CentralNic Group PLC Hexonet and Mediasiren Additional Consideration (4100V)

TIDMCNIC

RNS Number : 4100V

CentralNic Group PLC

06 August 2020

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                                    [phone] 
 
 Zeus Capital Limited (NOMAD and 
  Joint Broker) 
  Nick Cowles / Jamie Peel (Corporate 
  Finance) 
  John Goold / Rupert Woolfenden              [phone] 
  (Institutional Sales)                       [phone] 
 Stifel (Joint Broker) 
  Fred Walsh / Alex Price                            [phone] 
 Newgate Communications (for Media)         [phone] 
  Bob Huxford                                [e-mail] 
  Tom Carnegie 
 

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

MSCUPUMCRUPUGWQ

(END) Dow Jones Newswires

August 06, 2020 10:00 ET (14:00 GMT)