AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

TEAM INTERNET GROUP PLC

Transaction in Own Shares Nov 8, 2024

7953_rns_2024-11-08_68c13ad6-a752-472f-8efc-6fad51bd0b19.html

Transaction in Own Shares

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

RNS Number : 5109L

Team Internet Group PLC

08 November 2024

8 November 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 7 November 2024 it purchased 47,094 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 7 November 2024
Number of ordinary shares purchased 47,094
Highest price paid per ordinary share 135 pence
Lowest price paid per ordinary share 134 pence
Volume weighted average price paid per ordinary share 134.2372 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 16,455,054 shares in treasury. The total voting rights in the Company is now 257,044,946 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: 7 November 2024
Aggregate information:
Aggregated Volume Volume-weighted average price (pence) Venue
47,094 134.2372 London Stock Exchange
Individual transactions:
Volume Price Time
5,437 134.0000 pence 08:11 UK
398 134.0000 pence 11:59 UK
2 134.0000 pence 12:17 UK
9,084 134.0000 pence 12:20 UK
3,547 134.0000 pence 13:52 UK
1,009 134.0000 pence 13:52 UK
796 134.0000 pence 13:52 UK
576 134.8000 pence 14:26 UK
26 134.8000 pence 14:26 UK
3,560 134.8000 pence 14:26 UK
838 134.8000 pence 14:26 UK
5,043 134.0000 pence 15:42 UK
4,343 134.0000 pence 15:42 UK
919 134.0000 pence 15:42 UK
4,343 134.0000 pence 15:42 UK
1,436 135.0000 pence 16:19 UK
20 135.0000 pence 16:19 UK
1,569 135.0000 pence 16:19 UK
4,148 135.0000 pence 16:19 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 [email protected]
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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

POSFIFERLILTIIS

Talk to a Data Expert

Have a question? We'll get back to you promptly.