RNS Number : 7666N
Team Internet Group PLC
27 November 2024
 





27 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 26 November 2024 it purchased 202,570 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


 26 November 2024


Number of ordinary shares purchased


 202,570

Highest price paid per ordinary share


 80.9 pence


Lowest price paid per ordinary share

 77 pence


Volume weighted average price paid per ordinary share

 78.5193 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 18,456,550 shares in treasury. The total voting rights in the Company is now 255,043,450 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:        

26 November 2024






Aggregate information:

 






Aggregated Volume

Volume-weighted average price (pence)

Venue

 

 202,570

78.5193

London Stock Exchange





Individual transactions:

 






Volume

Price

Time

 

3,000

79.8000 pence

 08:10 UK


1,500

79.8000 pence

 08:10 UK


1,500

79.8000 pence

 08:10 UK


3,000

79.8000 pence

 08:10 UK


3,000

79.8000 pence

 08:10 UK


3,000

79.8000 pence

 08:10 UK


2,000

80.9000 pence

 08:34 UK


753

80.9000 pence

 08:34 UK


943

80.8000 pence

 08:36 UK


15,000

79.9000 pence

 09:04 UK


61

79.5000 pence

 10:01 UK


8,061

79.5000 pence

 11:46 UK


2,939

79.5000 pence

 11:46 UK


2,427

79.5000 pence

 11:46 UK


573

79.5000 pence

 11:46 UK


792

79.5000 pence

 11:46 UK


147

79.5000 pence

 11:46 UK


111

79.7000 pence

 12:05 UK


1,074

79.0000 pence

 12:06 UK


2,074

79.0000 pence

 12:06 UK


1,926

79.0000 pence

 12:06 UK


2,648

79.0000 pence

 12:06 UK


352

79.0000 pence

 12:06 UK


176

79.0000 pence

 12:06 UK


176

79.0000 pence

 12:06 UK


50,000

79.3000 pence

 12:53 UK


15,337

78.0000 pence

 14:44 UK


11,683

78.0000 pence

 15:11 UK


18,317

77.0000 pence

 15:36 UK


19,806

77.0000 pence

 15:54 UK


16,107

77.0000 pence

 16:08 UK


14,087

77.8000 pence

 16:25 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
 
 
POSFFFFFLILRFIS
Team Internet (LSE:TIG)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024 Plus de graphiques de la Bourse Team Internet
Team Internet (LSE:TIG)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024 Plus de graphiques de la Bourse Team Internet