TEAM INTERNET GROUP PLC

Transaction in Own Shares • Jan 28, 2025

National Storage Mechanism | Additional information

RNS Number : 8677U

Team Internet Group PLC

28 January 2025

28 January 2025
Team Internet Group plc
("Team Internet" or the "Company")
Transaction in Own Shares
and
Rule 2.9 Announcement
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 January 2025 it purchased 150,504 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 January 2025
Number of ordinary shares purchased		150,504
Highest price paid per ordinary share		110 pence
Lowest price paid per ordinary share		106 pence
Volume weighted average price paid per ordinary share		108.5576 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 22,598,340 shares in treasury. The total voting rights in the Company is now 250,901,660 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.
The Company announced on 7 January 2025 that it had entered into an offer period. The ordinary shares are relevant securities of Team Internet for the purposes of Rule 8 of The City Code on Takeovers and Mergers (the "Code"). In accordance with Rule 2.9 of the Code, Team Internet therefore confirms that the total voting rights in the Company is now 250,901,660 and holds 22,598,340 shares in treasury. The ISIN reference number for these shares is GB00BCCW4X83.
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 January 2025
Individual transactions:
Volume	Price	Time
106	110.0000 pence	08:00 UK
1,000	110.0000 pence	08:00 UK
414	110.0000 pence	08:00 UK
2,000	110.0000 pence	08:00 UK
1,802	110.0000 pence	08:00 UK
182	110.0000 pence	08:00 UK
906	109.8000 pence	08:01 UK
1,165	109.8000 pence	08:01 UK
3,749	109.8000 pence	08:01 UK
200	109.8000 pence	08:01 UK
158	109.8000 pence	08:03 UK
2,500	109.8000 pence	08:10 UK
400	109.8000 pence	08:10 UK
922	109.8000 pence	08:11 UK
2,000	110.0000 pence	09:25 UK
4,121	110.0000 pence	09:34 UK
17	110.0000 pence	10:04 UK
4,983	110.0000 pence	10:04 UK
1,500	109.4000 pence	10:04 UK
780	109.4000 pence	10:04 UK
3,951	109.4000 pence	10:04 UK
1,322	109.2000 pence	10:05 UK
4,087	109.2000 pence	10:05 UK
858	109.0000 pence	10:05 UK
3,733	109.0000 pence	10:05 UK
413	108.4000 pence	10:05 UK
1,355	108.4000 pence	10:05 UK
63	108.4000 pence	10:33 UK
1	108.4000 pence	10:42 UK
974	108.4000 pence	10:59 UK
2,030	108.6000 pence	11:01 UK
3,379	108.6000 pence	11:01 UK
947	108.4000 pence	11:01 UK
3,337	108.4000 pence	11:01 UK
2,648	108.2000 pence	11:01 UK
100	108.2000 pence	11:02 UK
4,491	108.2000 pence	11:02 UK
993	108.0000 pence	11:02 UK
1,260	108.2000 pence	11:02 UK
1,183	108.2000 pence	11:02 UK
2,557	108.2000 pence	11:02 UK
854	108.0000 pence	11:05 UK
733	108.0000 pence	11:23 UK
5,000	108.2000 pence	11:42 UK
400	108.2000 pence	11:58 UK
816	108.0000 pence	11:58 UK
957	108.0000 pence	12:18 UK
754	108.0000 pence	12:35 UK
73	108.0000 pence	13:02 UK
2,730	108.0000 pence	13:23 UK
1,900	109.0000 pence	13:40 UK
122	109.0000 pence	13:40 UK
73	109.0000 pence	13:40 UK
916	109.0000 pence	13:40 UK
1,500	109.0000 pence	13:40 UK
89	109.0000 pence	13:40 UK
929	109.0000 pence	14:03 UK
2,400	109.0000 pence	14:20 UK
2,800	109.0000 pence	14:29 UK
594	109.0000 pence	14:29 UK
4,000	109.4000 pence	14:50 UK
591	109.4000 pence	14:50 UK
5,409	109.0000 pence	14:56 UK
636	109.0000 pence	15:10 UK
5,100	109.0000 pence	15:11 UK
764	109.0000 pence	15:11 UK
1,288	108.6000 pence	15:11 UK
5,062	108.6000 pence	15:11 UK
3,650	108.4000 pence	15:11 UK
5,000	108.2000 pence	15:13 UK
1,777	108.2000 pence	15:13 UK
10,000	106.8000 pence	15:32 UK
1,392	106.8000 pence	15:49 UK
1,319	106.8000 pence	15:58 UK
2,289	107.0000 pence	16:09 UK
5,309	106.8000 pence	16:09 UK
163	106.0000 pence	16:27 UK
1,771	106.0000 pence	16:27 UK
1,406	106.0000 pence	16:29 UK
1,351	106.2000 pence	16:35 UK
Team Internet Group plc		+44 (0) 203 388 0600
Michael Riedl, Chief Executive Officer
William Green, Chief Financial Officer
HSBC Bank plc (Financial Adviser)
Christopher Fincken / Andrew Owens		+44 (0) 20 7991 8888
Alina Vaskina (Corporate Broking)
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		teaminternet@secnewgate.co.uk
Important Notices
HSBC Bank plc is authorised by the PRA and regulated by the FCA and the PRA in the United Kingdom and is acting exclusively for Team Internet and no one else in connection with the possible offer and other matters referred to in this announcement and will not regard any other person (whether or not a recipient of this announcement) as a client in relation to the possible offer or any other matters referred to in this announcement and is not, and will not be, responsible to anyone other than Team Internet for providing the protections afforded to its clients or for providing advice in relation to the possible offer, the contents of this announcement or any transaction or arrangement referred to in this announcement.
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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