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London renewals

13 Nov 2015 12:46

RNS Number : 6979F
Minds + Machines Group Limited
13 November 2015
 



For immediate release

13 November 2015

 

Minds + Machines Group Limited

("MMX", the "Company" or "Group")

 

.london update

 

Further to the announcement of 27 October 2015, the directors of Minds + Machines (LSE:MMX), the publicly quoted owner and operator of Internet top-level domains, are pleased to announce that Dot London has announced that first year renewals for the 38,389 names applied for during the Dot London Sunrise, Landrush and first day of General Availability periods and registered between 19 August 2015 and 9 September 2015, reached 75.4%. This is at the top end of industry renewal rates.

 

The full text of the Dot London announcement can be viewed through the following link, http://domains.london/news/.

 

Antony Van Couvering, CEO of Minds + Machines, said:

"Geo TLDs represent an important market segment for the Group. Strong renewal rates, underpinned by strong adoption rates, are among the reasons why we believe geo's can play an integral part in building a long-term, powerful platform from which we can continue to grow."

 

Further Information:

 

Minds + Machines Group Limited

Antony Van Couvering Tel: +1 310 452-1491

 

N+1 Singer (Nomad and Broker)

Shaun Dobson / Liz Yong Tel: +44 (0)20 7496 3000

 

GTH Communications Limited

Toby Hall Tel: +44 (0)7713 341072

 

For further information, please go to http://investors.mindsandmachines.com

 

About Minds + Machines

Minds + Machines (LSE:MMX) is a leading owner and operator of new generic Top Level Domains ("gTLDs"), and provides registry services to a range of high-profile clients. The Group also provides domain name services through its wholly owned registrar operations in the US and Europe. For more information on Minds + Machines and its services and companies within the Group, please go to http://investors.mindsandmachines.com.

 

ENDS

This information is provided by RNS
The company news service from the London Stock Exchange
 
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