CentralNic Group PLC Notice of General Meeting (2021L)

TIDMTIG

RNS Number : 2021L

CentralNic Group PLC

04 September 2023

 
 4 September 2023 
                                                 CentralNic Group plc 
 
                                            ("CentralNic" or the "Company") 
 
                                               Notice of General Meeting 
 
      CentralNic Group plc (trading as Team Internet (AIM: CNIC)), 
       the global internet company generating recurring revenue 
       from privacy-safe, AI based customer journeys that help 
       online consumers make informed choices, announces that 
       on 28 September 2023 it will hold a General Meeting ("GM") 
       at 10.30 BST at the Company's registered address, 4(th) 
       Floor, Saddlers House, 44 Gutter Lane, London, EC2V 6BR, 
       for the purpose of considering and, if thought fit, passing 
       the following resolutions: 
 
       Special Resolutions : 
       1. THAT, the Company's name be changed from 'CentralNic 
       Group Plc' to 'Team Internet Group Plc' with immediate 
       effect. 
       2. THAT, the Company's share premium account of USD 98,529,000 
       be cancelled and is hereby cancelled. 
 
       The proposed change in name reflects our continued commitment 
       to growth, innovation, and our dedication to providing 
       exceptional products to our customers and partners. 
 
       The cancellation of the share premium account will enable 
       the Company to increase its distributable reserves to facilitate 
       making future distributions to its shareholders, including 
       the payment of dividends. 
 
       The Notice of General Meeting will shortly be available 
       on the Company's new website at: https://teaminternet.com/constitutional-documents-and-circulars/ 
 
       The Company is offering facilities for shareholders to 
       attend by conference call to ask questions in real time 
       should they wish to do so. 
 
       Shareholders will be able to follow the proceeding of the 
       GM over the online Investor Meet Company platform by registering 
       in advance via the following link: 
       https://www.investormeetcompany.com/centralnic-group-plc/register-investor 
 
       Shareholders who already follow CENTRALNIC GROUP PLC on 
       the Investor Meet Company platform will automatically be 
       invited. 
 
       Shareholders are invited to submit any questions in respect 
       of the meeting for the Board to consider. Questions may 
       be submitted in advance up until 09:00 BST the day before 
       the meeting or during the meeting over the Investor Meet 
       Company platform following registration, and the Board 
       will aim to respond to any such questions relevant to the 
       business of the meeting. 
 
       Shareholders taking part via the Investor Meet Company 
       platform will not be able to speak or vote on the GM resolutions. 
       Shareholders are therefore strongly encouraged to exercise 
       their voting rights by completing and submitting a Form 
       of Proxy. It is highly recommended that Shareholders submit 
       their Form of Proxy as early as possible to ensure that 
       their votes are counted at the GM. 
 
 
 For further information: 
 CentralNic Group plc (trading 
  as Team Internet)                                                                               [phone] 
 Michael Riedl, Chief Executive Officer 
 William Green, Chief Financial Officer 
 
 Zeus (NOMAD and Joint Broker) 
 Nick Cowles / Jamie Peel / James 
  Edis (Investment Banking)                                                                       [phone] 
 Dominic King (Corporate Broking)                                                                 [phone] 
 
 Berenberg (Joint Broker)                                                                         [phone] 
 Mark Whitmore / Richard Andrews / 
  Alix Mecklenburg-Solodkoff 
 
 SEC Newgate (for Media)                                                                          [phone] 
 Bob Huxford / Alice Cho / Harry Handyside                                               [e-mail] 
  / Tom Carnegie 
 
 
 About CentralNic Group Plc 
 
 CentralNic (trading as Team Internet (AIM: CNIC)) creates 
  meaningful and successful connections from businesses to 
  domains, brands to consumers, publishers to advertisers, 
  enabling everyone to realise their digital ambitions. The 
  Company is a leading global internet solutions company 
  that operates in two highly attractive markets: high-growth 
  digital advertising (Online Marketing segment) and domain 
  name management solutions (Online Presence segment). The 
  Company's Online Marketing segment creates privacy-safe 
  and AI-generated online consumer journeys that convert 
  general interest online media users into confident high 
  conviction consumers through advertorial and review websites. 
  The Online Presence segment is a critical constituent of 
  the global online presence and productivity tool ecosystem, 
  where the Company serves as the primary distribution channel 
  for a wide range of digital products. The Company's high-quality 
  earnings come from subscription recurring revenues in the 
  Online Presence segment and revenue share on rolling utility-style 
  contracts in the Online Marketing segment . 
 
 

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September 04, 2023 02:01 ET (06:01 GMT)