Aim Bulletin
Team Internet discussions over DIS business ongoing
By Josh White
Date: Friday 24 Apr 2026
(Sharecast News) - Team Internet Group said on Friday that discussions around its strategic review of the DIS business were generating continued strong engagement from interested parties, with the board reiterating expectations that any transaction would materially exceed the company's market capitalisation of £120m at the time of the initial review announcement.
The AIM-traded digital marketing and internet services company said current trading in 2026 remained in line with expectations, with the Search segment transition substantially complete and the group well positioned to execute its strategy and maximise shareholder value.
Alongside the operational progress and strategic review process, the company said it was also proactively optimising its capital structure and had mandated Pareto Securities to arrange fixed income investor meetings, broadening the company's access to capital and refinancing options.
Michael Riedl, chief executive, said the company believed significant value remained to be unlocked through the strategic process.
"One year after initiating a comprehensive review of Team Internet's asset ownership, we are now taking the logical next step: a strategic review aimed at unlocking the full value of our portfolio," he said.
"Each of our businesses operates in structurally attractive markets, and we believe the sum of their parts is worth considerably more than the group's current market valuation."
The board said it remained confident the company was well positioned to continue executing its strategy for each of its divisions independently while pursuing a potential transaction involving the DIS business, supporting the group's objective to maximise value for shareholders.
Full year results for 2025 were expected to be published in late May, which would provide a fuller picture of the company's trading trajectory and capital position heading into the strategic process conclusion.
At 1401 BST, shares in Team Internet were up 3.91% at 33.25p.
Reporting by Josh White for Sharecast.com.
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