31 Mar 2016 12:30
| 31 March 2016 |
CentralNic Group Plc
("CentralNic" or the "Company")
Director Disclosure
CentralNic, (AIM: CNIC), the internet platform business which derives revenues from the global sale of domain names, makes the following announcement further to the requirement in AIM Rule 17.
Samuel Dayani, Non-Executive Director of CentralNic, has notified the Company that Opes Industries Limited and Opes MRF 2013 Limited, companies of which he is a director, were placed into administration on 9 March 2016. Both companies were placed into administration due to a major fire at the companies' premises on 28 February 2016, which caused significant damage to critical equipment, resulting in the cessation of operations. Thomas Pridmore, a Non-Executive Director of the Company, has also notified the Company that he was a non-executive director of both companies until his resignation on 8 December 2015, before the companies were placed into administration.
No other information is required to be disclosed pursuant to Schedule 2 paragraph (g) 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 / Jamie Peel John Goold / Alex Davies | +44 (0) 161 831 1512 +44 (0) 203 829 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 over 30 new Top-Level Domain extensions (the new alternatives to .com and .net), Including .xyz, .online, .website, .space, and .site, which are ranked among the top twenty most subscribed new Top-Level Domain extensions. Almost one in four of all domains registered under new TLDs globally uses the CentralNic platform, ranking CentralNic as the leading global supplier with over three and a half million of these domains under management.
CentralNic is also a leading global domain name retailer, with retail websites including internetbs.net, buydomains.london and domain.luxury, as well as most recently instra.com and others following its acquisition of global domain name retailer Instra Group. 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