Source - LSE Regulatory
RNS Number : 1614G
Team Internet Group PLC
30 September 2024
 





30 September 2024




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 27 September 2024 it purchased 70,009 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


 27 September 2024


Number of ordinary shares purchased


 70,009

Highest price paid per ordinary share


 133 pence


Lowest price paid per ordinary share

 130.6 pence


Volume weighted average price paid per ordinary share

 132.7123 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 15,041,737 shares in treasury. The total voting rights in the Company is now 258,458,263 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:        

27 September 2024






Aggregate information:

 






Aggregated Volume

Volume-weighted average price (pence)

Venue

 

 70,009

132.7123

London Stock Exchange





Individual transactions:

 






Volume

Price

Time

 

3,000

130.6000 pence

 11:15 UK


934

131.4000 pence

 11:32 UK


173

131.4000 pence

 11:32 UK


171

131.4000 pence

 11:32 UK


156

131.4000 pence

 11:32 UK


765

131.4000 pence

 15:08 UK


1

132.6000 pence

 15:58 UK


154

132.8000 pence

 15:58 UK


512

133.0000 pence

 15:58 UK


362

132.6000 pence

 15:58 UK


248

133.0000 pence

 15:58 UK


1,606

133.0000 pence

 15:58 UK


2,334

133.0000 pence

 15:58 UK


279

133.0000 pence

 15:58 UK


812

133.0000 pence

 15:59 UK


283

133.0000 pence

 15:59 UK


53

132.6000 pence

 15:59 UK


122

132.6000 pence

 15:59 UK


265

133.0000 pence

 15:59 UK


180

132.6000 pence

 15:59 UK


18

132.6000 pence

 15:59 UK


27

132.6000 pence

 15:59 UK


53

132.6000 pence

 15:59 UK


125

132.6000 pence

 15:59 UK


587

133.0000 pence

 15:59 UK


9

132.6000 pence

 16:00 UK


297

133.0000 pence

 16:01 UK


18

132.6000 pence

 16:01 UK


253

132.6000 pence

 16:01 UK


205

132.6000 pence

 16:04 UK


261

133.0000 pence

 16:04 UK


936

133.0000 pence

 16:04 UK


934

132.6000 pence

 16:05 UK


159

132.6000 pence

 16:05 UK


934

132.8000 pence

 16:05 UK


160

132.8000 pence

 16:05 UK


2,130

133.0000 pence

 16:05 UK


263

133.0000 pence

 16:05 UK


251

133.0000 pence

 16:05 UK


51

132.6000 pence

 16:05 UK


420

132.8000 pence

 16:05 UK


276

133.0000 pence

 16:05 UK


288

133.0000 pence

 16:08 UK


152

132.8000 pence

 16:08 UK


276

133.0000 pence

 16:08 UK


214

133.0000 pence

 16:09 UK


926

133.0000 pence

 16:22 UK


289

133.0000 pence

 16:22 UK


247

133.0000 pence

 16:22 UK


157

133.0000 pence

 16:22 UK


640

133.0000 pence

 16:22 UK


292

133.0000 pence

 16:23 UK


299

133.0000 pence

 16:23 UK


23

133.0000 pence

 16:23 UK


1,148

133.0000 pence

 16:25 UK


298

133.0000 pence

 16:25 UK


255

133.0000 pence

 16:25 UK


266

133.0000 pence

 16:25 UK


282

133.0000 pence

 16:25 UK


276

133.0000 pence

 16:25 UK


720

133.0000 pence

 16:25 UK


3

133.0000 pence

 16:27 UK


289

133.0000 pence

 16:27 UK


299

133.0000 pence

 16:27 UK


283

133.0000 pence

 16:27 UK


254

133.0000 pence

 16:27 UK


112

133.0000 pence

 16:29 UK


251

133.0000 pence

 16:29 UK


274

133.0000 pence

 16:29 UK


247

133.0000 pence

 16:29 UK


5,275

132.8000 pence

 16:35 UK


1,488

132.8000 pence

 16:35 UK


2,544

132.8000 pence

 16:35 UK


2,556

132.8000 pence

 16:35 UK


626

132.8000 pence

 16:35 UK


1

132.8000 pence

 16:35 UK


139

132.8000 pence

 16:35 UK


2,205

132.8000 pence

 16:35 UK


212

132.8000 pence

 16:35 UK


738

132.8000 pence

 16:35 UK


237

132.8000 pence

 16:35 UK


892

132.8000 pence

 16:35 UK


493

132.8000 pence

 16:35 UK


2,431

132.8000 pence

 16:35 UK


667

132.8000 pence

 16:35 UK


871

132.8000 pence

 16:35 UK


552

132.8000 pence

 16:35 UK


1,625

132.8000 pence

 16:35 UK


265

132.8000 pence

 16:35 UK


1,136

132.8000 pence

 16:35 UK


2,049

132.8000 pence

 16:35 UK


34

132.8000 pence

 16:35 UK


2,659

132.8000 pence

 16:35 UK


128

132.8000 pence

 16:35 UK


631

132.8000 pence

 16:35 UK


3,759

132.8000 pence

 16:35 UK


1,531

132.8000 pence

 16:35 UK


2,920

132.8000 pence

 16:35 UK


440

132.8000 pence

 16:35 UK


1,068

132.8000 pence

 16:35 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 / Harry Handyside / Tom Carnegie

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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