Transaction in Own Shares

Source: RNS
RNS Number : 4856N
Team Internet Group PLC
25 November 2024
 





25 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 22 November 2024 it purchased 195,415 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


 22 November 2024


Number of ordinary shares purchased


 195,415

Highest price paid per ordinary share


 84.8 pence


Lowest price paid per ordinary share

 81.2 pence


Volume weighted average price paid per ordinary share

 82.1212 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 18,133,980 shares in treasury. The total voting rights in the Company is now 255,366,020 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:        

22 November 2024






Aggregate information:

 






Aggregated Volume

Volume-weighted average price (pence)

Venue

 

 195,415

82.1212

London Stock Exchange





Individual transactions:

 






Volume

Price

Time

 

764

84.8000 pence

 09:08 UK


1,900

83.2000 pence

 09:30 UK


992

83.2000 pence

 09:31 UK


322

83.2000 pence

 09:35 UK


3,214

83.2000 pence

 09:35 UK


3,214

83.2000 pence

 09:35 UK


2,559

83.2000 pence

 09:35 UK


3,214

83.2000 pence

 09:35 UK


10,000

83.0000 pence

 09:50 UK


10,000

83.0000 pence

 09:50 UK


1,036

82.8000 pence

 09:51 UK


61

82.4000 pence

 10:39 UK


95

82.4000 pence

 10:56 UK


21

82.4000 pence

 10:56 UK


14

82.4000 pence

 10:56 UK


22

82.4000 pence

 10:56 UK


48

82.4000 pence

 10:56 UK


53

82.4000 pence

 10:57 UK


14

82.4000 pence

 10:57 UK


5

82.4000 pence

 10:57 UK


2

82.4000 pence

 10:57 UK


2

82.4000 pence

 10:57 UK


14

82.4000 pence

 10:58 UK


2

82.4000 pence

 10:58 UK


159

82.4000 pence

 10:59 UK


76

82.4000 pence

 10:59 UK


1,231

82.4000 pence

 10:59 UK


1,181

82.4000 pence

 10:59 UK


26

82.4000 pence

 10:59 UK


6

82.4000 pence

 11:01 UK


23

82.4000 pence

 11:01 UK


5

82.4000 pence

 11:01 UK


52

82.4000 pence

 11:02 UK


2,888

82.4000 pence

 11:11 UK


100

82.4000 pence

 11:15 UK


1,450

82.4000 pence

 11:15 UK


1,450

82.4000 pence

 11:15 UK


2,900

82.4000 pence

 11:15 UK


100

82.4000 pence

 11:19 UK


1,142

82.4000 pence

 11:19 UK


201

82.4000 pence

 11:20 UK


5

82.4000 pence

 11:20 UK


2

82.4000 pence

 11:20 UK


31

82.4000 pence

 11:20 UK


147

82.4000 pence

 11:20 UK


322

82.4000 pence

 11:21 UK


68

82.4000 pence

 11:21 UK


189

82.4000 pence

 11:21 UK


92

82.4000 pence

 11:21 UK


131

82.4000 pence

 11:21 UK


189

82.4000 pence

 11:22 UK


194

82.4000 pence

 11:22 UK


16

82.4000 pence

 11:22 UK


271

82.4000 pence

 11:22 UK


2,708

82.0000 pence

 11:23 UK


3,128

82.0000 pence

 11:23 UK


3,128

82.0000 pence

 11:23 UK


3,128

82.0000 pence

 11:23 UK


1,770

82.0000 pence

 11:23 UK


230

82.0000 pence

 11:23 UK


17

82.0000 pence

 11:23 UK


190

82.0000 pence

 11:23 UK


264

82.0000 pence

 11:24 UK


13

82.0000 pence

 11:24 UK


424

82.0000 pence

 11:24 UK


386

81.8000 pence

 12:22 UK


2

81.6000 pence

 12:57 UK


3

81.6000 pence

 12:59 UK


3

81.6000 pence

 13:09 UK


1,779

81.7500 pence

 14:13 UK


94

82.0000 pence

 14:38 UK


997

82.0000 pence

 14:38 UK


834

82.0000 pence

 14:38 UK


5,855

82.0000 pence

 14:38 UK


8,212

82.0000 pence

 14:38 UK


535

82.0000 pence

 14:38 UK


1,253

82.0000 pence

 14:38 UK


2,085

81.8000 pence

 14:39 UK


6,627

81.8000 pence

 14:39 UK


10,000

82.0000 pence

 14:40 UK


29,509

82.0000 pence

 14:40 UK


441

81.6000 pence

 15:30 UK


2,766

81.6000 pence

 15:36 UK


8

81.6000 pence

 15:38 UK


14

81.6000 pence

 15:38 UK


29

81.6000 pence

 15:38 UK


4

81.6000 pence

 15:38 UK


45

81.6000 pence

 15:39 UK


29

81.6000 pence

 15:39 UK


112

81.6000 pence

 15:39 UK


53

81.6000 pence

 15:40 UK


9,326

81.8000 pence

 15:52 UK


2,000

81.8500 pence

 16:06 UK


2,000

81.8500 pence

 16:06 UK


11

81.9000 pence

 16:06 UK


4,662

81.8500 pence

 16:06 UK


5,338

81.8500 pence

 16:06 UK


1,935

81.8500 pence

 16:06 UK


4

81.9000 pence

 16:06 UK


3,065

81.8500 pence

 16:06 UK


2,094

81.9000 pence

 16:07 UK


2,921

81.6000 pence

 16:11 UK


746

81.6000 pence

 16:11 UK


1,013

81.6000 pence

 16:11 UK


95

81.6000 pence

 16:14 UK


1,361

81.6000 pence

 16:14 UK


3,215

81.6000 pence

 16:14 UK


1,754

81.6000 pence

 16:14 UK


45

81.2000 pence

 16:22 UK


2,310

81.2000 pence

 16:22 UK


12

81.2000 pence

 16:22 UK


5

81.2000 pence

 16:22 UK


76

81.2000 pence

 16:22 UK


141

81.2000 pence

 16:22 UK


536

81.2000 pence

 16:22 UK


2,211

81.2000 pence

 16:22 UK


914

81.2000 pence

 16:22 UK


510

81.2000 pence

 16:22 UK


34

81.2000 pence

 16:22 UK


765

81.2000 pence

 16:22 UK


606

81.2000 pence

 16:22 UK


505

81.2000 pence

 16:22 UK


705

81.2000 pence

 16:22 UK


33

81.2000 pence

 16:22 UK


3,092

81.2000 pence

 16:22 UK


31

81.2000 pence

 16:23 UK


687

81.2000 pence

 16:23 UK


67

81.2000 pence

 16:23 UK


17

81.2000 pence

 16:23 UK


44

81.2000 pence

 16:23 UK


7

81.2000 pence

 16:23 UK


25

81.2000 pence

 16:23 UK


5

81.2000 pence

 16:24 UK


23

81.2000 pence

 16:24 UK


31

81.2000 pence

 16:24 UK


1,548

82.0000 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 / 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








 

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