REG - Team Internet Group - Transaction in Own Shares
Mon 09:00
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RNS Number : 2174F Team Internet Group PLC 23 September 2024
23 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 20 September 2024 it purchased 85,505 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 20 September 2024
Number of ordinary shares purchased 85,505
Highest price paid per ordinary share 132 pence
Lowest price paid per ordinary share 131 pence
Volume weighted average price paid per ordinary share 131.6608 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 14,682,314 shares in
treasury. The total voting rights in the Company is now 258,817,686 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: 20 September 2024
Aggregate information:
Aggregated Volume Volume-weighted average price (pence) Venue
85,505 131.6608 London Stock Exchange
Individual transactions:
Volume Price Time
900 132.0000 pence 08:08 UK
900 132.0000 pence 08:10 UK
1,000 132.0000 pence 08:10 UK
2,705 132.0000 pence 08:10 UK
1,114 132.0000 pence 08:53 UK
293 132.0000 pence 08:53 UK
2,660 132.0000 pence 09:29 UK
1,471 132.0000 pence 09:29 UK
2,596 132.0000 pence 09:29 UK
2,596 132.0000 pence 09:29 UK
1,471 132.0000 pence 09:29 UK
4,067 132.0000 pence 09:29 UK
2,378 132.0000 pence 09:50 UK
100 132.0000 pence 09:59 UK
1,254 132.0000 pence 09:59 UK
1,561 132.0000 pence 11:00 UK
57 132.0000 pence 11:00 UK
1,003 132.0000 pence 11:00 UK
1,400 132.0000 pence 11:00 UK
355 132.0000 pence 11:05 UK
124 132.0000 pence 11:05 UK
4,500 132.0000 pence 11:05 UK
1,876 132.0000 pence 11:05 UK
2,624 132.0000 pence 11:05 UK
900 132.0000 pence 11:05 UK
600 132.0000 pence 12:00 UK
320 132.0000 pence 12:59 UK
1,098 132.0000 pence 13:06 UK
846 132.0000 pence 13:10 UK
700 132.0000 pence 13:23 UK
2,036 132.0000 pence 13:47 UK
822 132.0000 pence 14:18 UK
4,000 132.0000 pence 14:38 UK
57 132.0000 pence 14:38 UK
109 132.0000 pence 14:38 UK
4 132.0000 pence 14:38 UK
8 132.0000 pence 14:38 UK
82 131.6000 pence 14:45 UK
5,323 131.6000 pence 14:45 UK
431 131.6000 pence 14:45 UK
2,371 131.6000 pence 14:45 UK
1,793 131.6000 pence 14:45 UK
160 131.0000 pence 14:55 UK
1,184 131.0000 pence 14:56 UK
965 131.0000 pence 14:56 UK
1,547 131.0000 pence 14:59 UK
169 131.0000 pence 14:59 UK
3,856 131.0000 pence 14:59 UK
3,000 131.0000 pence 14:59 UK
856 131.0000 pence 14:59 UK
95 131.0000 pence 14:59 UK
3,761 131.0000 pence 15:09 UK
2,866 131.0000 pence 15:09 UK
1,000 131.0000 pence 15:09 UK
109 131.0000 pence 15:09 UK
952 131.0000 pence 15:09 UK
1,100 131.0000 pence 15:10 UK
695 131.0000 pence 15:10 UK
129 131.0000 pence 15:27 UK
95 131.0000 pence 15:28 UK
1,193 131.0000 pence 15:30 UK
900 131.0000 pence 15:39 UK
215 131.0000 pence 15:39 UK
94 131.0000 pence 15:46 UK
59 131.0000 pence 15:46 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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