16 December 2025
Team Internet Group plc
Director/PDMR Shareholdings
Team Internet Group plc (AIM:TIG, OTCQX:TIGXF) ("Team Internet" or the "Company") announces that it received notification from Mr. Max Royde, Non-Executive Director, that an aggregate of 208,135 ordinary shares of 0.001 pence each in the Company ( "Shares") have been transferred out of Kestrel Partners LLP's ("Kestrel") discretionary management and control due to the rearrangement of two client portfolios. These Shares continue to be held by the same beneficial owners.
Mr. Royde is a partner of, and holds a beneficial interest in, Kestrel. Mr. Royde is also a shareholder in Kestrel Opportunities and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding of Shares in the Company.
Following this notification, Kestrel Opportunities now holds (and consequently Mr. Royde is deemed to have a beneficial interest in) 17,926,535 Shares in the Company, and other discretionary management clients of Kestrel, in which Mr. Royde has no beneficial interest hold 49,902,978 Shares in the Company.
On a combined basis, Kestrel indirectly holds voting rights over 67,829,513 Shares in the Company, which represents approximately 27.55 per cent of the total voting rights in the Company.
Kestrel's interest in the Shares in the Company is held through the following nominees:
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Nominee |
No. of Shares |
% of total voting rights |
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Bank of New York Nominees Ltd |
17,926,535 |
7.28% |
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JIM Nominees Limited |
1,608,861 |
0.65% |
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Bank of New York Nominees Ltd |
24,396,754 |
9.91% |
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CB NYK - CITIBANK N.A.-PRIVATE BK |
19,079,476 |
7.75% |
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Northern Trust Company AVFC |
4,401,636 |
1.79% |
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iDealing Nominees Limited |
416,251 |
0.17% |
For further information contact:
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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) Dan Bate / 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 |
+44 (0) 20 3207 7800 |
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SEC Newgate (for Media) Bob Huxford / Harry Handyside / Gwen Samuel |
+44 (0) 203 757 6880 teaminternet@secnewgate.co.uk |
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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: domain name management, identity and software solutions (DIS segment) and high-growth digital advertising (Comparison and Search segments). The DIS 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 Comparison and Search segments create 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 Company's high-quality earnings come from subscription recurring revenues in the DIS segment and revenue share on rolling utility-style contracts in the Comparison and Search segments.
For more information please visit: www.teaminternet.com
ANNEX
Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Max Royde
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2
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Reason for the notification
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a)
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Position/status
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PCA - Kestrel Partners LLP are a PCA of Max Royde (non-executive director of Team Internet Group plc and Partner of Kestrel). |
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b)
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Initial notification /Amendment |
Initial |
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Team Internet Group plc |
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b)
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LEI
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213800M4IINBWMXEKV82 |
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4
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Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
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a)
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Description of the financial instrument, type of instrument Identification code
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£0.001 Ordinary Shares
ISIN: GB00BCCW4X83
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b)
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Nature of the transaction
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Transfer of Shares out of Kestrel controlled accounts. Mr. Royde is a partner of, and holds a beneficial interest in, Kestrel. Mr. Royde is also a shareholder in one of Kestrel's clients ("Kestrel Opportunities") and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in Shares in the Company. |
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c)
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Price(s) and volume(s)
Transfer
Purchase
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d)
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Aggregated information - Aggregated volume - Price |
As above.
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e)
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Date of the transaction |
12 December 2025 |
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f)
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Place of the transaction |
N/A |
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