TIDMCNIC

RNS Number : 4091H

CentralNic Group PLC

07 June 2017

 
 Press Release   7 June 2017

CentralNic Group plc

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

Result of Annual General Meeting

The Board of CentralNic Group plc (AIM:CNIC), the internet platform that derives revenue from the worldwide sales of internet domain names, is pleased to announce that at its Annual General Meeting held earlier today, 7 June 2017, all resolutions were duly passed.

-Ends-

For further information:

 
    CentralNic Group plc 
    Ben Crawford, Chief Executive 
     Officer                                 +44 (0) 203 388 0600 
    Glenn Hayward, Chief Financial 
     Officer 
 
    Zeus Capital - Nomad and 
     Joint Broker 
    Nick Cowles / Jamie Peel                 +44 (0) 161 831 1512 
    John Goold / Alex Davies                 +44 (0) 203 829 5000 
 
      Peel Hunt LLP - Joint Broker 
    Richard Kauffer / Euan Brown 
     (Corporate)                             +44 (0) 207 418 8900 
    Alastair Rae (Syndications) 
 
    Abchurch Communications 
    Julian Bosdet / Vera Prokhorenko 
     / Alejandra Campuzano                   +44 (0) 207 398 7719 
    centralnic@abchurch-group.com          www.abchurch-group.com

About CentralNic Group plc

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 of 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

END

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(END) Dow Jones Newswires

June 07, 2017 05:43 ET (09:43 GMT)

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