RNS Number : 8449Q
Team Internet Group PLC
20 December 2024
 





20 December 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 19 December 2024 it purchased 159,345 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


 19 December 2024


Number of ordinary shares purchased


 159,345

Highest price paid per ordinary share


 91.8 pence


Lowest price paid per ordinary share

 88.6 pence


Volume weighted average price paid per ordinary share

 90.1007 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 20,719,064 shares in treasury. The total voting rights in the Company is now 252,780,936 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:        

19 December 2024






Aggregate information:

 






Aggregated Volume

Volume-weighted average price (pence)

Venue

 

 159,345

90.1007

London Stock Exchange





Individual transactions:

 






Volume

Price

Time

 

1

90.0000 pence

 08:00 UK


6

90.0000 pence

 08:00 UK


1,891

90.0000 pence

 08:05 UK


11,187

90.0000 pence

 08:05 UK


2,106

89.0000 pence

 08:23 UK


950

89.0000 pence

 08:44 UK


6,282

89.0000 pence

 08:44 UK


662

89.0000 pence

 08:44 UK


1,516

88.6000 pence

 08:44 UK


2,518

88.6000 pence

 08:48 UK


888

88.6000 pence

 08:48 UK


1,249

88.6000 pence

 08:48 UK


887

88.6000 pence

 08:50 UK


635

89.0000 pence

 09:45 UK


4,615

89.0000 pence

 09:45 UK


1,750

89.0000 pence

 09:45 UK


1,096

89.0000 pence

 09:45 UK


1,872

89.0000 pence

 09:45 UK


198

89.0000 pence

 09:45 UK


334

89.0000 pence

 09:45 UK


1,059

89.0000 pence

 09:47 UK


976

89.0000 pence

 09:51 UK


947

89.0000 pence

 10:07 UK


1,302

89.0000 pence

 10:58 UK


966

89.0000 pence

 10:58 UK


127

89.0000 pence

 11:01 UK


127

89.0000 pence

 11:01 UK


5,123

89.0000 pence

 11:01 UK


3,873

89.0000 pence

 11:01 UK


894

88.6000 pence

 11:01 UK


1,010

88.6000 pence

 11:01 UK


4,034

88.6000 pence

 11:01 UK


1,456

88.6000 pence

 11:01 UK


432

88.6000 pence

 11:01 UK


667

88.6000 pence

 11:01 UK


78

88.6000 pence

 11:02 UK


1,401

88.6000 pence

 11:28 UK


4

89.7000 pence

 15:00 UK


844

89.7000 pence

 15:00 UK


4,288

89.7000 pence

 15:00 UK


800

89.7000 pence

 15:00 UK


154

89.7000 pence

 15:00 UK


128

89.7000 pence

 15:00 UK


90

89.7000 pence

 15:00 UK


55

89.6000 pence

 15:05 UK


249

90.8000 pence

 15:40 UK


3,365

90.8000 pence

 15:40 UK


30

90.8000 pence

 15:40 UK


2,000

90.8000 pence

 15:40 UK


4,221

90.8000 pence

 15:40 UK


135

90.8000 pence

 15:40 UK


3,939

90.6000 pence

 15:40 UK


2,495

91.6000 pence

 15:48 UK


1,800

91.6000 pence

 15:48 UK


1,306

91.6000 pence

 15:48 UK


1,400

91.6000 pence

 15:48 UK


2,294

91.6000 pence

 15:48 UK


36

91.2000 pence

 15:49 UK


783

91.2000 pence

 15:56 UK


3,373

91.8000 pence

 15:56 UK


1,913

91.2000 pence

 15:56 UK


34

91.2000 pence

 16:00 UK


2,373

91.2000 pence

 16:00 UK


49

91.2000 pence

 16:04 UK


2,070

91.2000 pence

 16:04 UK


7,742

91.2000 pence

 16:04 UK


2,077

91.0000 pence

 16:06 UK


132

91.0000 pence

 16:06 UK


6,500

91.0000 pence

 16:06 UK


58

91.0000 pence

 16:06 UK


1,233

91.0000 pence

 16:06 UK


252

91.0000 pence

 16:06 UK


2,000

91.0000 pence

 16:06 UK


660

91.0000 pence

 16:06 UK


2,000

91.0000 pence

 16:06 UK


75

91.0000 pence

 16:08 UK


1

91.0000 pence

 16:09 UK


5,012

90.5000 pence

 16:14 UK


5,000

90.5000 pence

 16:14 UK


13

90.5000 pence

 16:14 UK


887

90.5000 pence

 16:14 UK


887

90.5000 pence

 16:14 UK


1,321

90.5000 pence

 16:14 UK


1,792

90.5000 pence

 16:14 UK


100

90.5000 pence

 16:14 UK


5,000

91.0000 pence

 16:24 UK


18

90.0000 pence

 16:29 UK


30

90.0000 pence

 16:29 UK


442

90.0000 pence

 16:35 UK


442

90.0000 pence

 16:35 UK


2,976

90.0000 pence

 16:35 UK


7,352

90.0000 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 / Tom Carnegie / Harry Handyside

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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