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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Minds + Machines Group Limited | MMX | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 8.70 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 8.70 | 8.70 |
| Top Posts |
|---|
Posted at 16/6/2022 10:11 by davemake I have 70,000 MMX shares in my dealing account - can anyone advise what's the best way forward with these shares? |
Posted at 15/3/2022 21:58 by jackson83 BIG MMX DAY SOON |
Posted at 11/8/2021 17:33 by la forge 11 August 2021For release at 07.00, 11 August 2021 Minds + Machines Group Limited ("MMX", the "Company" or "Group") Completion of Sale of Assets to Registry Services, LLC (an affiliate of GoDaddy Inc.) Minds + Machines Group Limited (AIM:MMX), the top-level domain ("TLD") registry company, is pleased to announce that it has completed the sale of its TLDs and related assets and transferred its rights and obligations under contracts relevant for the operation of the assets to Registry Services, LLC ("GoDaddy Registry"), an affiliate of GoDaddy Inc. , pursuant to the asset purchase agreement dated 7 April 2021 for proceeds as set out in the agreement. As previously announced, beginning today and continuing until no later than 31 January 2022 , MMX will provide certain transition services to GoDaddy Registry (the "Transition Services"). The Transition Services are being provided to facilitate transition of the a ssets to GoDaddy Registry. GoDaddy Registry will reimburse MMX for the costs in providing the Transition Services, including the costs of relevant employees. For further details regarding the Transition Services please see the announcement of the Company dated 8 April 2021. |
Posted at 11/8/2021 17:32 by la forge 11 August 2021For release at 07.01, 11 August 2021 Minds + Machines Group Limited ("MMX", the "Company" or "Group") Shareholder Update, Tender Offer and Notice of Results Following completion of the sale of the majority of its TLDs ("Completion"), as announced this morning, Minds + Machines Group Limited (AIM:MMX), the top-level domain ("TLD") registry company, is pleased to provide an update to its shareholders. On Completion, MMX received US$113.8 million, plus adjustments for working capital that transferred with certain subsidiaries. A further US$13.3 million was paid into escrow pursuant to the asset purchase agreement dated 7 April 2021. On Completion, 25 of the Company's 28 TLDs transferred to the purchaser . Final approvals for the transfer of the .miami and .boston TLDs remain pending. These two TLDs will automatically transfer when the approvals are received and a further US$1.4 million will be received by MMX from escrow at that time. The remaining US$11.9 million will remain in escrow until 31 March 2022. The Company's interest in the .Country TLD was separately sold prior to Completion and therefore was not included in the transaction. In the period from 1 January 2021 through 10 August 2021, MMX continued to operate its TLDs and reap the benefits of the cost savings introduced at the end of 2021. The cash generated through this period plus the Group's working capital at the end of 2020 increases the net assets of the Company beyond the cash received on Completion . Continuing Activities Beginning today and continuing until no later than 31 January 2022, MMX will provide certain transition services to facilitate transition of the assets. MMX will be reimburse d for the costs in providing the Transition Services, including the costs of relevant employees. In addition, the Company will be working with its partners to transfer its remaining registry back-end services to other service providers, completing regulatory filings and winding down its various subsidiaries. The costs of these activities and the Company's ongoing PLC costs are not covered under the Transition Services agreement. Updated Net Asset Value ("NAV") and Tender Offer The proceeds received on Completion, plus those amounts held in escrow and the cash generated by MMX through the Completion date, represents an implied NAV of approximately 9.6 pence per Ordinary Share (based on the current Exchange Rate of GBP:US$ of 1:1.38). This estimate includes a provision for estimated transaction costs (including estimated taxes payable by the Company), and the Group's ongoing operating costs not covered by the Transition Services agreement. Following consultation with the Company's major shareholders, the Directors have approved a return of capital by way of a Tender Offer totalling US$ 80.0 million to be completed in early autumn to provide an initial return of the Group's net assets to shareholders. Further details of the Tender Offer will be announced separately and as soon as practicable. Notice of Results The Company also announces that it will be publishing its unaudited Interim Results for the six month period ended 30 June 2021 on 27 September 2021. |
