CentralNic Group PLC CentralNic appoints Sarah Ryan (5155E)

TIDMCNIC

RNS Number : 5155E

CentralNic Group PLC

09 May 2017

 
 Press Release   9 May 2017 
 

CentralNic Group plc

("CentralNic" or the "Company" or the "Group")

CentralNic appoints Sarah Ryan as Group Corporate Development Director

CentralNic plc, (AIM:CNIC), the internet platform business which derives revenues from the global sale of domain names, is delighted to announce the appointment of Sarah Ryan as Group Corporate Development Director.

Sarah was formerly Director of International M&A for LexisNexis and Thomson Financial. In these roles, she led transaction due diligence and structured complex deal terms globally, including deals in the Middle East, Russia, China, India, South Africa and Europe. Sarah began her career at Merrill Lynch in Mergers & Acquisitions, where she advised companies in a myriad of sectors on strategic alternatives, and in Equity Capital Markets, where she marketed, priced and allocated IPOs, secondaries and convertible bond offerings. She has also consulted to a number organizations for due diligence, M&A and strategy projects. Sarah has an MBA in Finance, with honors, from the Wharton School of the University of Pennsylvania and a BA in Economics from Duke University.

CentralNic CEO Ben Crawford said: "With Mergers and Acquisitions playing a key role in our strategic plans moving forward, we are delighted to have an executive of Sarah's calibre joining us in this key position."

-Ends-

For further information:

 
 CentralNic Group plc 
 Ben Crawford (CEO)                 [phone] 
 
 Zeus Capital - NOMAD and 
  Joint Broker 
 Nick Cowles / Jamie Peel           [phone] 
  John Goold / Alex Davies          [phone] 
 
 Peel Hunt LLP - Joint Broker 
 Richard Kauffer / Euan Brown       [phone] 
 Alastair Rae 
 
 Abchurch Communications 
 Julian Bosdet / Tim Thompson 
  / Vera Prokhorenko                [phone] 
 [e-mail]    www.abchurch-group.com 
 

About CentralNic

CentralNic (AIM: CNIC) is a London-based AIM-listed company which operates globally with customers in over 200 countries. It earns revenues from the worldwide sales of internet domain names using its proprietary technology platform. CentralNic sells these domain names on an annual subscription basis. Customers pay for domain names upfront, making CentralNic a cash-generative business with annuity revenue streams.

CentralNic comprises three business lines within the domain name industry including wholesale, retail and enterprise divisions. It operates a global network, supplying domain names to over 1,500 vendors in 77 countries to reach over 100,000 resellers. CentralNic is the exclusive wholesaler for over 30 new Top-Level Domain (nTLDs) extensions such as .xyz, .site, .online, .website, .space, and .tech (the new alternatives to .com and .net). They rank amongst the top 25 most subscribed nTLDs. About one in three of all domains registered under nTLDs globally use the CentralNic platform. This positions CentralNic as the leading global supplier with more than eight 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. After acquiring Instra Group, CentralNic Group now includes instra.com and a number of other leading retail websites. Through its enterprise programme, CentralNic supplies domain names (itself owning approximately 37,500 premium domain names that it trades), software and services directly to large companies and governments including Saudi Telecom Company, Etisalat and Kuwait Finance House.

For more information please visit: www.centralnic.com

This information is provided by RNS

The company news service from the London Stock Exchange

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May 09, 2017 02:00 ET (06:00 GMT)