RNS Number : 5059D
Team Internet Group PLC
03 April 2025
 





3 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 2 April 2025 it purchased 224,268 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


 2 April 2025


Number of ordinary shares purchased


 224,268

Highest price paid per ordinary share


 59 pence


Lowest price paid per ordinary share

 58 pence


Volume weighted average price paid per ordinary share

 58.5492 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 26,900,961 shares in treasury. The total voting rights in the Company is now 246,599,039 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:        

2 April 2025






Individual transactions:

 






Volume

Price

Time

 

1,809

59.0000 pence

 08:07 UK


643

59.0000 pence

 08:07 UK


2,548

59.0000 pence

 08:07 UK


637

59.0000 pence

 08:07 UK


3,700

59.0000 pence

 08:09 UK


663

59.0000 pence

 08:09 UK


4,363

59.0000 pence

 08:09 UK


314

59.0000 pence

 08:09 UK


323

59.0000 pence

 08:09 UK


637

59.0000 pence

 08:09 UK


1,455

59.0000 pence

 08:09 UK


2,908

59.0000 pence

 08:10 UK


1,392

59.0000 pence

 08:10 UK


5,000

59.0000 pence

 08:10 UK


4,785

59.0000 pence

 08:10 UK


215

59.0000 pence

 08:10 UK


461

59.0000 pence

 08:10 UK


1,667

59.0000 pence

 08:10 UK


1,278

59.0000 pence

 08:37 UK


522

59.0000 pence

 08:45 UK


1,533

59.0000 pence

 08:52 UK


5,000

59.0000 pence

 08:52 UK


1,722

59.0000 pence

 08:52 UK


528

59.0000 pence

 09:10 UK


945

59.0000 pence

 09:12 UK


1,805

59.0000 pence

 09:23 UK


3,147

59.0000 pence

 09:23 UK


5,000

58.5000 pence

 15:50 UK


43,100

58.5000 pence

 15:50 UK


2,463

58.5000 pence

 15:54 UK


25,000

58.5000 pence

 15:55 UK


203

58.5000 pence

 15:55 UK


46

58.5000 pence

 15:55 UK


5,000

58.5000 pence

 15:55 UK


17,537

58.5000 pence

 15:55 UK


2,214

58.5000 pence

 15:55 UK


2,975

58.4000 pence

 16:20 UK


152

58.4000 pence

 16:20 UK


2,013

58.4000 pence

 16:20 UK


5,000

58.4000 pence

 16:20 UK


2,400

58.4000 pence

 16:20 UK


5,000

58.4000 pence

 16:20 UK


632

58.4000 pence

 16:28 UK


11,044

58.4000 pence

 16:35 UK


28,000

58.4000 pence

 16:36 UK


3,639

58.0000 pence

 09:44 UK


1,002

58.0000 pence

 10:23 UK


300

58.0000 pence

 10:35 UK


59

58.0000 pence

 10:50 UK


2,816

58.0000 pence

 10:55 UK


427

58.0000 pence

 11:08 UK


728

58.0000 pence

 11:08 UK


427

58.0000 pence

 11:26 UK


602

58.0000 pence

 11:39 UK


2,209

58.0000 pence

 11:39 UK


403

58.0000 pence

 11:43 UK


2,371

58.0000 pence

 16:13 UK


389

58.0000 pence

 16:13 UK


1,117

58.0000 pence

 16:14 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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