RNS Number : 8617C
Team Internet Group PLC
31 March 2025
 





31 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 28 March 2025 it purchased 182,000 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


 28 March 2025


Number of ordinary shares purchased


 182,000

Highest price paid per ordinary share


 63.9 pence


Lowest price paid per ordinary share

 61.7 pence


Volume weighted average price paid per ordinary share

 62.4275 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 26,306,227 shares in treasury. The total voting rights in the Company is now 247,193,773 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:        

28 March 2025






Individual transactions:

 






Volume

Price

Time

 

2,000

63.9000 pence

 08:00 UK


368

63.0000 pence

 11:27 UK


604

63.0000 pence

 11:27 UK


1,343

63.0000 pence

 11:27 UK


1,566

63.0000 pence

 11:27 UK


1,119

63.0000 pence

 11:27 UK


881

63.0000 pence

 11:27 UK


685

63.0000 pence

 11:27 UK


3,947

63.0000 pence

 11:27 UK


368

63.0000 pence

 11:27 UK


734

63.0000 pence

 11:27 UK


1,422

63.0000 pence

 11:27 UK


1,800

63.0000 pence

 11:27 UK


358

63.0000 pence

 11:27 UK


174

63.0000 pence

 11:27 UK


512

63.0000 pence

 11:27 UK


512

63.0000 pence

 11:27 UK


1,496

63.0000 pence

 11:27 UK


2,992

63.0000 pence

 12:27 UK


632

63.0000 pence

 12:27 UK


4,368

63.0000 pence

 12:27 UK


555

63.0000 pence

 12:27 UK


4,445

63.0000 pence

 12:27 UK


494

63.0000 pence

 12:27 UK


4,506

63.0000 pence

 12:27 UK


501

63.0000 pence

 12:27 UK


3,095

63.0000 pence

 13:45 UK


1,404

63.0000 pence

 13:45 UK


3,095

63.0000 pence

 13:45 UK


344

63.0000 pence

 13:45 UK


462

63.0000 pence

 13:45 UK


647

63.0000 pence

 13:45 UK


210

63.0000 pence

 13:45 UK


33

63.0000 pence

 13:45 UK


3,304

63.0000 pence

 13:45 UK


1,024

63.0000 pence

 13:45 UK


1,203

62.8000 pence

 13:46 UK


66

62.8000 pence

 13:46 UK


2,582

62.8000 pence

 13:46 UK


3,243

62.8000 pence

 13:48 UK


1,757

62.8000 pence

 13:48 UK


122

62.8000 pence

 13:48 UK


4,878

62.8000 pence

 13:48 UK


122

62.8000 pence

 13:48 UK


27

62.8000 pence

 13:48 UK


95

62.8000 pence

 13:48 UK


27

62.8000 pence

 13:48 UK


433

62.8000 pence

 13:48 UK


586

62.8000 pence

 13:48 UK


3,710

62.8000 pence

 13:48 UK


412

62.8000 pence

 13:48 UK


166

62.8000 pence

 13:48 UK


4,422

62.8000 pence

 13:53 UK


5,000

62.8000 pence

 13:53 UK


1,149

62.8000 pence

 13:53 UK


941

62.3000 pence

 13:53 UK


1,353

62.3000 pence

 14:18 UK


2,706

62.3000 pence

 14:18 UK


2,706

62.3000 pence

 14:18 UK


2,294

62.3000 pence

 14:18 UK


412

62.3000 pence

 14:18 UK


5,000

62.3000 pence

 14:18 UK


3,700

62.3000 pence

 15:24 UK


1,300

62.3000 pence

 15:24 UK


510

62.3000 pence

 15:24 UK


59

62.3000 pence

 15:25 UK


4,431

62.3000 pence

 15:48 UK


3,164

62.3000 pence

 15:48 UK


643

62.3000 pence

 15:48 UK


351

62.3000 pence

 15:48 UK


842

62.3000 pence

 15:48 UK


257

62.3000 pence

 15:48 UK


129

62.3000 pence

 15:48 UK


4,871

62.3000 pence

 15:49 UK


677

62.3000 pence

 15:49 UK


4,323

62.3000 pence

 15:49 UK


1,441

62.3000 pence

 15:49 UK


481

62.3000 pence

 15:49 UK


3,078

62.3000 pence

 15:49 UK


481

62.3000 pence

 15:49 UK


502

62.3000 pence

 15:49 UK


1,284

62.3000 pence

 15:49 UK


2,064

62.3000 pence

 15:49 UK


1,667

61.7000 pence

 15:56 UK


3,333

61.7000 pence

 15:56 UK


4,069

61.7000 pence

 15:56 UK


413

61.7000 pence

 15:56 UK


518

61.7000 pence

 15:56 UK


51

61.7000 pence

 15:56 UK


1,667

61.7000 pence

 15:56 UK


438

61.7000 pence

 15:56 UK


131

61.7000 pence

 15:56 UK


2,635

61.7000 pence

 15:56 UK


129

61.7000 pence

 15:56 UK


308

61.7000 pence

 15:56 UK


1,667

61.7000 pence

 15:56 UK


849

61.7000 pence

 15:56 UK


2,176

61.7000 pence

 15:56 UK


163

61.7000 pence

 15:56 UK


294

61.7000 pence

 15:56 UK


1,613

61.7000 pence

 15:56 UK


438

61.7000 pence

 15:56 UK


1,177

61.7000 pence

 16:01 UK


1

61.7000 pence

 16:14 UK


619

61.7000 pence

 16:14 UK


537

61.7000 pence

 16:14 UK


158

61.7000 pence

 16:14 UK


173

61.7000 pence

 16:14 UK


1,667

61.7000 pence

 16:14 UK


290

61.7000 pence

 16:14 UK


957

61.7000 pence

 16:19 UK


1,913

61.7000 pence

 16:19 UK


318

61.7000 pence

 16:19 UK


4,100

61.7000 pence

 16:20 UK


582

61.7000 pence

 16:20 UK


1,561

61.7000 pence

 16:20 UK


456

61.7000 pence

 16:20 UK


1,147

61.7000 pence

 16:20 UK


366

61.7000 pence

 16:20 UK


1,470

61.7000 pence

 16:20 UK


366

61.7000 pence

 16:20 UK


602

61.7000 pence

 16:29 UK


4,398

61.7000 pence

 16:29 UK


4,583

61.7000 pence

 16:29 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




 

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