK


20,000

54.5000 pence

 11:09 UK


5,000

54.5000 pence

 11:09 UK


5,000

54.5000 pence

 11:09 UK


406

54.5000 pence

 11:09 UK


2,985

54.5000 pence

 11:09 UK


256

54.5000 pence

 11:09 UK


2,347

54.5000 pence

 11:16 UK


1,353

54.5000 pence

 11:16 UK


146

54.5000 pence

 11:16 UK


1,082

54.5000 pence

 11:19 UK


5,000

53.5000 pence

 11:32 UK


5,000

53.5000 pence

 11:32 UK


4,835

53.5000 pence

 11:32 UK


2,156

53.5000 pence

 11:32 UK


165

53.5000 pence

 11:32 UK


1,581

53.5000 pence

 11:32 UK


5,000

53.5000 pence

 11:32 UK


462

53.5000 pence

 11:45 UK


4,538

53.5000 pence

 12:12 UK


407

53.5000 pence

 12:19 UK


407

53.5000 pence

 12:36 UK


407

53.5000 pence

 12:53 UK


20,042

53.5000 pence

 12:56 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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