FY 2023 Trading Update Replacement
29 January 2024
Team Internet Group plc
("Team Internet" or the "Company", or the "Group")
FY 2023 Trading Update Replacement
The 'FY 2023 Trading Update' announcement released on 29/01/2024 at 07:00 under RNS No 1823B has been withdrawn and should be disregarded.
It is a duplicate of RNS No 1928B which was also released on 29/01/2024 at 07:00.
-Ends-
For further information:
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Team Internet Group Plc Michael Riedl, Chief Executive Officer William Green, Chief Financial Officer |
+44 (0) 203 388 0600 |
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Zeus (NOMAD and Joint Broker) Nick Cowles / Jamie Peel / James Edis (Investment Banking) Dominic King (Corporate Broking) |
+44 (0) 161 831 1512 +44 (0) 203 829 5000 |
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Berenberg (Joint Broker) Mark Whitmore / Richard Andrews / Alix Mecklenburg-Solodkoff |
+44 (0) 20 3207 7800 |
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SEC Newgate (for Media) Bob Huxford / Alice Cho / Harry Handyside / Tom Carnegie
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+44 (0) 203 757 6880 teaminternet@secnewgate.co.uk |
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. For more information please visit: www.teaminternet.com
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