REG - Team Internet Group - Transaction in Own Shares
25/09/2024 07:00
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RNS Number : 5196F Team Internet Group PLC 25 September 2024
25 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 24 September 2024 it purchased 86,857 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 24 September 2024
Number of ordinary shares purchased 86,857
Highest price paid per ordinary share 131.6 pence
Lowest price paid per ordinary share 129.4 pence
Volume weighted average price paid per ordinary share 130.7887 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 14,854,975 shares in
treasury. The total voting rights in the Company is now 258,645,025 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: 24 September 2024
Aggregate information:
Aggregated Volume Volume-weighted average price (pence) Venue
86,857 130.7887 London Stock Exchange
Individual transactions:
Volume Price Time
1,401 130.8000 pence 10:39 UK
287 130.8000 pence 10:39 UK
1,312 130.8000 pence 10:39 UK
1,661 130.2000 pence 10:39 UK
1,168 130.2000 pence 10:39 UK
4,028 130.2000 pence 10:39 UK
1,500 129.6000 pence 10:40 UK
748 129.4000 pence 10:40 UK
685 129.8000 pence 10:40 UK
685 130.0000 pence 10:40 UK
548 129.8000 pence 10:40 UK
300 130.0000 pence 10:40 UK
286 129.8000 pence 10:40 UK
248 130.0000 pence 10:40 UK
380 129.4000 pence 10:41 UK
401 131.6000 pence 12:50 UK
227 131.6000 pence 12:50 UK
75 131.6000 pence 12:50 UK
5,000 131.2000 pence 13:07 UK
4,297 131.0000 pence 13:09 UK
5,000 130.8000 pence 13:57 UK
2,359 131.2000 pence 14:11 UK
1,543 131.2000 pence 14:11 UK
43 131.2000 pence 14:11 UK
1,288 131.2000 pence 14:21 UK
5,000 130.8000 pence 14:57 UK
2,400 130.4000 pence 14:57 UK
152 130.4000 pence 14:57 UK
1,104 130.4000 pence 14:58 UK
1,651 131.0000 pence 15:01 UK
1,168 131.0000 pence 15:01 UK
159 131.0000 pence 15:01 UK
1,600 130.8000 pence 15:02 UK
350 130.8000 pence 15:02 UK
31 130.8000 pence 15:03 UK
19 130.4000 pence 15:37 UK
1,325 130.4000 pence 15:41 UK
1,430 131.0000 pence 16:01 UK
1,244 131.0000 pence 16:01 UK
156 131.0000 pence 16:01 UK
380 130.2000 pence 16:13 UK
1,122 131.0000 pence 16:14 UK
379 131.0000 pence 16:14 UK
119 131.0000 pence 16:14 UK
17 130.6000 pence 16:17 UK
3,100 130.6000 pence 16:18 UK
36 130.6000 pence 16:20 UK
1,430 131.0000 pence 16:22 UK
1,100 131.0000 pence 16:22 UK
88 131.0000 pence 16:22 UK
891 131.0000 pence 16:22 UK
428 131.0000 pence 16:22 UK
1,063 131.0000 pence 16:22 UK
1,395 131.0000 pence 16:23 UK
292 131.0000 pence 16:23 UK
3 131.0000 pence 16:23 UK
311 131.0000 pence 16:23 UK
227 131.0000 pence 16:23 UK
1,994 130.6000 pence 16:27 UK
33 130.6000 pence 16:27 UK
18,598 131.0000 pence 16:28 UK
592 131.0000 pence 16:28 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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