Team Internet Group Stake Increased by Kestrel

Team Internet Group (GB:TIG) has released an update.

Team Internet Group has reported that Kestrel Partners LLP, through discretionary client accounts, has acquired a total of 20,004 additional ordinary shares, thereby increasing its overall control to 25.96% of the company’s voting rights. Notably, Mr. Royde, a partner at Kestrel, has a beneficial interest in this significant stake. The transactions occurred on October 7 and October 11, 2024, with shares purchased at an average price of £1.3271 each.

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