CentralNic Group PLC Successful tap issue (3870O)
09 February 2021 - 6:00PM
UK Regulatory
TIDMCNIC
RNS Number : 3870O
CentralNic Group PLC
09 February 2021
9 February 2021
CentralNic Group plc
("CentralNic" or "the Company" or "the Group")
Successful tap issue under existing senior secured callable
bonds
Reference is made to the announcement by CentralNic Group plc
(AIM: CNIC) today. The company has successfully completed a EUR 15
million (approximately USD 18 million) tap issue under the
company's existing senior secured callable bonds listed on Oslo
Børs (ticker code CNIC01 and ISIN NO0010856750). The tap issue was
priced at 104.5% of par value and the total outstanding amount
after the tap issue is EUR 105 million (approximately USD 126
million). The transaction was oversubscribed. Completion of the Tap
Issue is subject to (i) the necessary corporate resolutions of the
company to issue additional bonds, and (ii) the amendment and
restatement of the bond terms dated 1 July 2019, as supplemented by
a tap issue addendum dated 20 December 2019, and (iii) other
relevant conditions precedent for completing the tap issue. The
additional bonds will be issued under the bonds ordinary ISIN
(NO0010856750) and listed on Oslo Børs under the ordinary ticker
code (CNIC01).
Pareto Securities acted as manager for the tap issue.
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 / Richard
Short +44 (0)20 7710 7600
------------------------------------------
+47 411 04 466 Lisa.Karlsen@paretosec.com
Pareto Securities AS (Bond Arranger)
Lisa Karlsen
------------------------------------------
Newgate Communications (for +44 (0) 203 757 6880
Media) centralnic@newgatecomms.com
Bob Huxford / Tom Carnegie /
Isabelle Smurfit
------------------------------------------
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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