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TEAM INTERNET GROUP PLC
Director's Dealing • Dec 3, 2024
7953_dirs_2024-12-03_c63ffab7-6730-4c3b-baa4-dbfa6dfb9245.html
Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 5089O
Team Internet Group PLC
03 December 2024
03 December 2024
Team Internet Group plc ("the Company")
Directors' Dealings
Team Internet Group plc (AIM:TIG, OTCQX:TIGXF) received notification on 02 December 2024 from Kestrel Partners LLP ("Kestrel") that on 28 and 29 November 2024 Kestrel purchased, on behalf of its discretionary client accounts, an aggregated 167,900 ordinary shares of £0.001 each ("Shares") in the Company at an average price of £0.7885 per share.
Mr Royde is a partner of, and holds a beneficial interest in, Kestrel. Mr Royde is also a shareholder in Kestrel Opportunities and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in the Company.
Following this transaction, Kestrel Opportunities holds (and consequently Mr Royde is deemed to have a beneficial interest in) 17,926,535 Shares in the Company, and other clients of Kestrel, in which Mr Royde has no beneficial interest hold 49,882,838 Shares in the Company.
On a combined basis, Kestrel indirectly holds voting rights over 67,809,373 Shares in the Company, which represents 26.66 per cent of the total voting rights in the Company.
Kestrel's interest in the Shares in the Company is held through the following nominees:
| Holding type | Nominee | No. of shares | % of total voting rights |
| Indirect | Bank of New York Nominees Ltd | 17,926,535 | 7.05% |
| Indirect | JIM Nominees Limited | 2,155,618 | 0.85% |
| Indirect | Bank of New York Nominees Ltd | 24,396,754 | 9.59% |
| Indirect | CB NYK - CITIBANK N.A.-PRIVATE BK | 19,079,476 | 7.50% |
| Indirect | Northern Trust Company AVFC | 4,250,990 | 1.67% |
For further information contact:
| Team Internet Group Plc Michael Riedl , Chief Executive Officer William Green, Chief Financial Officer |
+44 (0) 203 388 0600 | ||
| Zeus (NOMAD and Joint Broker) Nick Cowles / James Edis (Investment Banking) Dominic King (Corporate Broking) |
+44 (0) 161 831 1512 +44 (0) 203 829 5000 |
||
| Berenberg (Joint Broker) Mark Whitmore / Richard Andrews / Alix Mecklenburg-Solodkoff |
+44 (0) 20 3207 7800 | ||
| SEC Newgate (for Media) Bob Huxford / Harry Handyside / Tom Carnegie |
+44 (0) 203 757 6880 [email protected] |
||
ANNEX
Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Kestrel Partners LLP |
| 2 | Reason for the notification | |
| a) | Position/status | PCA - Max Royde (non-executive director Team Internet Group plc) |
| b) | Initial notification /Amendment | Initial |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | Team Internet Group plc |
| b) | LEI | 213800M4IINBWMXEKV82 |
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |
| a) | Description of the financial instrument, type of instrument Identification code |
£0.001 Ordinary Shares ISIN: GB00BCCW4X83 |
| b) | Nature of the transaction | Purchase |
c)
Price(s) and volume(s)
Transfer
Purchase
| Purchase | ||
| 28 November 2024 | ||
| Price(s) | Volume(s) | |
| 0.7837 | 100,000 shares | |
| Purchase | ||
| 29 November 2024 | ||
| Price(s) | Volume(s) | |
| 0.7873 | 20,000 shares | |
| Purchase | ||
| 29 November 2024 | ||
| Price(s) | Volume(s) | |
| 0.7990 | 47,900 | |
d)
Aggregated information
- Aggregated volume
- Price
Purchase Total 167,900 shares at an average price of GBP 0.7885 .
e)
Date of the transaction
28 and 29 November 2024
f)
Place of the transaction
London AIM
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