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TEAM INTERNET GROUP PLC

Transaction in Own Shares Dec 27, 2023

7953_rns_2023-12-27_3c8a75ae-c267-4975-8f16-ef9044e96455.html

Transaction in Own Shares

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National Storage Mechanism | Additional information

RNS Number : 8429X

Team Internet Group PLC

27 December 2023

27 December 2023
Team Internet Group plc
("Team Internet" or the "Company")
Transaction in Own Shares
Team Internet Group plc (AIM: TIG), 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 22 December 2023 it purchased 101,305 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 15 May 2023, as follows (together the "Transaction"):
Date of purchase 22 December 2023
Number of ordinary shares purchased 101,305
Highest price paid per ordinary share 125 pence
Lowest price paid per ordinary share 123.4 pence
Volume weighted average price paid per ordinary share 124.3974 pence
Total Voting Rights
Following the Transaction, the issued share capital of the Company remains unchanged at 288,660,084 and the Company now holds 22,075,911 shares in treasury. The total voting rights in the Company is now 266,584,173 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: 22 December 2023
Aggregate information:
Aggregated Volume Volume-weighted average price (pence) Venue
101,305 124.3974 London Stock Exchange
Individual transactions:
Volume Price Time
6,103 124.2000 pence 08:07 UK
248 124.2000 pence 08:07 UK
1,460 124.2000 pence 08:07 UK
3,329 124.2000 pence 08:07 UK
165 124.2000 pence 08:07 UK
1,460 124.0000 pence 08:07 UK
2,000 124.0000 pence 08:07 UK
310 124.0000 pence 08:07 UK
6,230 124.0000 pence 08:07 UK
4,950 123.4000 pence 08:17 UK
1,460 123.4000 pence 08:17 UK
251 123.4000 pence 08:17 UK
3,339 123.4000 pence 08:22 UK
1,380 123.4000 pence 08:36 UK
194 123.4000 pence 08:36 UK
48 123.4000 pence 08:36 UK
211 123.4000 pence 08:36 UK
4,500 123.4000 pence 08:39 UK
1,223 123.4000 pence 08:39 UK
2,444 123.4000 pence 08:39 UK
98 124.0000 pence 10:27 UK
316 124.0000 pence 10:27 UK
1,420 124.0000 pence 10:27 UK
4,083 124.0000 pence 10:27 UK
280 124.0000 pence 10:27 UK
444 124.0000 pence 10:27 UK
1,268 124.0000 pence 10:27 UK
2,091 124.0000 pence 11:16 UK
25,000 125.0000 pence 12:17 UK
25,000 125.0000 pence 12:35 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 / Jamie Peel / 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 / Alice Cho / Harry Handyside / Tom Carnegie [email protected]
About Team Internet Group plc
Team Internet (AIM: TIG) 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 the Company 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.

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