Initiation of Research Coverage

RNS Number : 4035Q

CentralNic Group PLC

18 June 2020

 

18 June 2020

CentralNic Group plc

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

Initiation of Coverage by Equity Research Company Edison

CentralNic Group PLC (AIM: CNIC), the internet platform that derives revenue from the worldwide sales of internet domain names, announces that equity research company, Edison, has initiated coverage on the Company today. The initiation note can be found at the following: https://www.edisongroup.com/publication/core-internet-infrastructure-consolidator/27086/

CentralNic has engaged Edison to produce in-depth and regular research on the Company which is available to everyone. It is hoped this research will raise the visibility of CentralNic and enable investors of all classes, in any country, to develop an improved understanding of the business. 

Edison's research is read on a free-to-access basis by individuals and institutions across the globe. It has been accessed by more than 5,000 professional investment institutions since MiFID II was introduced and many other market participants including private investors, sell side, advisors and press. Edison only produces research that falls under the minor non-monetary benefit definition in MiFID II.

Ben Crawford, CEO of CentralNic, commented: "We are delighted to be working with Edison, which has initiated coverage on CentralNic today. As a truly global business it is important to us that the international investment community is aware of CentralNic as a potential investment opportunity and is able to develop a detailed understanding of the Company. We are confident Edison's research coverage and worldwide distribution will help us in this goal."

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For further information:  

CentralNic Group Plc Ben Crawford, Chief Executive Officer Don Baladasan, Group Managing Director Michael Riedl, Chief Financial Officer	[phone]
Zeus Capital Limited (NOMAD and Joint Broker) Nick Cowles / Jamie Peel (Corporate Finance) John Goold / Rupert Woolfenden  (Institutional Sales)	[phone] [phone]
Stifel (Joint Broker) Fred Walsh / Alex Price	[phone]
Newgate Communications (for Media) Bob Huxford Robin Tozer Tom Carnegie	[phone] [e-mail]

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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