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

CentralNic unveils several new partnerships and integrations

By Josh White

Date: Monday 07 Aug 2023

LONDON (ShareCast) - (Sharecast News) - Internet marketing platform specialist CentralNic reported a string of new strategic alliances and advancements in an update on Monday.
The AIM-traded firm said its commerce media arm Zeropark has been elevated to 'tier 1 demand partner' status by Sovrn, a major publisher tech platform which serves 500 million active consumers daily.

It said the status recognised Zeropark's substantial business scale with Sovrn, and highlighted CentralNic's ongoing dedication to transparency, compliance, and adhering to terms of service (TOS) and operational standards.

With the promotion, Zeropark would secure exclusive access to premium ad placements reserved for Sovrn's most reputable partners.

Moreover, a notable collaboration was formed between Zeropark and online travel agency Booking.com.

The alliance was intended to drive more vacation reservations on Booking.com via specialised advertising campaigns orchestrated by Zeropark.

Elsewhere, buy-now-pay-later provider Klarna had been integrated as a direct publisher within the Zeropark network.

The move would bring innovative advertising opportunities, augmenting the product discovery and buying experience for Klarna's substantial base of 150 million users.

Finally, CentralNic said its ad tracker Voluum had unveiled a fresh integration with e-commerce giant Shopify.

The no-cost integration would empower CentralNic clients to transfer conversion data from their Shopify outlets to Voluum.

"These recent strategic alliances are not just partnerships, they are a testament to CentralNic's unwavering commitment to innovation and collaboration," said chief executive officer Michael Riedl.

"They seamlessly align with CentralNic's strategic objective to work hand-in-hand with industry leaders across all sectors we engage in.

"These partnerships not only further enhance the value proposition of Zeropark and Voluum for our advertisers and publishers; they also underscore our dedication to understanding and addressing the unique needs of our business partners."

Riedl said CentralNic's ability to secure premier companies as partners was a reflection of its understanding of respective value chains, and its commitment to fostering a symbiotic relationship to benefit all parties involved.

"This is not just about business growth; it's about shaping the future of the digital landscape together.

"We are committed to continuing our growth trajectory and further strengthening our partnerships.

"We believe these alliances will significantly contribute to our mission of shaping the future of the digital landscape."

At 0804 BST, shares in CentralNic were down 0.15% at 129.8p.

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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