6 Aug 2020 15:00
6 August 2020
CentralNic Group plc
("CentralNic" or "the Company" or "the Group")
Hexonet and Mediasiren Additional Consideration
Issuance of Additional Consideration Shares
CentralNic Group PLC (AIM: CNIC), the internet platform that derives revenue from the worldwide sales of internet domain names and related services, announces that it has issued 3,208,819 ordinary shares of 1 pence each (the "New Ordinary Shares") as part of the consideration for the acquisition of Hexonet GmbH and Mediasiren Advertising Inc., together the Hexonet group, as announced on 1 July 2018 and 7 August 2019.
An application has been made to the London Stock Exchange for a listing of securities in respect of the New Ordinary Shares to be admitted to trading on AIM ("Admission"). The New Ordinary Shares will rank pari passu with the Company's existing ordinary shares and Admission is expected to occur at 8.00am on 12 August 2020.
Following the allotment of the New Ordinary Shares, it is expected that the total number of shares in issue will be 192,052,303. There are no shares held in treasury. This figure of 192,052,303 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
For further information:
CentralNic Group Plc Ben Crawford, Chief Executive Officer Don Baladasan, Group Managing Director Michael Riedl, Chief Financial Officer
| +44 (0) 203 388 0600 |
Zeus Capital Limited (NOMAD and Joint Broker) Nick Cowles / Jamie Peel (Corporate Finance) John Goold / Rupert Woolfenden (Institutional Sales) |
+44 (0) 161 831 1512 +44 (0) 203 829 5000 |
Stifel (Joint Broker) Fred Walsh / Alex Price | +44 (0)20 7710 7600
|
Newgate Communications (for Media) Bob Huxford Tom Carnegie
| +44 (0) 203 757 6880 centralnic@newgatecomms.com
|
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
CNIC.L (CNIC)