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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