RNS Number : 8946F
Team Internet Group PLC
27 September 2024
 





27 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 26 September 2024 it purchased 73,345 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


 26 September 2024


Number of ordinary shares purchased


 73,345

Highest price paid per ordinary share


 134 pence


Lowest price paid per ordinary share

 133 pence


Volume weighted average price paid per ordinary share

 133.7194 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 14,971,728 shares in treasury. The total voting rights in the Company is now 258,528,272 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:        

26 September 2024






Aggregate information:

 






Aggregated Volume

Volume-weighted average price (pence)

Venue

 

 73,345

133.7194

London Stock Exchange





Individual transactions:

 






Volume

Price

Time

 

788

134.0000 pence

 13:05 UK


980

134.0000 pence

 13:05 UK


884

134.0000 pence

 13:05 UK


253

134.0000 pence

 13:05 UK


1,160

134.0000 pence

 13:05 UK


1,003

134.0000 pence

 13:05 UK


1,051

134.0000 pence

 13:05 UK


263

134.0000 pence

 13:05 UK


1,206

134.0000 pence

 13:05 UK


829

134.0000 pence

 13:05 UK


351

134.0000 pence

 13:05 UK


1,155

134.0000 pence

 13:06 UK


190

134.0000 pence

 13:06 UK


312

134.0000 pence

 13:06 UK


118

134.0000 pence

 13:06 UK


1,134

134.0000 pence

 13:06 UK


1,133

134.0000 pence

 13:06 UK


1,140

134.0000 pence

 13:06 UK


1,143

134.0000 pence

 13:06 UK


1,145

134.0000 pence

 13:06 UK


1,145

134.0000 pence

 13:06 UK


1,144

134.0000 pence

 13:06 UK


1,016

134.0000 pence

 13:06 UK


1,126

134.0000 pence

 13:10 UK


1,121

134.0000 pence

 13:10 UK


1,111

134.0000 pence

 13:10 UK


217

134.0000 pence

 13:10 UK


1,113

134.0000 pence

 13:10 UK


1,112

134.0000 pence

 13:10 UK


1,113

134.0000 pence

 13:10 UK


1,115

134.0000 pence

 13:10 UK


41

134.0000 pence

 13:10 UK


1,117

134.0000 pence

 13:10 UK


167

134.0000 pence

 13:10 UK


647

134.0000 pence

 13:10 UK


1,115

134.0000 pence

 13:59 UK


1,122

134.0000 pence

 13:59 UK


153

134.0000 pence

 13:59 UK


955

134.0000 pence

 14:00 UK


1,097

134.0000 pence

 14:17 UK


206

134.0000 pence

 14:17 UK


497

134.0000 pence

 14:17 UK


1,188

134.0000 pence

 15:11 UK


1,358

134.0000 pence

 15:11 UK


326

134.0000 pence

 15:11 UK


151

134.0000 pence

 15:11 UK


45

134.0000 pence

 15:11 UK


484

134.0000 pence

 15:11 UK


960

134.0000 pence

 15:26 UK


776

134.0000 pence

 15:26 UK


887

134.0000 pence

 15:26 UK


327

134.0000 pence

 15:26 UK


50

134.0000 pence

 15:26 UK


18

134.0000 pence

 15:38 UK


941

134.0000 pence

 15:38 UK


457

133.8000 pence

 13:05 UK


481

133.6000 pence

 14:00 UK


48

133.6000 pence

 14:48 UK


2,471

133.6000 pence

 14:48 UK


1,314

133.6000 pence

 14:48 UK


843

133.6000 pence

 14:48 UK


843

133.6000 pence

 14:48 UK


91

133.6000 pence

 14:48 UK


2,000

133.6000 pence

 14:53 UK


909

133.6000 pence

 15:07 UK


65

133.6000 pence

 15:36 UK


2,935

133.6000 pence

 15:36 UK


345

133.6000 pence

 15:39 UK


1,600

133.6000 pence

 15:39 UK


330

133.6000 pence

 15:39 UK


725

133.6000 pence

 15:39 UK


2,279

133.4000 pence

 15:52 UK


721

133.4000 pence

 15:52 UK


12,689

133.0000 pence

 15:57 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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