RNS Number : 6950D
Team Internet Group PLC
04 April 2025
 




4 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 3 April 2025 it purchased 208,473 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


 3 April 2025


Number of ordinary shares purchased


 208,473

Highest price paid per ordinary share


 58 pence


Lowest price paid per ordinary share

 56 pence


Volume weighted average price paid per ordinary share

 57.2097 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 27,109,434 shares in treasury. The total voting rights in the Company is now 246,390,566 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:        

3 April 2025






Individual transactions:

 






Volume

Price

Time

 

195

58.0000 pence

 09:50 UK


4,805

58.0000 pence

 10:24 UK


44,770

58.0000 pence

 10:24 UK


555

58.0000 pence

 10:24 UK


4,445

58.0000 pence

 10:24 UK


3,703

58.0000 pence

 10:24 UK


9,120

57.3000 pence

 15:48 UK


80

57.3000 pence

 15:48 UK


393

57.2000 pence

 15:48 UK


203

57.1000 pence

 15:46 UK


124

57.1000 pence

 15:46 UK


1,667

57.0000 pence

 10:40 UK


386

57.0000 pence

 10:40 UK


2,947

57.0000 pence

 10:40 UK


1,667

57.0000 pence

 10:40 UK


3,333

57.0000 pence

 10:40 UK


1,667

57.0000 pence

 10:40 UK


3,333

57.0000 pence

 10:40 UK


5,000

57.0000 pence

 10:40 UK


1,667

57.0000 pence

 10:40 UK


1,099

57.0000 pence

 10:41 UK


2,234

57.0000 pence

 10:41 UK


363

57.0000 pence

 10:56 UK


1,667

57.0000 pence

 10:56 UK


2,970

57.0000 pence

 10:56 UK


168

57.0000 pence

 10:56 UK


4,832

57.0000 pence

 10:56 UK


258

57.0000 pence

 10:56 UK


6

57.0000 pence

 10:56 UK


126

57.0000 pence

 10:56 UK


483

57.0000 pence

 10:56 UK


1,537

57.0000 pence

 10:56 UK


132

57.0000 pence

 10:56 UK


2,458

57.0000 pence

 10:57 UK


1,431

57.0000 pence

 10:57 UK


335

57.0000 pence

 10:57 UK


132

57.0000 pence

 10:57 UK


154

57.0000 pence

 10:58 UK


1,204

57.0000 pence

 11:03 UK


3,175

57.0000 pence

 11:03 UK


3,569

57.0000 pence

 11:03 UK


23,000

57.0000 pence

 15:00 UK


138

57.0000 pence

 15:00 UK


5,000

57.0000 pence

 15:00 UK


10,569

57.0000 pence

 15:00 UK


1,694

57.0000 pence

 15:00 UK


8,800

57.0000 pence

 15:49 UK


1,368

56.8000 pence

 14:59 UK


464

56.8000 pence

 14:59 UK


5,000

56.8000 pence

 14:59 UK


190

56.8000 pence

 15:35 UK


603

56.8000 pence

 15:35 UK


75

56.8000 pence

 15:35 UK


3,358

56.8000 pence

 15:36 UK


2,142

56.8000 pence

 15:36 UK


3,358

56.8000 pence

 15:36 UK


2,103

56.8000 pence

 15:36 UK


1,255

56.8000 pence

 15:36 UK


3,145

56.8000 pence

 15:36 UK


2,339

56.8000 pence

 15:36 UK


1,019

56.8000 pence

 15:36 UK


558

56.8000 pence

 15:36 UK


355

56.6000 pence

 14:47 UK


141

56.6000 pence

 14:47 UK


1,654

56.6000 pence

 14:47 UK


617

56.6000 pence

 14:47 UK


1,667

56.0000 pence

 11:03 UK


1,800

56.0000 pence

 11:03 UK


1,533

56.0000 pence

 11:03 UK


1,667

56.0000 pence

 11:03 UK


3,333

56.0000 pence

 11:03 UK


423

56.0000 pence

 11:03 UK


356

56.0000 pence

 12:59 UK


356

56.0000 pence

 13:14 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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