CentralNic Group PLC Response to Speculation (4909T)
15 November 2019 - 4:08AM
UK Regulatory
TIDMCNIC
RNS Number : 4909T
CentralNic Group PLC
14 November 2019
14 November 2019
CentralNic Group plc
("CentralNic" or the "Company" or the "Group")
Response to speculation
CentralNic (AIM: CNIC), the global internet platform that
derives revenue from the subscription sales of domain names and web
services, has been made aware of speculation in relation to the
potential acquisition of Team Internet AG, a Munich based business
which is a subsidiary of Matomy Media Group Ltd (LON: MTMY).
CentralNic management can confirm that it is currently engaged in
advanced discussions, which may or may not lead to a transaction
being completed. Further announcements will be made in due course
if appropriate.
For further information:
CentralNic Group Plc
Ben Crawford, Chief Executive
Officer
Don Baladasan, Group Managing
Director
Michael Riedl, Chief Financial
Officer +44 (0) 203 388 0600
Zeus Capital Limited (NOMAD
and Joint Broker)
Nick Cowles / Jamie Peel (Corporate
Finance)
John Goold / Rupert Woolfenden +44 (0) 161 831 1512
(Institutional Sales) +44 (0) 203 829 5000
-----------------------------
Stifel (Joint Broker)
Fred Walsh / Neil Shah / Alex
Price +44 (0)20 7710 7600
-----------------------------
Newgate Communications (for +44 (0) 203 757 6880
Media) centralnic@newgatecomms.com
Bob Huxford, Tom Carnegie, Robin
Tozer
-----------------------------
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
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END
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