29 Jul 2020 07:00
29 July 2020
CentralNic Group plc
("CentralNic" or the "Company")
Directors' Dealings
CentralNic (AIM: CNIC), the company that supplies domain name and web services subscriptions over its proprietary platforms to millions of businesses globally, announces that it has been notified today that Erin Invest and Finance Limited, a company in which CentralNic non-executive director Samuel Dayani has a beneficial interest, has on 28 July 2020 sold 800,000 Ordinary shares at a price of 74.8p per share. Following these sales, Erin Invest and Finance has an interest of 20,656,682 shares representing 10.94 per cent of the issued share capital. Erin Invest and Finance has stated the recent share sales are to fund liquidity needs. Erin Invest and Finance considers itself a long-term holder in CentralNic and has notified the Company that it has now accomplished its liquidity objective and has no intent to sell any further shares in the medium to long term.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name | Samuel Dayani (through his interest in Erin Invest and Finance Limited | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Non-executive Director | ||||||
b) | Initial notification /Amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | CentralNic Group Plc | ||||||
b) | LEI | 213800M4IINBWMXEKV82 | ||||||
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| Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||||
a)
| Description of the financial instrument, type of instrument Identification code | Ordinary shares of 1p
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b) | Nature of the transaction | Sale of Ordinary Shares | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | N/A | ||||||
e) | Date of the transaction | 28 July 2020 | ||||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||||
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For Further Information:
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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