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, guided by non-executive director Max Royde, has purchased 26,000 ordinary shares, thereby indirectly controlling 25.82% of the company’s total voting rights. These transactions, conducted across several dates in early September 2024, have significantly increased Kestrel and Royde’s stake in the company. The strategic acquisitions have made Kestrel a key shareholder, with a combined indirect holding of over 66 million shares through various nominees.

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