REG - Team Internet Group - Transaction in Own Shares
06/03/2025 07:15
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RNS Number : 6185Z Team Internet Group PLC 06 March 2025
6 March 2025
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 5 March 2025 it purchased 170,795 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 5 March 2025
Number of ordinary shares purchased 170,795
Highest price paid per ordinary share 60.4 pence
Lowest price paid per ordinary share 52 pence
Volume weighted average price paid per ordinary share 55.7591 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 25,005,213 shares in
treasury. The total voting rights in the Company is now 248,494,787 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: 5 March 2025
Individual transactions:
Volume Price Time
592 55.0000 pence 08:11 UK
984 55.9000 pence 08:22 UK
2,994 55.9000 pence 08:22 UK
22 55.9000 pence 08:22 UK
10,000 56.4000 pence 08:44 UK
1,459 56.4000 pence 08:55 UK
639 57.4000 pence 09:03 UK
1,361 57.4000 pence 09:03 UK
200 57.3000 pence 09:07 UK
385 57.3000 pence 09:10 UK
1,365 57.3000 pence 09:10 UK
673 58.9000 pence 09:19 UK
1,327 58.9000 pence 09:19 UK
1,323 60.4000 pence 10:13 UK
1,329 60.4000 pence 10:13 UK
1,329 60.4000 pence 10:13 UK
1,327 60.4000 pence 10:13 UK
1,329 60.4000 pence 10:13 UK
1,329 60.4000 pence 10:13 UK
1,329 60.4000 pence 10:13 UK
1,445 60.0000 pence 10:13 UK
1,410 60.4000 pence 10:13 UK
1,329 60.4000 pence 10:13 UK
1,329 60.4000 pence 10:13 UK
1,329 60.4000 pence 10:13 UK
1,329 60.4000 pence 10:13 UK
926 60.4000 pence 10:13 UK
146 60.0000 pence 10:18 UK
1,479 60.0000 pence 10:18 UK
10,000 58.0000 pence 11:51 UK
10,000 58.0000 pence 11:51 UK
3,800 57.0000 pence 12:13 UK
10,000 57.0000 pence 12:13 UK
6,200 57.0000 pence 12:13 UK
594 56.0000 pence 13:01 UK
7,947 56.0000 pence 13:01 UK
1,264 55.0000 pence 13:39 UK
4 55.0000 pence 13:39 UK
4 55.0000 pence 13:40 UK
4 55.0000 pence 13:40 UK
8,132 55.0000 pence 13:45 UK
10,000 55.0000 pence 13:45 UK
8,583 54.0000 pence 13:46 UK
1,417 54.0000 pence 13:48 UK
10,000 54.0000 pence 13:48 UK
10,000 53.0000 pence 14:16 UK
26 53.0000 pence 14:16 UK
9,974 53.0000 pence 14:16 UK
2,800 52.0000 pence 14:35 UK
7,200 52.0000 pence 14:35 UK
10,000 52.0000 pence 14:35 UK
828 52.0000 pence 14:35 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 (http://www.teaminternet.com/)
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