Team Internet Regulatory News (TIG)

6 January 2025

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 3 January 2025 it purchased 126,166 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

 3 January 2025

Number of ordinary shares purchased

 126,166

Highest price paid per ordinary share

 94 pence

Lowest price paid per ordinary share

 92.4 pence

Volume weighted average price paid per ordinary share

 93.2502 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 21,339,340 shares in treasury. The total voting rights in the Company is now 252,160,660 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.

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:

3 January 2025

Aggregate information:

Aggregated Volume

Volume-weighted average price (pence)

Venue

 126,166

93.2502

London Stock Exchange

Individual transactions:

Volume

Price

Time

3,166

94.0000 pence

 09:25 UK

3,205

93.8000 pence

 09:25 UK

1,600

93.8000 pence

 09:25 UK

1,605

93.8000 pence

 09:25 UK

3,205

93.8000 pence

 09:25 UK

3,395

93.8000 pence

 09:25 UK

3,205

93.8000 pence

 09:26 UK

2,849

93.8000 pence

 09:26 UK

3,205

93.8000 pence

 09:27 UK

731

93.8000 pence

 09:30 UK

4,023

93.6000 pence

 10:04 UK

4,023

93.6000 pence

 10:07 UK

754

93.6000 pence

 10:07 UK

3,269

93.6000 pence

 10:07 UK

3,269

93.6000 pence

 10:07 UK

754

93.6000 pence

 10:07 UK

746

93.6000 pence

 10:07 UK

4,023

93.6000 pence

 10:08 UK

87

93.6000 pence

 10:08 UK

4,023

93.6000 pence

 10:08 UK

29

93.6000 pence

 10:08 UK

1,600

93.4000 pence

 10:08 UK

1,469

93.4000 pence

 10:08 UK

1,469

93.4000 pence

 10:08 UK

1,600

93.4000 pence

 10:08 UK

815

93.4000 pence

 10:09 UK

2,254

93.4000 pence

 10:09 UK

445

93.4000 pence

 10:31 UK

1,900

93.4000 pence

 10:31 UK

354

93.4000 pence

 10:39 UK

305

93.4000 pence

 10:48 UK

65

93.4000 pence

 10:59 UK

2,086

93.4000 pence

 10:59 UK

3,069

93.4000 pence

 10:59 UK

3,069

93.4000 pence

 10:59 UK

3,069

93.4000 pence

 10:59 UK

867

93.4000 pence

 10:59 UK

564

93.4000 pence

 10:59 UK

3,537

93.0000 pence

 11:00 UK

713

93.0000 pence

 11:00 UK

1,900

93.0000 pence

 11:14 UK

2,350

93.0000 pence

 11:14 UK

4,250

93.0000 pence

 11:14 UK

4,250

93.0000 pence

 11:14 UK

238

93.0000 pence

 11:15 UK

1,530

93.0000 pence

 11:15 UK

29

93.0000 pence

 11:15 UK

2,453

93.0000 pence

 11:15 UK

551

93.0000 pence

 11:15 UK

310

93.0000 pence

 11:15 UK

2,889

93.0000 pence

 11:16 UK

2,282

92.4000 pence

 12:39 UK

2,718

92.4000 pence

 13:26 UK

480

92.4000 pence

 13:26 UK

5,000

92.4000 pence

 13:26 UK

435

92.4000 pence

 13:26 UK

4,565

92.4000 pence

 13:26 UK

3,000

92.4000 pence

 13:26 UK

2,000

92.4000 pence

 13:27 UK

1,034

92.4000 pence

 13:27 UK

1,650

92.4000 pence

 13:27 UK

1,482

92.4000 pence

 13:28 UK

305

92.4000 pence

 13:34 UK

49

92.4000 pence

 14:04 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