Team Internet Group PLC Transaction in Own Shares

RNS Number : 4107M

Team Internet Group PLC

15 November 2024

 

 

15 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 14 November 2024 it purchased 174,789 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		14 November 2024
Number of ordinary shares purchased		174,789
Highest price paid per ordinary share		86 pence
Lowest price paid per ordinary share		83.9 pence
Volume weighted average price paid per ordinary share		85.4324 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 17,150,568 shares in treasury. The total voting rights in the Company is now 256,349,432 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:	14 November 2024
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)	Venue
174,789	85.4324	London Stock Exchange
Individual transactions:
Volume	Price	Time
5,000	84.0000 pence	08:10 UK
11	83.9000 pence	08:35 UK
990	83.9000 pence	08:35 UK
8,999	84.0000 pence	08:35 UK
3,984	86.0000 pence	09:17 UK
1,016	86.0000 pence	09:48 UK
5,000	85.0000 pence	10:29 UK
4,536	85.0000 pence	12:50 UK
7,609	86.0000 pence	14:29 UK
7,391	86.0000 pence	14:59 UK
2	86.0000 pence	15:00 UK
9,998	86.0000 pence	15:11 UK
25,000	86.0000 pence	15:20 UK
462	85.5000 pence	15:36 UK
1,365	85.9000 pence	15:51 UK
1,423	85.9000 pence	15:51 UK
412	85.9000 pence	15:51 UK
57	85.9000 pence	15:58 UK
10	85.9000 pence	15:58 UK
3,201	85.9000 pence	15:58 UK
5,908	85.9000 pence	15:58 UK
824	85.9000 pence	15:58 UK
424	85.5000 pence	15:58 UK
5,703	85.5000 pence	15:58 UK
15,000	85.5000 pence	16:03 UK
5,155	85.0000 pence	16:03 UK
309	85.0000 pence	16:03 UK
1,698	85.3000 pence	16:11 UK
4,334	85.3000 pence	16:11 UK
176	85.3000 pence	16:11 UK
525	85.3000 pence	16:12 UK
3,267	85.3000 pence	16:12 UK
1,774	85.3000 pence	16:13 UK
2,713	85.3000 pence	16:13 UK
2,000	85.3000 pence	16:15 UK
1,000	85.3000 pence	16:15 UK
11	85.3000 pence	16:15 UK
450	85.3000 pence	16:16 UK
2,052	85.3000 pence	16:19 UK
1,159	85.2000 pence	16:35 UK
1,146	85.2000 pence	16:35 UK
6	85.2000 pence	16:35 UK
940	85.2000 pence	16:35 UK
1,076	85.2000 pence	16:35 UK
1,253	85.2000 pence	16:35 UK
3,786	85.2000 pence	16:35 UK
5,627	85.2000 pence	16:35 UK
1,393	85.2000 pence	16:35 UK
875	85.2000 pence	16:35 UK
2,393	85.2000 pence	16:35 UK
616	85.2000 pence	16:35 UK
287	85.2000 pence	16:35 UK
598	85.2000 pence	16:35 UK
1,571	85.2000 pence	16:35 UK
500	85.2000 pence	16:35 UK
3,255	85.2000 pence	16:35 UK
3,005	85.2000 pence	16:35 UK
5,308	85.2000 pence	16:35 UK
206	85.2000 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 / 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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