TIG Team Internet Group Plc

TIDMTIG

RNS Number : 6970L

CentralNic Group PLC

07 September 2023

 
 7 September 2023 
                                       CentralNic Group plc 
 
                                  ("CentralNic" or the "Company") 
 
                                     Transaction in Own Shares 
 
 
 CentralNic Group plc (trading as Team Internet (AIM: TIG)), 
  the global internet company that derives recurring revenue from 
  privacy-safe, AI based customer journeys that help online consumers 
  make informed choices, announces that on 6 September 2023 it 
  purchased 159,777 ordinary shares of GBP0.001 each in the Company 
  (the "Repurchased Shares"), pursuant to the share buyback programme 
  (the "Buyback Programme") that was announced on 15 May 2023, 
  as follows (together the "Transaction"): 
 
                                                                   6 September 
 Date of purchase                                                   2023 
 Number of ordinary shares purchased                               159,777 
 Highest price paid per ordinary 
  share                                                            125.2862 pence 
 Lowest price paid per ordinary share                              125.2862 pence 
 Volume weighted average price paid per 
  ordinary share                                                   125.2862 pence 
 
 Total Voting Rights 
 
 Following the Transaction, the issued share capital of the Company 
  remains unchanged at 288,660,084 and the Company now holds 13,793,688 
  shares in treasury. The total voting rights in the Company is 
  now 274,866,396 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, CentralNic 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:                        CentralNic Group plc (ISIN: GB00BCCW4X83) 
 Date of purchases:                       6 September 2023 
 
 Aggregate information: 
 
 Aggregated Volume                        Volume-weighted          Venue 
                                           average price 
                                           (pence) 
 159,777                                  125.2862                 London Stock Exchange 
 
 Individual transactions: 
 
 Volume                                   Price                    Time 
 
 159,777                                  125.2862                 16:39 UK 
                                           pence 
 
 
 
 CentralNic Group plc (trading as Team 
  Internet)                                                                   +44 (0) 203 388 0600 
 Michael Riedl, Chief Executive Officer 
 William Green, Chief Financial Officer 
 
 Zeus (NOMAD and Joint Broker) 
 Nick Cowles / Jamie Peel / 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 / Alice Cho / Harry Handyside                           teaminternet@secnewgate.co.uk 
  / Tom Carnegie 
 
 
 About CentralNic Group Plc 
 
 CentralNic (trading as Team Internet (AIM: TIG)) 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 the Company 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. 
 

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