Transaction in Own Shares

Team Internet Group PLC

05 March 2025

 

5 March 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 March 2025 it purchased 113,665 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 March 2025
Number of ordinary shares purchased		113,665
Highest price paid per ordinary share		71 pence
Lowest price paid per ordinary share		54 pence
Volume weighted average price paid per ordinary share		62.219 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 24,834,418 shares in treasury. The total voting rights in the Company is now 248,665,582 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 March 2025
Individual transactions:
Volume	Price	Time
500	71.0000 pence	08:36 UK
7,000	71.0000 pence	08:38 UK
166	71.0000 pence	08:39 UK
60	71.0000 pence	08:39 UK
6,120	71.0000 pence	08:40 UK
1,154	71.0000 pence	08:40 UK
13,665	69.5000 pence	08:46 UK
7,000	67.6000 pence	09:08 UK
7,500	65.0000 pence	09:19 UK
7,500	65.0000 pence	09:19 UK
1,215	61.4000 pence	10:08 UK
1,265	61.4000 pence	10:08 UK
1,520	61.4000 pence	10:08 UK
495	60.0000 pence	10:12 UK
6,153	60.0000 pence	10:12 UK
6,352	60.0000 pence	10:12 UK
3,846	56.8000 pence	10:35 UK
8,154	56.8000 pence	10:35 UK
1,346	58.5000 pence	12:04 UK
2,654	58.5000 pence	12:04 UK
730	57.3000 pence	13:12 UK
70	57.3000 pence	13:12 UK
3,025	57.3000 pence	13:12 UK
1,175	57.3000 pence	13:12 UK
2,589	56.4000 pence	14:00 UK
2,294	56.4000 pence	14:00 UK
117	56.4000 pence	14:00 UK
1,800	56.3000 pence	14:32 UK
3,200	56.3000 pence	14:32 UK
2,000	54.8000 pence	14:50 UK
241	54.8000 pence	14:50 UK
1,721	54.8000 pence	14:51 UK
1,611	54.8000 pence	14:52 UK
1,797	54.8000 pence	14:55 UK
400	54.8000 pence	14:55 UK
6	54.8000 pence	14:55 UK
1,685	54.8000 pence	14:56 UK
539	54.8000 pence	14:56 UK
1,013	54.0000 pence	15:06 UK
3,987	54.0000 pence	15:06 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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