RNS Number : 4137G
Team Internet Group PLC
01 October 2024
 





1 October 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 30 September 2024 it purchased 68,284 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


 30 September 2024


Number of ordinary shares purchased


 68,284

Highest price paid per ordinary share


 133 pence


Lowest price paid per ordinary share

 130.2 pence


Volume weighted average price paid per ordinary share

 131.6258 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 15,110,021 shares in treasury. The total voting rights in the Company is now 258,389,979 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:        

30 September 2024






Aggregate information:

 






Aggregated Volume

Volume-weighted average price (pence)

Venue

 

 68,284

131.6258

London Stock Exchange





Individual transactions:

 






Volume

Price

Time

 

432

133.0000 pence

 09:07 UK


4,080

133.0000 pence

 09:08 UK


762

133.0000 pence

 12:49 UK


2,238

133.0000 pence

 12:50 UK


3,000

133.0000 pence

 12:50 UK


465

133.0000 pence

 12:50 UK


2,535

133.0000 pence

 12:50 UK


120

132.6000 pence

 12:50 UK


1,782

132.6000 pence

 12:50 UK


600

132.6000 pence

 12:50 UK


493

132.6000 pence

 12:50 UK


493

132.6000 pence

 12:50 UK


1,200

132.0000 pence

 12:53 UK


755

132.0000 pence

 12:53 UK


755

132.0000 pence

 12:53 UK


574

132.0000 pence

 12:53 UK


2,200

131.8000 pence

 13:40 UK


257

131.8000 pence

 13:40 UK


275

131.8000 pence

 13:40 UK


410

131.8000 pence

 13:40 UK


2,858

131.8000 pence

 13:40 UK


1,700

131.6000 pence

 15:40 UK


263

131.6000 pence

 15:40 UK


600

131.6000 pence

 15:40 UK


284

131.6000 pence

 15:47 UK


700

131.4000 pence

 13:33 UK


205

131.4000 pence

 13:33 UK


2,095

131.4000 pence

 13:33 UK


205

131.4000 pence

 13:33 UK


648

131.4000 pence

 13:33 UK


2,352

131.4000 pence

 13:33 UK


1,299

131.4000 pence

 13:33 UK


1,496

131.4000 pence

 13:33 UK


262

131.4000 pence

 15:39 UK


241

131.4000 pence

 15:39 UK


177

131.4000 pence

 15:40 UK


1,200

131.4000 pence

 15:58 UK


900

131.4000 pence

 15:58 UK


900

131.4000 pence

 15:58 UK


3,000

131.4000 pence

 15:58 UK


900

131.4000 pence

 15:58 UK


178

131.4000 pence

 15:58 UK


1,525

131.2000 pence

 15:12 UK


290

131.2000 pence

 15:16 UK


323

131.2000 pence

 15:16 UK


233

131.2000 pence

 15:16 UK


2,154

131.2000 pence

 15:16 UK


1,662

131.2000 pence

 15:34 UK


20

131.2000 pence

 15:34 UK


808

131.2000 pence

 15:34 UK


268

131.2000 pence

 15:38 UK


3

131.2000 pence

 15:39 UK


247

131.2000 pence

 15:39 UK


280

131.2000 pence

 15:39 UK


227

131.2000 pence

 15:39 UK


1,478

130.8000 pence

 16:26 UK


122

130.8000 pence

 16:26 UK


16

130.8000 pence

 16:26 UK


248

130.8000 pence

 16:26 UK


251

130.8000 pence

 16:26 UK


256

130.8000 pence

 16:26 UK


241

130.8000 pence

 16:26 UK


237

130.8000 pence

 16:27 UK


249

130.8000 pence

 16:27 UK


278

130.8000 pence

 16:27 UK


45

130.8000 pence

 16:27 UK


277

130.8000 pence

 16:29 UK


314

130.8000 pence

 16:29 UK


263

130.8000 pence

 16:29 UK


266

130.8000 pence

 16:29 UK


514

130.6000 pence

 14:18 UK


561

130.6000 pence

 14:26 UK


95

130.6000 pence

 14:41 UK


509

130.6000 pence

 14:54 UK


90

130.6000 pence

 14:54 UK


74

130.6000 pence

 15:07 UK


79

130.6000 pence

 15:28 UK


64

130.4000 pence

 16:23 UK


2,872

130.2000 pence

 16:35 UK


2,850

130.2000 pence

 16:35 UK


457

130.2000 pence

 16:35 UK


895

130.2000 pence

 16:35 UK


754

130.2000 pence

 16:35 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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