CentralNic Group PLC Notice of General Meeting (2021L)
September 04 2023 - 1:01AM
UK Regulatory
TIDMTIG
RNS Number : 2021L
CentralNic Group PLC
04 September 2023
4 September 2023
CentralNic Group plc
("CentralNic" or the "Company")
Notice of General Meeting
CentralNic Group plc (trading as Team Internet (AIM: CNIC)),
the global internet company generating recurring revenue
from privacy-safe, AI based customer journeys that help
online consumers make informed choices, announces that
on 28 September 2023 it will hold a General Meeting ("GM")
at 10.30 BST at the Company's registered address, 4(th)
Floor, Saddlers House, 44 Gutter Lane, London, EC2V 6BR,
for the purpose of considering and, if thought fit, passing
the following resolutions:
Special Resolutions :
1. THAT, the Company's name be changed from 'CentralNic
Group Plc' to 'Team Internet Group Plc' with immediate
effect.
2. THAT, the Company's share premium account of USD 98,529,000
be cancelled and is hereby cancelled.
The proposed change in name reflects our continued commitment
to growth, innovation, and our dedication to providing
exceptional products to our customers and partners.
The cancellation of the share premium account will enable
the Company to increase its distributable reserves to facilitate
making future distributions to its shareholders, including
the payment of dividends.
The Notice of General Meeting will shortly be available
on the Company's new website at: https://teaminternet.com/constitutional-documents-and-circulars/
The Company is offering facilities for shareholders to
attend by conference call to ask questions in real time
should they wish to do so.
Shareholders will be able to follow the proceeding of the
GM over the online Investor Meet Company platform by registering
in advance via the following link:
https://www.investormeetcompany.com/centralnic-group-plc/register-investor
Shareholders who already follow CENTRALNIC GROUP PLC on
the Investor Meet Company platform will automatically be
invited.
Shareholders are invited to submit any questions in respect
of the meeting for the Board to consider. Questions may
be submitted in advance up until 09:00 BST the day before
the meeting or during the meeting over the Investor Meet
Company platform following registration, and the Board
will aim to respond to any such questions relevant to the
business of the meeting.
Shareholders taking part via the Investor Meet Company
platform will not be able to speak or vote on the GM resolutions.
Shareholders are therefore strongly encouraged to exercise
their voting rights by completing and submitting a Form
of Proxy. It is highly recommended that Shareholders submit
their Form of Proxy as early as possible to ensure that
their votes are counted at the GM.
For further information:
CentralNic Group plc (trading
as Team Internet) +44 (0) 203 388 0600
Michael Riedl, Chief Executive Officer
William Green, Chief Financial Officer
Zeus (NOMAD and Joint Broker)
Nick Cowles / Jamie Peel / James
Edis (Investment Banking) +44 (0) 161 831 1512
Dominic King (Corporate Broking) +44 (0) 203 829 5000
Berenberg (Joint Broker) +44 (0) 203 207 7800
Mark Whitmore / Richard Andrews /
Alix Mecklenburg-Solodkoff
SEC Newgate (for Media) +44 (0) 203 757 6880
Bob Huxford / Alice Cho / Harry Handyside teaminternet@secnewgate.co.uk
/ Tom Carnegie
About CentralNic Group Plc
CentralNic (trading as Team Internet (AIM: CNIC)) 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 the Company 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 .
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END
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