RNS Number : 7885H
Team Internet Group PLC
11 October 2024
 





11 October 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 10 October 2024 it purchased 61,381 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


 10 October 2024


Number of ordinary shares purchased


 61,381

Highest price paid per ordinary share


 132.6 pence


Lowest price paid per ordinary share

 130.4 pence


Volume weighted average price paid per ordinary share

 131.4175 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 15,466,494 shares in treasury. The total voting rights in the Company is now 258,033,506 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:        

10 October 2024






Aggregate information:

 






Aggregated Volume

Volume-weighted average price (pence)

Venue

 

 61,381

131.4175

London Stock Exchange





Individual transactions:

 






Volume

Price

Time

 

1,000

132.6000 pence

 10:48 UK


600

132.6000 pence

 10:48 UK


600

132.6000 pence

 10:48 UK


1,200

132.6000 pence

 10:48 UK


533

132.6000 pence

 10:48 UK


800

132.0000 pence

 10:48 UK


2

132.0000 pence

 11:05 UK


1,265

132.0000 pence

 11:05 UK


3,090

132.0000 pence

 11:46 UK


625

132.0000 pence

 13:30 UK


1,100

132.0000 pence

 13:40 UK


298

132.0000 pence

 13:50 UK


493

132.0000 pence

 13:50 UK


574

132.0000 pence

 13:50 UK


69

132.0000 pence

 13:50 UK


580

132.0000 pence

 14:09 UK


538

132.0000 pence

 14:09 UK


168

132.0000 pence

 14:09 UK


411

132.0000 pence

 14:13 UK


1,200

132.0000 pence

 14:21 UK


58

132.0000 pence

 14:21 UK


135

132.0000 pence

 14:21 UK


58

132.0000 pence

 14:21 UK


426

132.0000 pence

 14:28 UK


177

132.0000 pence

 14:28 UK


322

132.0000 pence

 14:28 UK


1,300

132.0000 pence

 14:35 UK


600

132.0000 pence

 14:35 UK


244

132.0000 pence

 14:35 UK


468

132.0000 pence

 14:35 UK


304

131.4000 pence

 16:19 UK


9,062

131.4000 pence

 16:19 UK


510

131.4000 pence

 16:19 UK


1

131.4000 pence

 16:19 UK


1,745

131.4000 pence

 16:19 UK


378

131.4000 pence

 16:19 UK


8,000

131.4000 pence

 16:21 UK


7

131.0000 pence

 14:40 UK


389

131.0000 pence

 14:52 UK


437

131.0000 pence

 14:53 UK


233

131.0000 pence

 14:54 UK


223

131.0000 pence

 16:35 UK


422

131.0000 pence

 16:35 UK


363

131.0000 pence

 16:35 UK


347

131.0000 pence

 16:35 UK


346

131.0000 pence

 16:35 UK


2

131.0000 pence

 16:35 UK


94

131.0000 pence

 16:35 UK


1,689

131.0000 pence

 16:35 UK


190

131.0000 pence

 16:35 UK


7

131.0000 pence

 16:35 UK


137

131.0000 pence

 16:35 UK


86

131.0000 pence

 16:35 UK


93

131.0000 pence

 16:35 UK


47

131.0000 pence

 16:35 UK


362

131.0000 pence

 16:35 UK


4

131.0000 pence

 16:35 UK


947

131.0000 pence

 16:35 UK


4,257

131.0000 pence

 16:35 UK


384

131.0000 pence

 16:35 UK


744

130.8000 pence

 15:01 UK


3,300

130.8000 pence

 15:03 UK


265

130.8000 pence

 15:03 UK


605

130.8000 pence

 16:16 UK


493

130.8000 pence

 16:16 UK


10

130.8000 pence

 16:16 UK


272

130.8000 pence

 16:19 UK


1,528

130.8000 pence

 16:19 UK


1,381

130.6000 pence

 15:22 UK


528

130.4000 pence

 15:44 UK


274

130.4000 pence

 15:52 UK


454

130.4000 pence

 15:54 UK


509

130.4000 pence

 15:57 UK


494

130.4000 pence

 16:07 UK


524

130.4000 pence

 16:07 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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