Transaction in Own Shares

Team Internet Group PLC

28 February 2024

 

28 February 2024
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 27 February 2024 it purchased 72,568 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 15 May 2023, as follows (together the "Transaction"):
Date of purchase			27 February 2024
Number of ordinary shares purchased			72,568
Highest price paid per ordinary share			135.1156 pence
Lowest price paid per ordinary share			135.1156 pence
Volume weighted average price paid per ordinary share			135.1156 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 27,556,354 shares in treasury. The total voting rights in the Company is now 261,103,730 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:		27 February 2024
Aggregate information:
Aggregated Volume	Volume-weighted average price (pence)		Venue
72,568	135.1156		London Stock Exchange
Individual transactions:
Volume	Price		Time
72,568	135.1156 pence		16:35 UK
Team Internet Group plc			[phone]
Michael Riedl, Chief Executive Officer
William Green, Chief Financial Officer
Zeus (NOMAD and Joint Broker)
Nick Cowles / Jamie Peel / James Edis (Investment Banking)			[phone]
Dominic King (Corporate Broking)			[phone]
Berenberg (Joint Broker)			[phone]
Mark Whitmore / Richard Andrews / Alix Mecklenburg-Solodkoff
SEC Newgate (for Media)			[phone]
Bob Huxford / Alice Cho / Harry Handyside / Tom Carnegie			[e-mail]

 

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