Team Internet Group PLC Transaction in Own Shares

RNS Number : 3777Q

Team Internet Group PLC

17 December 2024


17 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 16 December 2024 it purchased 58,700 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		16 December 2024
Number of ordinary shares purchased		58,700
Highest price paid per ordinary share		92.9 pence
Lowest price paid per ordinary share		89.6 pence
Volume weighted average price paid per ordinary share		90.5575 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 20,228,099 shares in treasury. The total voting rights in the Company is now 253,271,901 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:	16 December 2024

Aggregate information:

Aggregated Volume	Volume-weighted average price (pence)	Venue
58,700	90.5575	London Stock Exchange

Individual transactions:

Volume	Price	Time
1	92.9000 pence	08:00 UK
3	92.9000 pence	08:00 UK
2,305	92.9000 pence	08:11 UK
1,695	90.9000 pence	09:22 UK
1,312	90.9000 pence	09:22 UK
1,900	90.9000 pence	09:22 UK
5,093	90.9000 pence	09:22 UK
59	90.7000 pence	09:24 UK
4,941	90.7000 pence	09:32 UK
63	90.0000 pence	09:34 UK
63	90.0000 pence	09:40 UK
63	90.0000 pence	09:42 UK
64	90.0000 pence	09:47 UK
55	90.0000 pence	09:50 UK
16	90.0000 pence	09:50 UK
70	90.0000 pence	09:50 UK
5,500	90.0000 pence	09:54 UK
254	90.5000 pence	10:27 UK
94	90.5000 pence	10:27 UK
61	90.5000 pence	10:27 UK
1,317	90.5000 pence	10:27 UK
1,844	90.5000 pence	10:27 UK
1,300	90.5000 pence	10:27 UK
541	90.5000 pence	10:27 UK
400	90.0000 pence	10:56 UK
119	90.5000 pence	11:15 UK
1,844	90.5000 pence	11:15 UK
1,431	90.5000 pence	11:15 UK
1,606	90.5000 pence	11:15 UK
13	90.5000 pence	11:26 UK
3	90.5000 pence	11:26 UK
257	90.5000 pence	12:05 UK
4,316	90.5000 pence	12:05 UK
640	90.5000 pence	12:10 UK
11,450	90.5000 pence	12:10 UK
3,706	90.0000 pence	12:57 UK
2	89.6000 pence	12:59 UK
1,853	90.0000 pence	14:19 UK
1,323	90.0000 pence	14:19 UK
1,091	90.0000 pence	14:19 UK
2	89.6000 pence	14:19 UK
5	89.6000 pence	14:25 UK
5	89.6000 pence	14:39 UK
2	89.6000 pence	14:47 UK
11	89.6000 pence	14:48 UK
5	89.6000 pence	14:53 UK
2	89.6000 pence	14:59 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		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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