Posted at 08/8/2021 11:56 by grupo 28 July 2021Minds + Machines Group Limited ("MMX", the "Company" or "Group") ICANN Approval of Sale of Assets to Registry Services, LLC and Extension of Longstop Date Minds + Machines Group Limited (AIM:MMX), the top-level domain ("TLD") registry company, is pleased to announce that it has received ICANN approval for the transfer of the majority of the Company's 27 TLDs and related assets to Registry Services, LLC ("GoDaddy Registry"), an affiliate of GoDaddy Inc., pursuant to the asset purchase agreement dated 7 April 2021 (the "Asset Purchase Agreement"). The Company and GoDaddy Registry continue to work with ICANN and MMX government partners to obtain the necessary consents to transfer the remaining TLDs and related assets. All other conditions precedent for the transfer of these TLDs have been completed. MMX expects to complete the material procedural processes within the next two weeks; therefore, MMX and GoDaddy agreed to extend the longstop date from 7 August 2021 to 23 August 2021. Tony Farrow, CEO of MMX, commented: "The Board is delighted to have reached this stage in the sale of MMX's assets to GoDaddy Registry and thanks its commercial and government partners and ICANN for their support in approving this transaction. We look forward to completion of the transfer of our assets to GoDaddy Registry." |
Posted at 20/7/2021 13:52 by la forge 15 July 2021Minds + Machines Group Limited ("MMX", the "Company" or "Group") ICANN approves transfer of substantially all of the Company's TLDs to Registry Services, LLC (an affiliate of GoDaddy Inc.) Further to the announcement dated 8 April 2021, Minds + Machines Group Limited (AIM:MMX), the top-level domain registry company, is pleased to announce that it has received consent from the Internet Corporation for Assigned Names and Numbers ("ICANN") to transfer four top-level domains ("TLDs") and conditional consent to transfer 18 other TLDs owned and operated by MMX to Registry Services, LLC ("GoDaddy Registry"), an affiliate of GoDaddy Inc. The conditions necessary for final approval by ICANN of the transfer of the 18 conditionally approved TLDs have been completed by MMX and GoDaddy Registry. All other conditions precedent for the transfer of these TLDs have been completed. When MMX and GoDaddy Registry receive final approval from ICANN to transfer the 18 conditionally approved TLDs, MMX will complete the transfer of all 22 TLDs to GoDaddy Registry. MMX is awaiting ICANN approval and, where necessary, receipt of formal consents from certain of its partners to complete the transfer of the remaining five TLDs. The Company and GoDaddy Registry expect to complete the transfer of these TLDS once these approvals and consents have been received. MMX will make a further announcement on completion of these transfers and closing of the transaction. |
Posted at 27/4/2021 18:04 by the grumpy old men GoDaddy edges closer to $120m MMX asset acquisitionBy Abigail Opiah a day ago MMX shareholders approval vote favours GoDaddy Major domain registry provider GoDaddy is one step closer to finalizing its acquisition of 28 domain extensions owned by Minds + Machines Group Limited (MMX). MMX shareholders recently voted to approve the sale of its assets to GoDaddy Registry, valued at $120 million, which will include .club and .design domain extensions. The terms of the deal were not disclosed and the GoDaddy subsidiary still awaits a number of other approval ticks to complete the acquisition, including a green light from the Chinese government for the change of control of MMX China. Once the deal is complete, GoDaddy Registry will own, manage or operate over 240 domain extensions, with more than 14 million domain names under its management. 26/01/21 GoDaddy buys more A report by Domain Name Wire highlighted that the acquisition was already a done deal as MMX already had more than enough votes to approve the sale of its assets. Earlier this month, GoDaddy Registry Vice President and General Manager, Nicolai Bezsonoff had said: “All three acquisitions support our growth strategy in unique ways by expanding our portfolio of generic, geo-targeted, and vertically-focused top-level domains.” GoDaddy Registry was also awarded the contracts to help manage the generic domain extensions .basketball and .rugby, as well as Ally Financial’s branded .ally domain, earlier this month. Also, once the acquisition is complete, the firm will be the registry for the domain names .VIP and .XXX. GoDaddy’s latest financial report reflected huge growth including a 12% year-on-year increase in its fourth quarter of 2020 results and its customers hit 20.6 million by the end of last year, representing growth of 7.1% year-on-year. |
Posted at 08/4/2021 09:03 by sarkasm Domain Name Wire | Domain Name NewsDomain Name Industry News Featured Domains register.to Breaking: GoDaddy to acquire MMX, .Club, .Design by Andrew Allemann — April 7, 2021 Uncategorized 9 Comments The words "Acquisition News: GoDaddy acquires MMX, .Club, .Design" on a yellow and blue background GoDaddy (NYSE: GDDY) has acquired 28 new top level domains from MMX, as well as the .Club and .Design top level domains. The company is paying $120 million for the MMX strings. MMX, a publicly-traded new top level domain company had a market cap of £40 million. The MMX transaction will require shareholder approval and approval from some of MMX’s partners on some of the domains. MMX’s two largest namespaces are .VIP at 900,000 registrations and .work 650,000 registrations. Somewhat surprisingly, the transaction includes MMX’s adult domains including .XXX. The acquisition will help MMX get out from the public limelight. The company has struggled to grow registration and revenue numbers over the years as a small public company. Financial details of the .club and .design transactions were not revealed. .Club was a single-domain TLD operator and .Design was owned by Top Level Design. .club has over 1 million registrations and .design has about 130,000. GoDaddy entered the domain name registry business with its acquisition of Neustar’s registry business last year. In addition to acquiring these strings, the company won the backend business for .basketball, rugby, and .ally. After the acquisitions, GoDaddy will own, manage or operate more than 240 top level domain names. |
