CNIC.L Share News (CNIC)

IN BRIEF: CentralNic completes acquisition of VGL Verlagsgesellschaft

CentralNic Group PLC - London-based online marketing services - Says now completed the acquisition of Berlin, Germany-based VGL Verlagsgesellschaft mbH. VGL has been acquired for an enterprise value of EUR60 million, with an initial consideration of EUR67 million, about USD75 million. Acquisition has been financed by an oversubscribed placing to institutional investors, raising gross proceeds of GBP42 million, at a fixed price of 120 pence per share.

CentralNic uses placing, bond proceeds to buy Germany's VGL

(Sharecast News) - Internet platform company CentralNic announced on Tuesday that it has completed the acquisition of the Berlin-based VGL Verlagsgesellschaft and its subsidiaries from its former shareholders.

IN BRIEF: CentralNic raises GBP42 million for German acquisition

CentralNic Group PLC - London-based online marketing services - Raises GBP42 million in share placing to pay for the acquisition of an e-commerce services firm in Germany. Placing is run as an accelerated bookbuild by Zeus Capital and Berenberg and is at 120 pence per share. CentralNic now plans an open offer of shares to existing shareholders to raise another GBP3 million at the same price. The 37.5 million total new shares will represent 13% of the enlarged share capital. Kestrel Partners LLP takes 6.5 million of the placing shares.

CentralNic records strong results but flags 'geopolitical' risks

(Sharecast News) - Online marketing marketplace platform CentralNic Group reported a 71% improvement in revenue in its preliminary results on Monday, to $410.5m (£306.3m), with organic revenue growing 39%, compared to 9% in 2020.

LONDON BRIEFING: BP keeps guidance intake despite Rosneft exit hit

(Alliance News) - Oil major BP said its decision to exit its stake in Russia's Rosneft will not harm its ability to increase payouts.

UK earnings, trading statements calendar - next 7 days

TRADING UPDATES: CentralNic expects revenue growth ahead of views

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

TRADING UPDATES: CentralNic and Pebble tip 2021 earnings rise

TRADING UPDATES: CentralNic and Pebble tip 2021 earnings rise

TRADING UPDATES: Palace Capital continues disposals; Smiths ups payout

TRADING UPDATES: Palace Capital continues disposals; Smiths ups payout

TRADING UPDATES: Big Yellow boosts payout; Grafenia loss narrows

TRADING UPDATES: Big Yellow boosts payout; Grafenia loss narrows

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

TRADING UPDATES: Weaker annual revenue for Tristel and Leeds

TRADING UPDATES: Weaker annual revenue for Tristel and Leeds

AIM WINNERS & LOSERS: Tlou strikes Lesedi deal; Gusbourne fundraises

AIM WINNERS & LOSERS: Tlou strikes Lesedi deal; Gusbourne fundraises

LONDON MARKET OPEN: Playtech jumps 57% as GBP2 billion takeover backed

LONDON MARKET OPEN: Playtech jumps 57% as GBP2 billion takeover backed

IN BRIEF: CentralNic buys publishing network for USD6.5 million

IN BRIEF: CentralNic buys publishing network for USD6.5 million