Notification of Major Shareholding

RNS Number : 2915V

CentralNic Group PLC

24 October 2014

 



Press Release

24 October 2014

CentralNic Group plc

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

1. Notification of Major Shareholding

 2. Director Dealing

CentralNic (AIM: CNIC), the internet platform business which derives revenues from the global sale of domain names, announces today that it received notice on 23 October 2014 relating to a transfer of 4,750,000 ordinary shares of 0.1 pence each from Robert Pooke, a director of CentralNic Group plc, to Christian Phillips, the beneficiary.

The 4,750,000 shares were non-beneficially held by Robert Pooke on behalf of the beneficiary, as disclosed in the Company's AIM Admission Document of 2 September 2013, and subject to a 12 month lock-in provision. Following the conclusion of the lock-in period these shares have been transferred for nil consideration.

Following the transfer, the 4,750,000 shares were beneficially held by Christian Phillips, representing 7.76% of the issued share capital. The shares held by Robert Pooke, following the transfer, represent an interest of 13.73% of the Company's issued share capital. The beneficial ownership of Robert Pooke in the Company's share capital has not changed.

-Ends-

For further information:

CentralNic Group plc
Ben Crawford (CEO)	[phone]
Zeus Capital
Ross Andrews / Nick Cowles (Corporate Finance)	[phone]
John Goold (Institutional Sales)	[phone]
Abchurch Communications
Jamie Hooper / Olivia Stuart Taylor	[phone]
[e-mail]	www.abchurch-group.com

About CentralNic Group plc

CentralNic (LSE: CNIC) is a London-based AIM-listed company which earns revenues from the worldwide sales of internet domain names over a technology platform that it developed and manages.  These domain names are sold on an annual subscription basis and paid for by customers upfront, making CentralNic a cash-generative business with annuity revenue streams.  CentralNic comprises three business lines within the domain name industry.  It operates a global wholesale network, supplying domain names to over 1,500 vendors in 77 countries, and is a leader in wholesaling for new Top-Level Domains - the new endings for domain names being introduced as alternatives to .com and .net. CentralNic is the exclusive wholesaler for all domains ending with .tickets, .website, .wiki, .bar, .feedback and .xyz, with more than 50 others under contract.  CentralNic is also a leading global domain name retailer, with its retail websites including internetbs.net, buydomains.london and domain.luxury.  Additionally, via its enterprise programme, CentralNic supplies domain names (including high-value premium domain names), software and services directly to large corporations and governments.

For more information please visit: www.centralnic.com

 

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