Posted at 19/2/2021 01:08 by stu31 Maverix Announces Dividend for First Quarter 202118/02/2021 10:32pm All amounts are in U.S. dollars unless otherwise indicated. VANCOUVER, BC, Feb. 18, 2021 /PRNewswire/ - Maverix Metals Inc. ("Maverix" or the "Company") (NYSE American: MMX) (TSX: MMX) is pleased to announce a quarterly cash dividend of $0.01 per common share will be paid on or about March 15, 2021, to shareholders of record as of the close of business on February 26, 2021. This dividend is designated as an "eligible dividend" for the purposes of the Income Tax Act (Canada). Dividends paid by Maverix to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes. The declaration, timing, amount and payment of future dividends remains at the discretion of Maverix's Board of Directors. |
Posted at 25/1/2021 21:00 by grupo guitarlumber 25/01/2021 7:01amUK Regulatory (RNS & others) Minds + Machines (LSE:MMX) Monday 25 January 2021 TIDMMMX RNS Number : 6823M Minds + Machines Group Limited 25 January 2021 Minds + Machines Group Limited ("MMX" or the "Company") Trading Update and Appointment of new CEO Minds + Machines Group Limited (AIM: MMX), one of the world's leading owners and operators of Internet Top-Level Domains ("TLDs"), is pleased to provide the following trading update for the year ended 31 December 2020 ("FY 2020"). At the time of this update, all numbers are unaudited. CEO Appointment The Board of Directors is pleased to announce that Tony Farrow, who re-joined MMX at the end of October as Interim CEO has been appointed CEO of the Company. Mr. Farrow will also join the Board of Directors following completion of regulatory due diligence. Commenting on FY 2020 trading, Tony Farrow said: "It is great to be back working with the MMX team. Our FY 2021 plan will focus on AdultBlock sales, extensive release of inventory to the market, quality registrations with the view of future renewal revenue and standardized promotions for our channel partners. It is a straightforward business where focus must remain on the quality of our domain registrations and promotions with our channel partners. We lost some of the momentum after the initial launch of AdultBlock in FY 2019. However, FY 2021 was always the target year for the full rollout of this new product, and I am encouraged by the dialogue with our channel partners to really move AdultBlock in FY 2021. I look forward to sharing more insight and information when we release our FY 2020 results in the Spring." Trading Update MMX revenues in FY 2020 were largely in line with those for FY 2019. Renewal revenue remained consistent in FY 2020 at 68%. FY 2020 new standard registration revenue increased to 24% with reduced dependency on premium domains. Billings declined 3% year on year, reflecting increases in most TLDs but a significant drop in AdultBlock billings in FY 2020 following its initial launch in FY 2019. In FY 2020 98% of billings were delivered through the registrar channel, eliminating the Company's historical reliance on one-off brokered sales. Domains Under Management ("DUMs") declined 19% in FY 2020 compared to FY 2019, with no loss in contribution, reflecting an intentional shift by the Company to more profitable transactions. Continuing our sales efforts toward our higher margin TLDs will be a principle focus in FY 2021. In addition to the departure of the Company's former CEO and CFO, in FY 2020 MMX also reduced its workforce by 20%. Severance costs associated with this right sizing means that the reductions did not result in cost savings in FY 2020, but the reduced staffing will reduce costs in FY 2021. No separation costs were paid to the former CEO and CFO. The new executive team is also reviewing the contribution received from each of its TLDs and the growth prospects for each from new sales initiatives to ensure the carrying values associated with each TLD is appropriate going forward. Cashflow from operations was $6.4m in 2020 (2019: $0.5M, including onerous contract payments of $6.6M). Cash at year end stood at $8.9m (2019: $6.6m) after share and option buy-backs in the year of $3.1M. Through the share buy-back programme and the cancellation or buy-out of employee share options and restricted share awards, in FY 2020 the Company reduced the number of common shares outstanding by 3% and its fully diluted shares outstanding by more than 8.5%. The Company remains debt free. Notice of Final Results A separate announcement confirming the publication date of the FY 2020 results will be made in due course. |
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