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 Dec 16, 2024

7953_rns_2024-12-16_23df12ff-fa78-4ee0-9ca1-827d326144ec.html

Transaction in Own Shares

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

RNS Number : 2034Q

Team Internet Group PLC

16 December 2024

16 December 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 13 December 2024 it purchased 65,710 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 13 December 2024
Number of ordinary shares purchased 65,710
Highest price paid per ordinary share 93.4 pence
Lowest price paid per ordinary share 92 pence
Volume weighted average price paid per ordinary share 92.4398 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 20,169,399 shares in treasury. The total voting rights in the Company is now 253,330,601 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: 13 December 2024
Aggregate information:
Aggregated Volume Volume-weighted average price (pence) Venue
65,710 92.4398 London Stock Exchange
Individual transactions:
Volume Price Time
211 92.0000 pence 08:00 UK
9,162 92.0000 pence 08:00 UK
9,162 92.0000 pence 08:00 UK
5,000 92.0000 pence 09:20 UK
150 92.0000 pence 12:23 UK
1,229 92.0000 pence 12:36 UK
645 92.0000 pence 12:36 UK
2,000 92.0000 pence 12:46 UK
148 92.0000 pence 12:59 UK
6,728 92.0000 pence 12:59 UK
47 93.4000 pence 15:44 UK
1,250 93.4000 pence 15:44 UK
59 93.4000 pence 15:45 UK
148 93.4000 pence 15:45 UK
1,540 92.9000 pence 15:46 UK
601 92.9000 pence 16:00 UK
1,960 92.9000 pence 16:00 UK
572 92.9000 pence 16:00 UK
1,690 92.9000 pence 16:01 UK
149 92.9000 pence 16:09 UK
1,089 92.9000 pence 16:10 UK
130 92.9000 pence 16:35 UK
11 92.9000 pence 16:35 UK
4,957 92.9000 pence 16:35 UK
99 92.9000 pence 16:35 UK
3,127 92.9000 pence 16:35 UK
99 92.9000 pence 16:35 UK
33 92.9000 pence 16:35 UK
99 92.9000 pence 16:35 UK
99 92.9000 pence 16:35 UK
13,516 92.9000 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 / Tom Carnegie / Harry Handyside [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

POSFIFERFSLRLIS

Talk to a Data Expert

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