RNS Number : 1582M
Team Internet Group PLC
14 November 2024
 

 





14 November 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 13 November 2024 it purchased 163,201 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


 13 November 2024


Number of ordinary shares purchased


 163,201

Highest price paid per ordinary share


 88.3 pence


Lowest price paid per ordinary share

 86 pence


Volume weighted average price paid per ordinary share

 87.167 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 16,975,779 shares in treasury. The total voting rights in the Company is now 256,524,221 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:        

13 November 2024






Aggregate information:

 






Aggregated Volume

Volume-weighted average price (pence)

Venue

 

 163,201

87.1670

London Stock Exchange





Individual transactions:

 






Volume

Price

Time

 

164

87.0000 pence

 08:01 UK


1,595

87.0000 pence

 08:01 UK


4,902

87.0000 pence

 08:01 UK


1,831

87.0000 pence

 08:01 UK


2,784

87.0000 pence

 08:01 UK


1,617

87.0000 pence

 08:01 UK


308

87.0000 pence

 08:01 UK


664

88.0000 pence

 09:16 UK


997

88.0000 pence

 09:42 UK


264

88.0000 pence

 09:42 UK


264

88.0000 pence

 09:42 UK


12,811

88.0000 pence

 09:42 UK


278

87.5000 pence

 10:18 UK


1,622

88.0000 pence

 10:23 UK


56

88.0000 pence

 10:23 UK


822

88.0000 pence

 10:23 UK


10,000

88.0000 pence

 10:24 UK


650

88.3000 pence

 11:48 UK


2,757

88.3000 pence

 11:48 UK


229

88.3000 pence

 11:49 UK


6,364

88.3000 pence

 11:49 UK


1,886

88.0000 pence

 11:49 UK


858

88.0000 pence

 13:03 UK


1,086

88.0000 pence

 13:25 UK


1,086

88.0000 pence

 13:40 UK


101

88.0000 pence

 13:48 UK


114

88.0000 pence

 13:48 UK


212

88.0000 pence

 13:48 UK


627

88.0000 pence

 13:48 UK


123

88.0000 pence

 13:49 UK


3,907

88.0000 pence

 13:49 UK


652

87.5000 pence

 14:00 UK


215

87.5000 pence

 14:01 UK


670

87.5000 pence

 14:01 UK


7,713

87.5000 pence

 14:01 UK


1,531

87.5000 pence

 14:01 UK


1,174

87.5000 pence

 14:01 UK


267

87.5000 pence

 14:01 UK


329

87.0000 pence

 14:21 UK


1,770

87.0000 pence

 14:21 UK


671

87.0000 pence

 14:21 UK


6,227

87.0000 pence

 14:21 UK


1,601

87.0000 pence

 14:21 UK


235

87.0000 pence

 14:21 UK


2,199

87.0000 pence

 14:21 UK


1,115

87.0000 pence

 14:21 UK


595

87.0000 pence

 14:23 UK


2,030

87.0000 pence

 14:25 UK


229

87.0000 pence

 14:25 UK


702

87.0000 pence

 14:25 UK


217

87.0000 pence

 14:25 UK


7,080

87.0000 pence

 14:25 UK


156

87.5000 pence

 14:27 UK


4,321

87.5000 pence

 14:27 UK


38

87.5000 pence

 14:27 UK


123

87.5000 pence

 14:27 UK


51

87.5000 pence

 14:27 UK


216

87.5000 pence

 14:27 UK


337

87.5000 pence

 14:27 UK


127

87.5000 pence

 14:27 UK


128

87.5000 pence

 14:27 UK


120

87.5000 pence

 14:27 UK


1,658

87.5000 pence

 14:27 UK


916

87.5000 pence

 14:28 UK


541

87.5000 pence

 14:29 UK


491

87.5000 pence

 14:48 UK


1,086

87.5000 pence

 14:48 UK


252

87.5000 pence

 14:50 UK


95

87.5000 pence

 14:53 UK


499

87.5000 pence

 14:55 UK


64

87.5000 pence

 14:55 UK


1,086

87.5000 pence

 14:55 UK


64

87.5000 pence

 14:57 UK


849

87.5000 pence

 14:59 UK


83

87.5000 pence

 14:59 UK


90

87.8000 pence

 15:11 UK


1,609

87.8000 pence

 15:11 UK


82

86.5000 pence

 15:18 UK


1,280

86.5000 pence

 15:18 UK


12,040

86.5000 pence

 15:18 UK


436

86.5000 pence

 15:18 UK


394

86.5000 pence

 15:18 UK


378

86.5000 pence

 15:18 UK


336

86.5000 pence

 15:18 UK


306

86.5000 pence

 15:18 UK


295

86.5000 pence

 15:18 UK


270

86.5000 pence

 15:18 UK


244

86.5000 pence

 15:18 UK


220

86.5000 pence

 15:18 UK


1,689

86.5000 pence

 15:19 UK


314

86.5000 pence

 15:20 UK


305

86.5000 pence

 15:20 UK


287

86.5000 pence

 15:20 UK


264

86.5000 pence

 15:20 UK


250

86.5000 pence

 15:20 UK


231

86.5000 pence

 15:20 UK


226

86.5000 pence

 15:20 UK


372

86.5000 pence

 15:25 UK


4,781

86.5000 pence

 15:32 UK


25,000

86.0000 pence

 15:41 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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