CentralNic Group PLC Hexonet and Mediasiren Additional Consideration (4100V)
August 06 2020 - 9:00AM
UK Regulatory
TIDMCNIC
RNS Number : 4100V
CentralNic Group PLC
06 August 2020
6 August 2020
CentralNic Group plc
("CentralNic" or "the Company" or "the Group")
Hexonet and Mediasiren Additional Consideration
Issuance of Additional Consideration Shares
CentralNic Group PLC (AIM: CNIC), the internet platform that
derives revenue from the worldwide sales of internet domain names
and related services, announces that it has issued 3,208,819
ordinary shares of 1 pence each (the "New Ordinary Shares") as part
of the consideration for the acquisition of Hexonet GmbH and
Mediasiren Advertising Inc., together the Hexonet group, as
announced on 1 July 2018 and 7 August 2019.
An application has been made to the London Stock Exchange for a
listing of securities in respect of the New Ordinary Shares to be
admitted to trading on AIM ("Admission"). The New Ordinary Shares
will rank pari passu with the Company's existing ordinary shares
and Admission is expected to occur at 8.00am on 12 August 2020.
Following the allotment of the New Ordinary Shares, it is
expected that the total number of shares in issue will be
192,052,303. There are no shares held in treasury. This figure of
192,052,303 Ordinary Shares may be used by shareholders in the
Company as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under
the FCA's Disclosure and Transparency Rules.
For further information:
CentralNic Group Plc
Ben Crawford, Chief Executive Officer
Don Baladasan, Group Managing Director
Michael Riedl, Chief Financial
Officer +44 (0) 203 388 0600
Zeus Capital Limited (NOMAD and
Joint Broker)
Nick Cowles / Jamie Peel (Corporate
Finance)
John Goold / Rupert Woolfenden +44 (0) 161 831 1512
(Institutional Sales) +44 (0) 203 829 5000
Stifel (Joint Broker)
Fred Walsh / Alex Price +44 (0)20 7710 7600
Newgate Communications (for Media) +44 (0) 203 757 6880
Bob Huxford centralnic@newgatecomms.com
Tom Carnegie
About CentralNic Group plc
CentralNic (AIM: CNIC) is a London-based AIM-listed company
which drives the growth of the global digital economy by developing
and managing software platforms allowing businesses globally to buy
subscriptions to domain names, used for their own websites and
email, as well as for protecting their brands online. Its core
growth strategy is identifying and acquiring cash-generative
businesses in its industry with annuity revenue streams and
exposure to growth markets and migrating them onto the CentralNic
software and operating platforms.
CentralNic operates globally with customers in almost every
country in the world. It earns recurring revenues from the
worldwide sales of internet domain names and other services on an
annual subscription basis.
For more information please visit: www.centralnicgroup.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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