Team Internet Group (TIG)

Sector:

IT Services

Index:

FTSE AIM All-Share

172.00p
   
  • Change Today:
      6.20p
  • 52 Week High: 172.00
  • 52 Week Low: 109.00
  • Currency: UK Pounds
  • Shares Issued: 259.23m
  • Volume: 667,355
  • Market Cap: £445.87m
  • RiskGrade: 75

Director dealings: Non-exec linked to CentralNic purchase, LSE make another buyback

By Josh White

Date: Monday 19 Jun 2023

LONDON (ShareCast) - (Sharecast News) - On the buying side of the ledger on Monday was CentralNic Group, which disclosed that Kestrel Partners had bought more than 70,000 shares.
The company said it was told on 16 June that Kestrel purchased 72,000 shares on behalf of its discretionary client accounts.

Kestrel paid 117.1289p for each share, valuing the transaction at a total of £84,332.808.

CentralNic said its non-executive directory, Max Royde, is a partner of, and has a beneficial interest in Kestrel Partners, and is also a shareholder in the similarly-named Kestrel Opportunities.

Following this transaction, Kestrel Opportunities held, and thus Royde was deemed to have a beneficial interest in, 17,926,535 CentralNic shares, and other clients of Kestrel in which Royde had no beneficial interest held 48,631,125 shares.

On a combined basis, Kestrel indirectly held voting rights over 66,557,660 of the firm's shares, representing 23.48% of its issued share capital.

London Stock Exchange Group was meanwhile once again on the selling side of things, as its post-Refinitiv share buyback continued.

The company said York Holdings II sold back another 9,178 shares on 16 June, in a single transaction on the London Stock Exchange.

It received 8,766.43p for each share, giving the sale a value of £804,582.95.

LSE Group director Martin Brand is also a director of York Holdings II, which is understood to be part of the structure owning the consideration shares paid by the exchange operator when its acquisition of Refinitiv from Thomson Reuters and Blackstone was completed.

At 1254 BST, shares in London Stock Exchange Group were down 0.5% at 8,676p, while those in CentralNic Group were ahead 0.35% at 115.8p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

TIG Market Data

Currency UK Pounds
Share Price 172.00p
Change Today 6.20p
% Change 3.74 %
52 Week High 172.00
52 Week Low 109.00
Volume 667,355
Shares Issued 259.23m
Market Cap £445.87m
RiskGrade 75

TIG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
47.35% below the market average47.35% below the market average47.35% below the market average47.35% below the market average47.35% below the market average
3.70% above the sector average3.70% above the sector average3.70% above the sector average3.70% above the sector average3.70% above the sector average
Price Trend
90.74% above the market average90.74% above the market average90.74% above the market average90.74% above the market average90.74% above the market average
82.42% above the sector average82.42% above the sector average82.42% above the sector average82.42% above the sector average82.42% above the sector average
Income
17.78% above the market average17.78% above the market average17.78% above the market average17.78% above the market average17.78% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Growth
90.57% above the market average90.57% above the market average90.57% above the market average90.57% above the market average90.57% above the market average
90.59% above the sector average90.59% above the sector average90.59% above the sector average90.59% above the sector average90.59% above the sector average

TIG Dividends

  Latest Previous
  Final Final
Ex-Div 25-Apr-24 04-May-23
Paid 28-May-24 16-Jun-23
Amount 2.00p 1.00p

Trades for 17-May-2024

Time Volume / Share Price
18:08 44,819 @ 169.95p
16:51 2,404 @ 172.00p
16:51 2,102 @ 172.00p
16:40 13,250 @ 167.80p
16:40 13,250 @ 168.05p

TIG Key Personnel

Chair Iain McDonald

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