RNS Number : 9668K
Team Internet Group PLC
05 November 2024
 





5 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 4 November 2024 it purchased 9,996 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


 4 November 2024


Number of ordinary shares purchased


 9,996

Highest price paid per ordinary share


 130.6 pence


Lowest price paid per ordinary share

 130.6 pence


Volume weighted average price paid per ordinary share

 130.6 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 16,284,803 shares in treasury. The total voting rights in the Company is now 257,215,197 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:        

4 November 2024






Aggregate information:

 






Aggregated Volume

Volume-weighted average price (pence)

Venue

 

 9,996

130.6000

London Stock Exchange





Individual transactions:

 






Volume

Price

Time

 

12

130.6000 pence

 08:00 UK


12

130.6000 pence

 12:08 UK


789

130.6000 pence

 12:08 UK


1,325

130.6000 pence

 12:14 UK


259

130.6000 pence

 12:14 UK


3,500

130.6000 pence

 12:14 UK


700

130.6000 pence

 12:14 UK


1,446

130.6000 pence

 12:14 UK


1,953

130.6000 pence

 12:14 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

teaminternet@secnewgate.co.uk









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 rns@lseg.com 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
 
 
POSFIFERLLLEIIS
Grafico Azioni Team Internet (LSE:TIG)
Storico
Da Nov 2024 a Dic 2024 Clicca qui per i Grafici di Team Internet
Grafico Azioni Team Internet (LSE:TIG)
Storico
Da Dic 2023 a Dic 2024 Clicca qui per i Grafici di Team Internet