Team Internet Group PLC Transaction in Own Shares (2717S)
November 03 2023 - 3:05AM
UK Regulatory
TIDMTIG
RNS Number : 2717S
Team Internet Group PLC
03 November 2023
3 November 2023
Team Internet Group plc
("Team Internet" or the "Company")
Transaction in Own Shares
Team Internet Group plc (AIM: TIG), 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 2 November 2023
it purchased 78,744 ordinary shares of GBP0.001 each in the
Company (the "Repurchased Shares"), pursuant to the share buyback
programme (the "Buyback Programme") that was announced on 15
May 2023, as follows (together the "Transaction"):
Date of purchase 2 November 2023
Number of ordinary shares purchased 78,744
Highest price paid per ordinary
share 124.7318 pence
Lowest price paid per ordinary share 124.7318 pence
Volume weighted average price paid per
ordinary share 124.7318 pence
Total Voting Rights
Following the Transaction, the issued share capital of the Company
remains unchanged at 288,660,084 and the Company now holds 18,835,273
shares in treasury. The total voting rights in the Company is
now 269,824,811 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:
Team Internet Group plc (ISIN:
Shares purchased: GB00BCCW4X83)
Date of purchases: 2 November 2023
Aggregate information:
Aggregated Volume Volume-weighted Venue
average price
(pence)
78,744 124.7318 London Stock Exchange
Individual transactions:
Volume Price Time
78,744 124.7318 16:39 UK
pence
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 / Jamie Peel / 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 / Alice Cho / Harry Handyside teaminternet@secnewgate.co.uk
/ Tom Carnegie
About Team Internet Group plc
Team Internet (AIM: TIG) 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 the Company 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.
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
POSFIFLILSLVIIV
(END) Dow Jones Newswires
November 03, 2023 03:05 ET (07:05 GMT)
Team Internet (LSE:TIG)
Historical Stock Chart
From Jun 2024 to Jul 2024
Team Internet (LSE:TIG)
Historical Stock Chart
From Jul 2023 to Jul 2024