RNS Number : 2468D
Team Internet Group PLC
02 April 2025
 





2 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 1 April 2025 it purchased 63,468 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


 1 April 2025


Number of ordinary shares purchased


 63,468

Highest price paid per ordinary share


 59.9 pence


Lowest price paid per ordinary share

 58.5 pence


Volume weighted average price paid per ordinary share

 59.3341 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 26,676,693 shares in treasury. The total voting rights in the Company is now 246,823,307 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:        

1 April 2025






Individual transactions:

 






Volume

Price

Time

 

3,200

59.5000 pence

 11:01 UK


1,305

59.5000 pence

 11:01 UK


495

59.5000 pence

 11:01 UK


708

59.5000 pence

 11:01 UK


3,581

59.5000 pence

 11:01 UK


248

59.5000 pence

 11:01 UK


463

59.5000 pence

 11:06 UK


3,003

59.5000 pence

 12:28 UK


1,997

59.5000 pence

 12:28 UK


502

59.5000 pence

 12:28 UK


1,667

59.5000 pence

 12:28 UK


2,831

59.5000 pence

 12:55 UK


500

59.5000 pence

 12:55 UK


177

59.9000 pence

 13:13 UK


1,526

59.9000 pence

 13:13 UK


4,500

59.5000 pence

 13:47 UK


5,000

59.5000 pence

 13:48 UK


551

59.5000 pence

 13:48 UK


555

59.5000 pence

 13:48 UK


551

59.5000 pence

 13:48 UK


713

59.5000 pence

 13:48 UK


526

59.5000 pence

 14:16 UK


1,764

59.5000 pence

 14:32 UK


138

59.5000 pence

 14:32 UK


154

59.5000 pence

 14:32 UK


202

59.5000 pence

 14:32 UK


86

59.5000 pence

 14:35 UK


103

59.5000 pence

 14:36 UK


2,898

59.5000 pence

 14:38 UK


1,692

59.5000 pence

 14:58 UK


221

59.5000 pence

 14:58 UK


717

59.5000 pence

 14:58 UK


4,846

59.5000 pence

 15:18 UK


4,283

59.5000 pence

 15:18 UK


3,051

58.5000 pence

 15:25 UK


1,949

58.5000 pence

 15:25 UK


1,807

58.5000 pence

 15:25 UK


616

58.5000 pence

 15:25 UK


2,577

58.5000 pence

 15:25 UK


471

58.5000 pence

 15:25 UK


1

59.1000 pence

 15:31 UK


8

59.1000 pence

 15:31 UK


788

59.1000 pence

 15:31 UK


130

59.1000 pence

 15:31 UK


367

58.5000 pence

 16:24 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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