Team Internet Group PLC Transaction in Own Shares

RNS Number : 1582M

Team Internet Group PLC

14 November 2024

 

 

14 November 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 13 November 2024 it purchased 163,201 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		13 November 2024
Number of ordinary shares purchased		163,201
Highest price paid per ordinary share		88.3 pence
Lowest price paid per ordinary share		86 pence
Volume weighted average price paid per ordinary share		87.167 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 16,975,779 shares in treasury. The total voting rights in the Company is now 256,524,221 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:	13 November 2024
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
163,201	87.1670	London Stock Exchange
Individual transactions:
Volume	Price	Time
164	87.0000 pence	08:01 UK
1,595	87.0000 pence	08:01 UK
4,902	87.0000 pence	08:01 UK
1,831	87.0000 pence	08:01 UK
2,784	87.0000 pence	08:01 UK
1,617	87.0000 pence	08:01 UK
308	87.0000 pence	08:01 UK
664	88.0000 pence	09:16 UK
997	88.0000 pence	09:42 UK
264	88.0000 pence	09:42 UK
264	88.0000 pence	09:42 UK
12,811	88.0000 pence	09:42 UK
278	87.5000 pence	10:18 UK
1,622	88.0000 pence	10:23 UK
56	88.0000 pence	10:23 UK
822	88.0000 pence	10:23 UK
10,000	88.0000 pence	10:24 UK
650	88.3000 pence	11:48 UK
2,757	88.3000 pence	11:48 UK
229	88.3000 pence	11:49 UK
6,364	88.3000 pence	11:49 UK
1,886	88.0000 pence	11:49 UK
858	88.0000 pence	13:03 UK
1,086	88.0000 pence	13:25 UK
1,086	88.0000 pence	13:40 UK
101	88.0000 pence	13:48 UK
114	88.0000 pence	13:48 UK
212	88.0000 pence	13:48 UK
627	88.0000 pence	13:48 UK
123	88.0000 pence	13:49 UK
3,907	88.0000 pence	13:49 UK
652	87.5000 pence	14:00 UK
215	87.5000 pence	14:01 UK
670	87.5000 pence	14:01 UK
7,713	87.5000 pence	14:01 UK
1,531	87.5000 pence	14:01 UK
1,174	87.5000 pence	14:01 UK
267	87.5000 pence	14:01 UK
329	87.0000 pence	14:21 UK
1,770	87.0000 pence	14:21 UK
671	87.0000 pence	14:21 UK
6,227	87.0000 pence	14:21 UK
1,601	87.0000 pence	14:21 UK
235	87.0000 pence	14:21 UK
2,199	87.0000 pence	14:21 UK
1,115	87.0000 pence	14:21 UK
595	87.0000 pence	14:23 UK
2,030	87.0000 pence	14:25 UK
229	87.0000 pence	14:25 UK
702	87.0000 pence	14:25 UK
217	87.0000 pence	14:25 UK
7,080	87.0000 pence	14:25 UK
156	87.5000 pence	14:27 UK
4,321	87.5000 pence	14:27 UK
38	87.5000 pence	14:27 UK
123	87.5000 pence	14:27 UK
51	87.5000 pence	14:27 UK
216	87.5000 pence	14:27 UK
337	87.5000 pence	14:27 UK
127	87.5000 pence	14:27 UK
128	87.5000 pence	14:27 UK
120	87.5000 pence	14:27 UK
1,658	87.5000 pence	14:27 UK
916	87.5000 pence	14:28 UK
541	87.5000 pence	14:29 UK
491	87.5000 pence	14:48 UK
1,086	87.5000 pence	14:48 UK
252	87.5000 pence	14:50 UK
95	87.5000 pence	14:53 UK
499	87.5000 pence	14:55 UK
64	87.5000 pence	14:55 UK
1,086	87.5000 pence	14:55 UK
64	87.5000 pence	14:57 UK
849	87.5000 pence	14:59 UK
83	87.5000 pence	14:59 UK
90	87.8000 pence	15:11 UK
1,609	87.8000 pence	15:11 UK
82	86.5000 pence	15:18 UK
1,280	86.5000 pence	15:18 UK
12,040	86.5000 pence	15:18 UK
436	86.5000 pence	15:18 UK
394	86.5000 pence	15:18 UK
378	86.5000 pence	15:18 UK
336	86.5000 pence	15:18 UK
306	86.5000 pence	15:18 UK
295	86.5000 pence	15:18 UK
270	86.5000 pence	15:18 UK
244	86.5000 pence	15:18 UK
220	86.5000 pence	15:18 UK
1,689	86.5000 pence	15:19 UK
314	86.5000 pence	15:20 UK
305	86.5000 pence	15:20 UK
287	86.5000 pence	15:20 UK
264	86.5000 pence	15:20 UK
250	86.5000 pence	15:20 UK
231	86.5000 pence	15:20 UK
226	86.5000 pence	15:20 UK
372	86.5000 pence	15:25 UK
4,781	86.5000 pence	15:32 UK
25,000	86.0000 pence	15:41 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 / Harry Handyside / Tom Carnegie		[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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