Business

Transaction in Own Shares Rule & 2.9 Announcement

Transaction in Own Shares Rule & 2.9 Announcement.

Team Internet Group PlcFebruary 18, 20255
Transaction in Own Shares Rule & 2.9 Announcement

About this update from Team Internet Group Plc

18 February 2025 Team Internet Group plc   ("Team Internet" or the "Company") Transaction in Own Shares and Rule 2.9 Announcement 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 17 February 2025 it purchased 100,601 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  17 February 2025 Number of ordinary shares purchased  100,601 Highest price paid per ordinary share  101 pence Lowest price paid per ordinary share  98 pence Volume weighted average price paid per ordinary share  99.3082 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 24,125,764 shares in treasury. The total voting rights in the Company is now 249,374,236 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. The Company announced on 7 January 2025 that it had entered into an offer period. The ordinary shares are relevant securities of Team Internet for the purposes of Rule 8 of The City Code on Takeovers and Mergers (the "Code"). In accordance with Rule 2.9 of the Code, Team Internet therefore confirms that the total voting rights in the Company is now 249,374,236 and holds 24,125,764 shares in treasury. The ISIN reference number for these shares is GB00BCCW4X83. 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:         17 February 2025 Individual transactions:   Volume Price Time   4,060 101.0000 pence  08:40 UK 1,402 101.0000 pence  08:40 UK 940 101.0000 pence  08:40 UK 470 101.0000 pence  08:40 UK 470 101.0000 pence  08:40 UK 2,800 101.0000 pence  08:40 UK 13,598 101.0000 pence  08:40 UK 1,260 101.0000 pence  08:40 UK 3,400 99.0000 pence  10:02 UK 40 99.0000 pence  10:07 UK 3,400 99.0000 pence  10:07 UK 14,760 99.0000 pence  10:07 UK 3,400 99.0000 pence  10:07 UK 3,320 98.0000 pence  13:41 UK 601 98.0000 pence  13:41 UK 688 98.0000 pence  13:41 UK 3,320 98.0000 pence  13:41 UK 688 98.0000 pence  13:41 UK 3,320 98.0000 pence  13:41 UK 3,320 98.0000 pence  13:41 UK 3,316 98.0000 pence  13:41 UK 1,164 99.0000 pence  15:48 UK 864 99.0000 pence  15:48 UK 5,000 99.0000 pence  15:48 UK 165 98.9000 pence  15:48 UK 4,100 98.9000 pence  15:48 UK 5,735 99.0000 pence  15:48 UK 5,000 99.0000 pence  15:49 UK 10,000 99.0000 pence  15:49 UK Team Internet Group plc +44 (0) 203 388 0600 Michael Riedl, Chief Executive Officer William Green, Chief Financial Officer HSBC Bank plc (Financial Adviser)   Christopher Fincken / Andrew Owens +44 (0) 20 7991 8888 Alina Vaskina (Corporate Broking) 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 [email protected] Important Notices   HSBC Bank plc is authorised by the PRA and regulated by the FCA and the PRA in the United Kingdom and is acting exclusively for Team Internet and no one else in connection with the possible offer and other matters referred to in this announcement and will not regard any other person (whether or not a recipient of this announcement) as a client in relation to the possible offer or any other matters referred to in this announcement and is not, and will not be, responsible to anyone other than Team Internet for providing the protections afforded to its clients or for providing advice in relation to the possible offer, the contents of this announcement or any transaction or arrangement referred to in this announcement.   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  

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