24 Mar 2017 07:00
Press Release | 24th March 2017 |
CentralNic Group plc
("CentralNic" or the "Company" or the "Group")
Response to Recent Speculation
The Board of CentralNic Group plc (AIM: CNIC), the internet platform business which derives revenues from the global sale of domain names and associated services, has become aware of speculation in relation to a potential acquisition.
The Company has a stated strategy to execute acquisitions where these meet the Group's strategic criteria. In line with this strategy, CentralNic can confirm that it is in discussions with SK-NIC, a.s., the registry service provider for the .sk country code top level domain for Slovakia, however these discussions have not been concluded and the potential transaction remains in the course of negotiation. The discussions may or may not lead to an acquisition of the SK-NIC, a.s. business or a commercial relationship between the companies. Any transaction with SK-NIC, a.s. would be classified as a Substantial transaction under AIM Rule 12.
The Board will provide shareholders with a further update as required.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
- Ends -
For further information:
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CentralNic Group plc |
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Ben Crawford, Chief Executive Officer Glenn Hayward, Chief Financial Officer
| +44 (0) 203 388 0600 |
Zeus Capital - Nomad and Joint Broker |
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Nick Cowles / Jamie Peel | +44 (0) 161 831 1512 |
John Goold / Alex Davies
| +44 (0) 203 829 5000 |
Peel Hunt LLP - Joint Broker |
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Richard Kauffer / Euan Brown | +44 (0) 207 418 8900 |
Alastair Rae
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Abchurch |
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Julian Bosdet / Tim Thompson / Rebecca Clube
| +44 (0) 207 398 7719 |
centralnic@abchurch-group.com | www.abchurch-group.com |