8 Dec 2015 07:15
Press Release | 8 December 2015 |
CentralNic Group Plc
("CentralNic" or the "Company" or the "Group")
Appointment of Non-Executive Director
CentralNic Plc, (AIM: CNIC), the internet platform business which derives revenues from the global sale of domain names, is pleased to announce the appointment of Iain McDonald as Non-Executive Director, with immediate effect.
Iain is a specialist technology and e-commerce investor and is an advisor to the William Currie Group ("WCG"), a private family office founded by financier Bill Currie. During Iain's time with WCG, he has contributed to their strong track record in investing in early stage companies, which include investments in ASOS, The Hut Group, Eagle Eye Solutions, Anatwine and Metapack. Previously, Iain was a top-ranked retail and e-commerce analyst.
Iain will bring this expertise in rapid growth technology companies to CentralNic, as the Company looks to continue on its organic and acquisitive growth strategy.
CentralNic's CEO Ben Crawford commented: "We are delighted to welcome someone of Iain's calibre to the Board of CentralNic. This year has been one of considerable progress for the Group, and Iain's extensive experience in the technology and e-commerce sectors will prove invaluable to our current and future growth strategy."
Regulatory Information for Iain McDonald (Aged 44).
Current Directorships and Partnerships
Belvedere Schools Limited
Infusion 2002 Limited
Houseology Design Group Limited (formerly Occa Design Group)
Maison 7 Limited (trading as Atterley.com)
Anatwine Limited
My Sale Group Plc
The Hut Group Limited
Directorships and Partnerships held in last 5 years
Belerion Capital Limited (formerly Iain McDonald Capital Limited)
Belvedere Energy Investments Limited
Iain McDonald has an interest, held through a contract for difference, in 11,500 ordinary shares in CentralNic.
No further information in connection with his appointment is required to be disclosed under Schedule Two, paragraph (g) (i) - (viii) of the AIM Rules for Companies.
-Ends-
For further information:
CentralNic Group Plc | |
Ben Crawford (CEO) | +44 (0) 203 388 0600 |
Zeus Capital Limited - NOMAD and Joint Broker | |
Nick Cowles / Ross Andrews John Goold / Alex Davies | +44 (0) 161 831 1512 +44 (0) 207 829 5000 |
Peel Hunt LLP - Joint Broker | |
Richard Kauffer / Euan Brown | +44 (0) 207 418 8900 |
Abchurch Communications | |
Jamie Hooper / Canace Wong | +44 (0) 207 398 7714 |
centralnic@abchurch-group.com | www.abchurch-group.com |
About CentralNic
CentralNic (LSE: CNIC) is a London-based AIM-listed company which earns revenues from the worldwide sales of internet domain names over its proprietary technology platform. These domain names are sold on an annual subscription basis and paid for by customers upfront, making CentralNic a cash-generative business with annuity revenue streams. CentralNic comprises three business lines within the domain name industry. It operates a global wholesale network, supplying domain names to over 1,500 vendors in 77 countries. CentralNic is the exclusive wholesaler for all domains ending with .tickets, .site, .design .bar, .love, .feedback, .xyz, and over 30 other new Top-Level Domain extensions (the new. alternatives to .com and .net). One in five of all domains registered under new TLDs globally uses the CentralNic platform, ranking CentralNic as the number two global supplier with over one million of these domains under management. CentralNic is also a leading global domain name retailer, with its retail websites including internetbs.net, buydomains.london and domain.luxury. Additionally, via its enterprise programme, CentralNic supplies domain names (including high-value premium domain names), software and services directly to large corporations and governments.
For more information please visit: www.centralnic.com