REG - Team Internet Group - Transaction in Own Shares
27/03/2025 07:15
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RNS Number : 4689C Team Internet Group PLC 27 March 2025
27 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 26 March 2025 it purchased 297,081 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 26 March 2025
Number of ordinary shares purchased 297,081
Highest price paid per ordinary share 67.5 pence
Lowest price paid per ordinary share 63 pence
Volume weighted average price paid per ordinary share 65.6929 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 26,068,898 shares in
treasury. The total voting rights in the Company is now 247,431,102 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: 26 March 2025
Individual transactions:
Volume Price Time
1,678 67.5000 pence 10:24 UK
752 67.5000 pence 10:24 UK
2,570 67.5000 pence 10:24 UK
1,667 67.5000 pence 10:24 UK
3,333 67.5000 pence 10:35 UK
367 67.5000 pence 10:35 UK
4,200 67.5000 pence 10:35 UK
800 67.5000 pence 10:35 UK
5,000 67.5000 pence 10:35 UK
916 67.5000 pence 10:35 UK
4,084 67.5000 pence 10:38 UK
5,000 67.5000 pence 10:38 UK
3,330 67.5000 pence 10:38 UK
1,670 67.5000 pence 10:40 UK
5,000 67.5000 pence 10:40 UK
5,000 67.5000 pence 10:40 UK
4,633 67.5000 pence 10:40 UK
5,000 67.0000 pence 10:40 UK
4,451 67.0000 pence 10:40 UK
549 67.0000 pence 10:40 UK
5,000 67.0000 pence 10:40 UK
5,000 67.0000 pence 10:40 UK
2,623 67.0000 pence 10:40 UK
2,377 67.0000 pence 10:40 UK
2,711 67.0000 pence 10:40 UK
5,000 67.0000 pence 10:40 UK
5,000 67.0000 pence 10:40 UK
12,289 67.0000 pence 10:40 UK
822 66.5000 pence 10:40 UK
1,226 66.5000 pence 10:43 UK
2,952 66.5000 pence 10:47 UK
5,000 66.5000 pence 10:56 UK
3,557 66.5000 pence 10:56 UK
5,000 66.5000 pence 10:56 UK
5,000 66.5000 pence 10:56 UK
1,667 66.5000 pence 10:56 UK
3,333 66.5000 pence 10:57 UK
306 66.5000 pence 10:57 UK
1,667 66.5000 pence 10:57 UK
3,333 66.5000 pence 10:57 UK
1,750 66.5000 pence 11:04 UK
1,766 66.5000 pence 11:05 UK
1,484 66.5000 pence 11:05 UK
5,000 66.5000 pence 11:05 UK
2,045 66.5000 pence 11:05 UK
2,955 66.5000 pence 11:05 UK
800 66.5000 pence 11:05 UK
337 66.5000 pence 11:05 UK
5,000 65.5000 pence 11:40 UK
5,000 65.5000 pence 11:40 UK
5,000 65.5000 pence 11:40 UK
2,500 65.5000 pence 11:40 UK
5,000 65.5000 pence 11:40 UK
1,667 65.5000 pence 11:40 UK
3,333 65.5000 pence 11:40 UK
1,667 65.5000 pence 11:40 UK
1,750 65.5000 pence 11:40 UK
1,583 65.5000 pence 11:40 UK
4,526 65.5000 pence 11:45 UK
368 65.5000 pence 11:45 UK
106 65.5000 pence 11:45 UK
112 65.5000 pence 11:45 UK
5,000 65.5000 pence 11:45 UK
5,000 65.5000 pence 11:45 UK
2,388 65.5000 pence 11:45 UK
379 64.5000 pence 11:59 UK
4,621 64.5000 pence 11:59 UK
5,000 64.5000 pence 11:59 UK
5,000 64.5000 pence 11:59 UK
3,768 64.5000 pence 12:01 UK
1,232 64.5000 pence 12:18 UK
112 64.5000 pence 12:18 UK
5,000 64.5000 pence 12:18 UK
5,000 64.5000 pence 12:18 UK
71 64.5000 pence 12:20 UK
1,240 64.5000 pence 12:20 UK
3,466 64.5000 pence 12:21 UK
223 64.5000 pence 12:21 UK
5,000 64.5000 pence 12:28 UK
5,000 64.5000 pence 12:28 UK
800 64.5000 pence 12:28 UK
1,200 64.5000 pence 12:28 UK
1,112 64.5000 pence 12:28 UK
1,776 64.5000 pence 12:28 UK
2,975 63.0000 pence 14:42 UK
2,025 63.0000 pence 14:42 UK
5,000 63.0000 pence 14:42 UK
5,000 63.0000 pence 14:42 UK
2,833 63.0000 pence 14:42 UK
573 63.0000 pence 14:44 UK
1,594 63.0000 pence 14:44 UK
5,000 63.0000 pence 14:44 UK
5,000 63.0000 pence 14:44 UK
5,000 63.0000 pence 14:45 UK
5,000 63.0000 pence 14:45 UK
5,000 63.0000 pence 14:45 UK
2,081 63.0000 pence 14:45 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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