Duyuru • Jan 20
Team Internet Group plc Provides Group Earnings Guidance for the Fiscal Year 2025 Team Internet Group plc provided group earnings guidance for the fiscal year 2025. For the year, the Group now expects net revenue towards the top end of the range of current analyst forecasts. Analyst consensus of net revenue for the financial year ending 31 December 2025 as of 19 January 2026 is USD 126 million (analyst range of USD 113 million and USD 134 million). Duyuru • Aug 11
Team Internet Group plc to Report First Half, 2025 Results on Sep 01, 2025 Team Internet Group plc announced that they will report first half, 2025 results on Sep 01, 2025 Duyuru • Mar 31
Team Internet Group plc, Annual General Meeting, Apr 28, 2025 Team Internet Group plc, Annual General Meeting, Apr 28, 2025. Location: the companys registered office, 4th floor, saddlers house, 44 gutter lane, ecv 6br, london United Kingdom Duyuru • Mar 15
Team Internet Group plc to Report Fiscal Year 2024 Results on Mar 24, 2025 Team Internet Group plc announced that they will report fiscal year 2024 results on Mar 24, 2025 Duyuru • Mar 06
Verdane Fund Manager AB cancelled the acquisition of Internet Group plc (AIM:TIG) from Slater Investments Limited and others. Verdane Fund Manager AB made a proposal to acquire Team Internet Group plc (AIM:TIG) from Slater Investments Limited and others for approximately £320 million on January 7, 2025. In a related transaction, Team Internet Group plc also received a proposal from TowerBrook Capital Partners (U.K.) LLP on January 7, 2025. Under the terms of offer, each proposal is for £1.25 per Team Internet share in cash with an option for Team Internet shareholders to elect for an unlisted equity alternative in respect of Team Internet shares. The two proposals follow earlier approaches from each of the respective offerors, both of which were rejected by the Board as undervaluing the Company and its future prospects. The Board is currently considering both approaches with its advisers, including limited interaction with the Potential Offerors, and will make further announcements in due course as appropriate.
The proposal is subject to satisfaction or waiver of a number of pre-conditions, including completion of satisfactory due diligence, finalization of financing and definitive transaction documentation. There can be no certainty that any firm offer will be made, nor as to the terms on which such offer might be made.
Christopher Fincken, Andrew Owens and Alina Vaskina of HSBC Bank plc and Nick Cowles, James Edis and Dominic King of Zeus Capital Limited acted as financial advisor to Team Internet Group plc.
Verdane Fund Manager AB cancelled the acquisition of Internet Group plc (AIM:TIG) from Slater Investments Limited and others for on March 4, 2025. Duyuru • Jan 09
TowerBrook Capital Partners (U.K.) LLP proposed to acquire Team Internet Group plc (AIM:TIG) from Slater Investments Ltd and others for approximately £320 million. TowerBrook Capital Partners (U.K.) LLP proposed to acquire Team Internet Group plc (AIM:TIG) from Slater Investments Ltd and others for approximately £320 million on January 7, 2025. A cash consideration valued at £1.25 per share will be paid by TowerBrook Capital Partners. In related transaction, Verdane Fund Manager AB made a proposal to acquire Team Internet Group. Each proposal is for £1.25 per Team Internet share in cash with an option for Team Internet shareholders to elect for an unlisted equity alternative in respect of Team Internet shares. The two proposals follow earlier approaches from each of the respective offerors, both of which were rejected by the Board as undervaluing the Company and its future prospects. The Board is currently considering both approaches with its advisers, including limited interaction with the Potential Offerors, and will make further announcements in due course as appropriate.
Both proposals are subject to satisfaction or waiver of a number of pre-conditions, including completion of satisfactory due diligence, finalization of financing and definitive transaction documentation. TowerBrook and Verdane have until February 4, 2025 to announce a firm intention to make an offer, or to announce that they do not intend to make an offer. This deadline will only be extended with the consent of the Takeover Panel.
Christopher Fincken and Andrew Owens of HSBC Bank plc acted as Financial Adviser and Nick Cowles and James Edis of Zeus Capital Limited acted as nomad advisor to Team Internet Group. Duyuru • Jan 08
Verdane Fund Manager AB made a proposal to acquire Team Internet Group plc (AIM:TIG) from Slater Investments Limited and others for approximately £320 million. Verdane Fund Manager AB made a proposal to acquire Team Internet Group plc (AIM:TIG) from Slater Investments Limited and others for approximately £320 million on January 7, 2025. In a related transaction, Team Internet Group plc also received a proposal from TowerBrook Capital Partners (U.K.) LLP on January 7, 2025. Under the terms of offer, each proposal is for £1.25 per Team Internet share in cash with an option for Team Internet shareholders to elect for an unlisted equity alternative in respect of Team Internet shares. The two proposals follow earlier approaches from each of the respective offerors, both of which were rejected by the Board as undervaluing the Company and its future prospects. The Board is currently considering both approaches with its advisers, including limited interaction with the Potential Offerors, and will make further announcements in due course as appropriate.
The proposal is subject to satisfaction or waiver of a number of pre-conditions, including completion of satisfactory due diligence, finalisation of financing and definitive transaction documentation. There can be no certainty that any firm offer will be made, nor as to the terms on which such offer might be made.
