REG - Team Internet Group - Transaction in Own Shares
01/04/2025 07:15
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RNS Number : 0294D Team Internet Group PLC 01 April 2025
1 April 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 31 March 2025 it purchased 306,998 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 31 March 2025
Number of ordinary shares purchased 306,998
Highest price paid per ordinary share 61 pence
Lowest price paid per ordinary share 58 pence
Volume weighted average price paid per ordinary share 59.5998 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 26,613,225 shares in
treasury. The total voting rights in the Company is now 246,886,775 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: 31 March 2025
Individual transactions:
Volume Price Time
1,667 61.0000 pence 08:12 UK
3,333 61.0000 pence 08:12 UK
1,667 61.0000 pence 08:12 UK
3,333 61.0000 pence 08:12 UK
5,000 61.0000 pence 08:12 UK
1,667 61.0000 pence 08:12 UK
3,333 61.0000 pence 08:12 UK
1,667 61.0000 pence 08:12 UK
2,966 61.0000 pence 08:12 UK
367 61.0000 pence 08:12 UK
5,000 61.0000 pence 08:12 UK
15,000 61.0000 pence 08:12 UK
1,667 61.0000 pence 08:12 UK
3,278 61.0000 pence 08:12 UK
55 61.0000 pence 08:12 UK
27 60.0000 pence 08:13 UK
3,835 60.0000 pence 08:17 UK
1,138 60.0000 pence 08:17 UK
300 60.0000 pence 08:17 UK
4,700 60.0000 pence 08:17 UK
5,000 60.0000 pence 08:17 UK
5,000 60.0000 pence 08:17 UK
5,000 60.0000 pence 08:17 UK
5,000 60.0000 pence 08:18 UK
5,000 60.0000 pence 08:19 UK
2,074 60.0000 pence 08:54 UK
300 60.0000 pence 08:54 UK
2,626 60.0000 pence 09:20 UK
1,667 60.0000 pence 09:20 UK
341 60.0000 pence 09:20 UK
1,431 60.0000 pence 09:23 UK
1,561 60.0000 pence 10:00 UK
2,498 60.0000 pence 11:55 UK
2,502 60.0000 pence 11:55 UK
11,157 59.5000 pence 16:35 UK
4,660 59.5000 pence 16:35 UK
4,660 59.5000 pence 16:35 UK
1,111 59.5000 pence 16:35 UK
1,698 59.5000 pence 16:35 UK
10,000 59.5000 pence 16:35 UK
3,681 59.5000 pence 16:35 UK
1,299 59.5000 pence 16:35 UK
1,111 59.5000 pence 16:35 UK
818 59.5000 pence 16:35 UK
861 59.5000 pence 16:35 UK
951 59.5000 pence 16:35 UK
7,124 59.5000 pence 16:35 UK
2,045 59.5000 pence 16:35 UK
1,937 59.5000 pence 16:35 UK
1,142 59.5000 pence 16:35 UK
3,540 59.5000 pence 16:35 UK
926 59.5000 pence 16:35 UK
1,390 59.5000 pence 16:35 UK
1,060 59.5000 pence 16:35 UK
759 59.5000 pence 16:35 UK
7,489 59.5000 pence 16:35 UK
1,506 59.5000 pence 16:35 UK
1,058 59.5000 pence 16:35 UK
762 59.5000 pence 16:35 UK
11,945 59.5000 pence 16:35 UK
1,450 59.5000 pence 16:35 UK
1,073 59.5000 pence 16:35 UK
27,296 59.5000 pence 16:35 UK
3 59.5000 pence 16:35 UK
2,645 59.5000 pence 16:35 UK
997 59.5000 pence 16:35 UK
7,086 59.5000 pence 16:35 UK
3,457 59.0000 pence 13:00 UK
347 59.0000 pence 13:01 UK
1,196 59.0000 pence 13:13 UK
952 59.0000 pence 13:13 UK
853 59.0000 pence 13:13 UK
1,953 59.0000 pence 13:15 UK
2,150 59.0000 pence 13:36 UK
44 59.0000 pence 13:36 UK
54 59.0000 pence 13:36 UK
2,031 59.0000 pence 13:38 UK
1,767 59.0000 pence 13:39 UK
1,202 59.0000 pence 13:51 UK
1,534 59.0000 pence 13:51 UK
2,985 59.0000 pence 13:57 UK
481 59.0000 pence 13:57 UK
1,146 59.0000 pence 13:57 UK
1,840 59.0000 pence 13:58 UK
1,987 59.0000 pence 13:58 UK
1,173 59.0000 pence 14:24 UK
941 59.0000 pence 14:24 UK
971 59.0000 pence 14:24 UK
2,021 59.0000 pence 14:26 UK
2,008 59.0000 pence 14:40 UK
661 59.0000 pence 14:40 UK
707 59.0000 pence 14:43 UK
2,152 59.0000 pence 14:54 UK
1,480 59.0000 pence 14:55 UK
5,000 59.0000 pence 15:09 UK
3,738 59.0000 pence 15:09 UK
3,169 59.0000 pence 15:09 UK
444 58.8000 pence 16:26 UK
3,658 58.8000 pence 16:26 UK
1,962 58.0000 pence 15:30 UK
3,038 58.0000 pence 15:30 UK
3,189 58.0000 pence 15:43 UK
1,417 58.0000 pence 15:44 UK
394 58.0000 pence 15:47 UK
806 58.0000 pence 15:47 UK
795 58.0000 pence 15:47 UK
4,205 58.0000 pence 15:47 UK
5,000 58.0000 pence 15:47 UK
2,047 58.0000 pence 15:47 UK
2,953 58.0000 pence 15:51 UK
65 58.0000 pence 15:51 UK
70 58.0000 pence 15:51 UK
1,715 58.0000 pence 15:51 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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