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REG - Team Internet Group - Transaction in Own Shares

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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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