CentralNic Group PLC Transaction in Own Shares (5940O)
October 04 2023 - 1:00AM
UK Regulatory
TIDMTIG
RNS Number : 5940O
CentralNic Group PLC
04 October 2023
4 October 2023
CentralNic Group plc
("CentralNic" or the "Company")
Transaction in Own Shares
CentralNic Group plc (trading as Team Internet (AIM: TIG)), the
global internet company that derives recurring revenue from privacy-safe,
AI based customer journeys that help online consumers make informed
choices, announces that on 3 October 2023 it purchased 136,820
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 3 October 2023
Number of ordinary shares purchased 136,820
Highest price paid per ordinary
share 127.7006 pence
Lowest price paid per ordinary share 127.7006 pence
Volume weighted average price paid per ordinary
share 127.7006 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 16,372,652
shares in treasury. The total voting rights in the Company is now
272,287,432 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,
CentralNic 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: CentralNic Group plc (ISIN: GB00BCCW4X83)
Date of purchases: 3 October 2023
Aggregate information:
Aggregated Volume Volume-weighted Venue
average price
(pence)
Individual transactions:
Volume Price Time
136,820 127.7006 16:35 UK
pence
CentralNic Group plc (trading as Team Internet) +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 CentralNic Group Plc
CentralNic (trading as 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
POSFXLLBXBLXFBL
(END) Dow Jones Newswires
October 04, 2023 02:00 ET (06:00 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