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




 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
POSFFFVLVLILVIE