Director/PDMR Shareholding
20 August 2026
Team Internet Group plc
Directors' Dealings
Team Internet Group plc (AIM:TIG, OTCQX:TIGXF) ("Team Internet" or the "Company") announces that it received notification from Mr. Max Royde, Non-Executive Director, that an aggregate of 205,166 ordinary shares of 0.001 pence each in the company ("Shares") have been transferred out of Kestrel Partners LLP ("Kestrel") discretionary management and control due to rearrangement of client portfolios. These Shares continue to be held by the same beneficial owners.
Mr. Royde is a partner of, and holds a beneficial interest in, Kestrel. Mr. Royde is also a shareholder in Kestrel Opportunities and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in the Team Internet.
Following this transaction, Kestrel Opportunities continues to hold (and consequently Mr. Royde is deemed to have a beneficial interest in) 17,926,535 Shares in the Company, and other clients of Kestrel, in which Mr. Royde has no beneficial interest hold 49,572,978 Shares in the Company.
On a combined basis, Kestrel indirectly holds voting rights over 67,499,513 Shares in the Company, which represents 27.42 per cent of the total voting rights in the Company.
Kestrel's interest in the Shares in the Company is held through the following nominees:
Nominee
No. of shares
% of total voting rights
Bank of New York Nominees Ltd
17,926,535
7.28%
Bank of New York Nominees Ltd
24,396,754
9.91%
CB NYK - CITIBANK N.A.-PRIVATE BK
20,659,512
8.39%
Northern Trust Company AVFC
4,401,636
1.79%
iDealing Nominees Limited
115,076
0.05%
For further information contact:
Team Internet Group Plc
Michael Riedl, Chief Executive Officer
William Green, Chief Financial Officer
+44 (0) 203 388 0600
Zeus (NOMAD and Joint Broker)
James Edis / Dan Bate (Investment Banking)
Dominic King (Corporate Broking)
+44 (0) 161 831 1512
+44 (0) 203 829 5000
Berenberg (Joint Broker)
Mark Whitmore / Pallavi Malladi
+44 (0) 20 3207 7800
SEC Newgate (for Media)
Bob Huxford / Harry Handyside / Gwen Samuel
+44 (0) 203 757 6880
ANNEX
Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Max Royde
2
Reason for the notification
a)
Position/status
PCA - Kestrel Partners LLP are a PCA of Max Royde (non-executive director of Team Internet Group plc and Partner of Kestrel).
b)
Initial notification /Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Team Internet Group plc
b)
LEI
213800M4IINBWMXEKV82
4
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)
Description of the financial instrument, type of instrument
Identification code
£0.001 Ordinary Shares
ISIN: GB00BCCW4X83
b)
Nature of the transaction
Transfer of Shares out of Kestrel controlled accounts. Mr. Royde is a partner of, and holds a beneficial interest in, Kestrel. Mr. Royde is also a shareholder in one of Kestrel's clients ("Kestrel Opportunities") and is, therefore, deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in Team Internet.
c)
Price(s) and volume(s)
Transfer
Purchase
Price(s)
Volume(s)
N/A
205,166
d)
Aggregated information
- Aggregated volume
- Price
As above.
e)
Date of the transaction
19 August 2026
f)
Place of the transaction
London Stock Exchange
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