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REG - Team Internet Group - Directors' Dealings

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RNS Number : 3971Z  Team Internet Group PLC  07 April 2026

7 April 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 96,009 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
rearrangements of two 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 49,806,969 Shares in the Company.

On a combined basis, Kestrel indirectly holds voting rights over 67,733,504
Shares in the Company, which represents 27.51 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%
 JIM Nominees Limited               28,825         0.01%
 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          320,242        0.13%

 

For further information contact:

 Team Internet Group Plc                                        +44 (0) 203 388 0600

 Michael Riedl, Chief Executive Officer

 William Green, Chief Financial Officer

 Zeus (NOMAD and Joint Broker)

 James Edis / Dan Bate (Investment Banking)                    +44 (0) 161 831 1512

 Dominic King (Corporate Broking)                              +44 (0) 203 829 5000
 Berenberg (Joint Broker)

 Mark Whitmore / Richard                                       +44 (0) 20 3207 7800
 Andrews
 SEC Newgate (for Media)                                       +44 (0) 203 757 6880

 Bob Huxford / Harry Handyside / Gwen Samuel                   teaminternet (mailto:teaminternet@secnewgate.co.uk) @secnewgate.co.uk
                                                               (mailto:teaminternet@secnewgate.co.uk)

 

 

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  £0.001 Ordinary Shares

      Identification code

                                                                   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)                                       Price(s)  Volume(s)

                                                            N/A       96,009
      Transfer

      Purchase

 d)   Aggregated information

      - Aggregated volume                                          As above.

      - Price

 e)   Date of the transaction                                      31 March 2026

 f)   Place of the transaction                                     London Stock Exchange

d)

 

Aggregated information

- Aggregated volume

- Price

 

As above.

 

 

 

 

e)

 

Date of the transaction

31 March 2026

f)

 

Place of the transaction

London Stock Exchange

 

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