CentralNic Group PLC Transaction in Own Shares (7755I)
09 August 2023 - 4:00PM
UK Regulatory
TIDMCNIC
RNS Number : 7755I
CentralNic Group PLC
09 August 2023
9 August 2023
CentralNic Group plc
("CentralNic" or the "Company")
Transaction in Own Shares
CentralNic Group plc (AIM: CNIC), the global internet company
that derives recurring revenue from privacy-safe, AI based
customer journeys that help online consumers make informed
choices, announces that on 8 August 2023 it purchased 174,385
ordinary shares of GBP0.001 each in the Company (the "Repurchased
Shares"), pursuant to the share buyback programme (the "Buyback
Programme") that was announced on 15 May 2023, as follows
(together the "Transaction"):
8 August
Date of purchase 2023
Number of ordinary shares
purchased 174,385
Highest price paid per
ordinary share 130.35 pence
Lowest price paid per ordinary
share 129.8 pence
Volume weighted average
price paid per ordinary 130.0896
share pence
Total Voting Rights
Following the Transaction, the issued share capital of the
Company remains unchanged at 288,660,084 and the Company now
holds 10,506,495 shares in treasury. The total voting rights
in the Company is now 278,153,589 which may be used by shareholders
as the denominator for the calculations by which they will
determine if they are required to notify their interest in,
or a change to their interest in, CentralNic under the FCA's
Disclosure Guidance and Transparency Rules.
The Company will make further announcements in due course
following the completion of any further purchases pursuant
to the Buyback Programme.
In accordance with Article 5(1)(b) of the Market Abuse Regulation
(EU) No 596/2014 details of the purchase of its own ordinary
shares by CentralNic, which were all executed through the
Company's broker, Zeus Capital Limited, are set out below:
Schedule of Purchases:
Shares purchased: CentralNic Group plc (ISIN: GB00BCCW4X83)
Date of purchases: 8 August 2023
Aggregate information:
Aggregated Volume Volume-weighted Venue
average price
(pence)
174,385 130.0896 London Stock Exchange
Individual transactions:
Volume Price Time
25,000 130.3500 pence 08:40 UK
25,000 130.3500 pence 08:40 UK
78 129.8000 pence 09:50 UK
60 129.8000 pence 09:58 UK
25,000 130.0000 pence 14:21 UK
25,000 130.0000 pence 14:21 UK
16,697 130.0000 pence 15:04 UK
15,255 130.0000 pence 15:04 UK
30,000 130.0000 pence 15:07 UK
9,251 129.8000 pence 15:08 UK
3,044 130.0000 pence 15:31 UK
CentralNic Group plc +44 (0) 203 388 0600
Michael Riedl, Chief Executive Officer
William Green, Chief Financial Officer
Zeus (NOMAD and Joint Broker)
Nick Cowles / Jamie Peel / James Edis
(Investment Banking) +44 (0) 161 831 1512
Dominic King (Corporate Broking) +44 (0) 203 829 5000
Berenberg (Joint Broker) +44 (0) 203 207 7800
Mark Whitmore / Richard Andrews / Alix
Mecklenburg-Solodkoff
SEC Newgate (for Media) +44 (0) 203 757 6880
Bob Huxford / Alice Cho / Harry Handyside centralnic@secnewgate.co.uk
/ Tom Carnegie
About CentralNic Group Plc
CentralNic 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 CentralNic 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. The Online Marketing market has a long-term average
growth rate of +20%, making it an attractive growth market.
With a proven business model, scalable technology, and a track
record of delivering accretive M&A, CentralNic has become
a global consolidator.
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