Christopher Fincken, Andrew Owens and Alina Vaskina of HSBC Bank plc and Nick Cowles, James Edis and Dominic King of Zeus Capital Limited acted as financial advisor to Team Internet Group plc. Duyuru • Oct 21
Team Internet Group plc to Report Q3, 2024 Results on Nov 11, 2024 Team Internet Group plc announced that they will report Q3, 2024 results on Nov 11, 2024 Duyuru • Aug 19
Team Internet Group plc Declares Interim Dividend, Payable on October 4, 2024 Team Internet declares an interim dividend of 1.0 pence per share. The dividend will be payable on 4 October 2024 for shareholders on the Company's register of members at close of business on 30 August 2024. Duyuru • Jul 23
Team Internet Group plc to Report First Half, 2024 Results on Aug 12, 2024 Team Internet Group plc announced that they will report first half, 2024 results on Aug 12, 2024 Duyuru • May 15
Team Internet Group plc Provides Earnings Guidance for the Year 2024 Team Internet Group plc provided earnings guidance for the year 2024. For the year, the company expects earnings growth over top-line growth, whilst maintaining a robust 8% organic revenue growth on a pro forma basis for TTM 2024. Duyuru • Apr 30
Team Internet Group plc (AIM:TIG) completed the acquisition of Shinez I.O. Ltd for $55.5 million. Team Internet Group plc (AIM:TIG) agreed to acquire Shinez I.O. Ltd for $54.10 million on March 19, 2024. Team Internet will acquire Shinez for an enterprise value of $41.8 million, on a net debt free basis and subject to customary adjustments for net working capital, payable in cash. Additional contingent consideration of up to $12.3 million will be due subject to Shinez achieving ambitious financial targets over the next two years, payable in cash. Shinez reported $111 million in gross revenue $17.2 million in net revenue, and $10.4 million in adjusted EBITDA for the year ending December 31, 2023. The acquisition will be funded through a combination of cash reserves and the Revolving Credit Facility Agreement. $4.6 million, i.e., 11% of the enterprise value, will be retained in escrow for four years to cover for customary warranties and indemnification. A graduated release schedule is planned for the escrow: up to 50% will be released on the second anniversary of the transaction's completion, followed by releases of up to 25% each on the third and fourth anniversaries. The acquisition is expected to be completed by late April/early May 2024, with all closing conditions anticipated to be satisfied, with the first full consolidation in Q3 2024. Zeus acted as advisor to Team Internet.
Team Internet Group plc (AIM:TIG) completed the acquisition of Shinez I.O. Ltd for $55.5 million on April 29, 2024. Shinez has been acquired for an enterprise value of $43.2 million, inclusive of customary adjustments for cash and working capital with an initial consideration of $38.9 million and $4.3 million retained in escrow to cover for customary warranties and indemnification. Contingent additional consideration of up to $12.3 million may become due subject to Shinez achieving ambitious financial targets over the next two years, payable in cash. Duyuru • Mar 20
Team Internet Group plc (AIM:TIG) agreed to acquire Shinez I.O. Ltd for $54.10 million. Team Internet Group plc (AIM:TIG) agreed to acquire Shinez I.O. Ltd for $54.10 million on March 19, 2024. Team Internet will acquire Shinez for an enterprise value of $41.8 million, on a net debt free basis and subject to customary adjustments for net working capital, payable in cash. Additional contingent consideration of up to $12.3 million will be due subject to Shinez achieving ambitious financial targets over the next two years, payable in cash. Shinez reported $111 million in gross revenue $17.2 million in net revenue, and $10.4 million in adjusted EBITDA for the year ending December 31, 2023. The acquisition will be funded through a combination of cash reserves and the Revolving Credit Facility Agreement. $4.6 million, i.e., 11% of the enterprise value, will be retained in escrow for four years to cover for customary warranties and indemnification. A graduated release schedule is planned for the escrow: up to 50% will be released on the second anniversary of the transaction's completion, followed by releases of up to 25% each on the third and fourth anniversaries. The acquisition is expected to be completed by late April/early May 2024, with all closing conditions anticipated to be satisfied, with the first full consolidation in Q3 2024. Duyuru • Mar 19
Team Internet Group plc Proposes Final Dividend, Payable on 28 May 2024 Team Internet Group plc is proposing a final dividend of 2.0 pence per share to be approved at the AGM as the next step in the group's plan to return cash to shareholders. The dividend will be payable on 28 May 2024 for shareholders on the company's register of members at close of business on 26 April 2024. Duyuru • Jan 29
Team Internet Group plc Provides Earnings Guidance for the Year 2023 Team Internet Group plc provided earnings guidance for the year 2023. The Company now expects to report record gross revenue of c. USD 835 million, net revenue (gross profit) of c. USD 190 million for the financial year 2023. Duyuru • Jan 08
Team Internet Group plc to Report Fiscal Year 2023 Results on Mar 18, 2024 Team Internet Group plc announced that they will report fiscal year 2023 results on Mar 18, 2024 Duyuru • Oct 11
CentralNic Group Plc to Report Nine Months, 2023 Results on Nov 13, 2023 CentralNic Group Plc announced that they will report nine months, 2023 results on Nov 13, 2023