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RNS Number : 8483E Team Internet Group PLC 19 September 2024
19 September 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 18 September 2024 it purchased 73,239 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 18 September 2024
Number of ordinary shares purchased 73,239
Highest price paid per ordinary share 132.8 pence
Lowest price paid per ordinary share 128.4 pence
Volume weighted average price paid per ordinary share 131.4646 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 14,513,503 shares in
treasury. The total voting rights in the Company is now 258,986,497 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: 18 September 2024
Aggregate information:
Aggregated Volume Volume-weighted average price (pence) Venue
73,239 131.4646 London Stock Exchange
Individual transactions:
Volume Price Time
600 132.8000 pence 08:28 UK
500 132.8000 pence 09:10 UK
402 132.8000 pence 09:10 UK
402 132.8000 pence 09:10 UK
1,748 132.8000 pence 09:10 UK
700 132.8000 pence 09:35 UK
700 132.8000 pence 09:35 UK
2,550 132.8000 pence 09:35 UK
1,000 132.8000 pence 09:35 UK
500 132.8000 pence 10:02 UK
541 132.8000 pence 10:02 UK
500 132.8000 pence 10:05 UK
599 132.8000 pence 10:05 UK
110 132.8000 pence 10:45 UK
452 132.8000 pence 10:45 UK
600 132.8000 pence 10:51 UK
500 132.8000 pence 11:11 UK
513 132.8000 pence 11:27 UK
1,185 132.8000 pence 11:27 UK
499 132.8000 pence 11:27 UK
400 132.8000 pence 11:27 UK
937 132.8000 pence 11:27 UK
497 132.8000 pence 11:27 UK
917 132.8000 pence 11:27 UK
917 132.8000 pence 11:27 UK
2,333 132.8000 pence 11:27 UK
700 132.8000 pence 11:27 UK
1,571 132.8000 pence 11:27 UK
979 132.8000 pence 11:27 UK
390 132.8000 pence 11:27 UK
200 132.8000 pence 11:27 UK
558 132.8000 pence 11:27 UK
3,856 132.2000 pence 11:32 UK
432 132.2000 pence 11:59 UK
1,201 132.2000 pence 14:11 UK
1,123 132.2000 pence 14:30 UK
1,100 132.2000 pence 14:30 UK
680 132.2000 pence 14:30 UK
455 132.2000 pence 14:30 UK
438 132.2000 pence 14:30 UK
443 132.2000 pence 14:30 UK
429 132.2000 pence 14:30 UK
433 132.2000 pence 14:32 UK
1,658 132.2000 pence 14:37 UK
415 132.2000 pence 14:37 UK
3,441 132.2000 pence 14:37 UK
1,120 132.2000 pence 14:37 UK
1,020 132.2000 pence 14:37 UK
1,716 132.2000 pence 14:37 UK
144 132.2000 pence 14:37 UK
1,000 132.2000 pence 14:37 UK
452 132.2000 pence 14:37 UK
2,404 132.2000 pence 14:37 UK
1,040 132.2000 pence 14:37 UK
1,500 130.2000 pence 15:23 UK
2,203 129.4000 pence 15:39 UK
583 129.4000 pence 15:39 UK
1,152 129.4000 pence 15:43 UK
271 129.4000 pence 15:43 UK
1,012 129.2000 pence 15:45 UK
452 129.2000 pence 15:45 UK
765 129.2000 pence 15:48 UK
473 129.2000 pence 15:48 UK
478 129.2000 pence 15:52 UK
1,820 129.2000 pence 15:53 UK
5,000 128.6000 pence 15:54 UK
496 128.4000 pence 15:55 UK
3,318 128.8000 pence 16:07 UK
1,682 130.4000 pence 16:09 UK
291 129.8000 pence 16:14 UK
299 129.8000 pence 16:17 UK
855 129.8000 pence 16:22 UK
285 129.8000 pence 16:22 UK
304 129.8000 pence 16:25 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 / Harry Handyside / Tom Carnegie 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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