Michael Riedl, CEO of Team Internet, commented: "I am pleased to announce Team Internet's first interim dividend, marking a significant step in our commitment to returning value to our shareholders. This interim dividend, in addition to our recent annual final dividend payment, underscores our balanced capital allocation strategy. We recognise the importance of managing our debt prudently while also ensuring that we reward our long-term shareholders. We are confident that this strategy will contribute to sustained growth and financial health, and we look forward to keeping you updated on our progress throughout our journey."

PDMR Option Exercise

The Company also announces that on 16 August 2024, the following PDMR exercised share options previously granted by the Company ("Options") over ordinary shares of 0.1p each ("Ordinary Shares"):

The Options exercise was satisfied by 374,011 shares from the Team Internet Employee Benefit Trust. Michael Riedl intends to retain all the shares acquired through the Options exercise and has no plans to sell any shares. Michael Riedl will personally settle the tax liabilities related to this exercise. Following the exercise, Michael Riedl holds 3,100,787 Ordinary Shares, representing 1.2% of the Company's total voting rights.

The table below summarises the total number of Ordinary Shares held under options by the Directors as at the date of this announcement:

A total number of 8,410,982 Ordinary Shares are held under options granted to all employees and Directors of the Team Internet group.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

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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.