CentralNic Group PLC Directors' Dealings (4069U)
29 July 2020 - 4:00PM
UK Regulatory
TIDMCNIC
RNS Number : 4069U
CentralNic Group PLC
29 July 2020
29 July 2020
CentralNic Group plc
("CentralNic" or the "Company")
Directors' Dealings
CentralNic (AIM: CNIC), the company that supplies domain name
and web services subscriptions over its proprietary platforms to
millions of businesses globally, announces that it has been
notified today that Erin Invest and Finance Limited, a company in
which CentralNic non-executive director Samuel Dayani has a
beneficial interest, has on 28 July 2020 sold 800,000 Ordinary
shares at a price of 74.8p per share.
Following these sales, Erin Invest and Finance has an interest
of 20,656,682 shares representing 10.94 per cent of the issued
share capital. Erin Invest and Finance has stated the recent share
sales are to fund liquidity needs. Erin Invest and Finance
considers itself a long-term holder in CentralNic and has notified
the Company that it has now accomplished its liquidity objective
and has no intent to sell any further shares in the medium to long
term.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1 Details of the person discharging managerial
responsibilities / person closely associated
a) Name Samuel Dayani (through his
interest in Erin Invest and
Finance Limited
--------------------- -----------------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Non-executive Director
--------------------- -----------------------------------------
b) Initial notification Initial notification
/Amendment
--------------------- -----------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform,
auctioneer or auction monitor
----------------------------------------------------------------
a) Name CentralNic Group Plc
--------------------- -----------------------------------------
b) LEI 213800M4IINBWMXEKV82
--------------------- -----------------------------------------
4 Details of the transaction(s): section
to be repeated for (i) each type of instrument;
(ii) each type of transaction; (iii) each
date; and (iv) each place where transactions
have been conducted
----------------------------------------------------------------
a) Description Ordinary shares of 1p
of the financial
instrument,
type of instrument
Identification
code
--------------------- -----------------------------------------
b) Nature of the Sale of Ordinary Shares
transaction
--------------------- -----------------------------------------
c) Price(s) and Date Price(s) Volume(s)
volume(s) 28/07/2020 74.8 pence 800,000
------------ ----------
--------------------- -----------------------------------------
d) Aggregated
information N/A
- Aggregated
volume
- Price
--------------------- -----------------------------------------
e) Date of the 28 July 2020
transaction
--------------------- -----------------------------------------
f) Place of the London Stock Exchange, AIM
transaction
--------------------- -----------------------------------------
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 / 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
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 rns@lseg.com or visit www.rns.com.
END
DSHEADXPADKEEAA
(END) Dow Jones Newswires
July 29, 2020 02:00 ET (06:00 GMT)
Team Internet (LSE:TIG)
Historical Stock Chart
From Apr 2024 to May 2024
Team Internet (LSE:TIG)
Historical Stock Chart
From May 2023 to May 2024