Response to Recent Speculation

RNS Number : 4026A

CentralNic Group PLC

24 March 2017

 

Press Release

24th March 2017

CentralNic Group plc

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

Response to Recent Speculation

The Board of CentralNic Group plc (AIM: CNIC), the internet platform business which derives revenues from the global sale of domain names and associated services, has become aware of speculation in relation to a potential acquisition.  

The Company has a stated strategy to execute acquisitions where these meet the Group's strategic criteria.  In line with this strategy, CentralNic can confirm that it is in discussions with SK-NIC, a.s., the registry service provider for the .sk country code top level domain for Slovakia, however these discussions have not been concluded and the potential transaction remains in the course of negotiation. The discussions may or may not lead to an acquisition of the SK-NIC, a.s. business or a commercial relationship between the companies.  Any transaction with SK-NIC, a.s. would be classified as a Substantial transaction under AIM Rule 12.

The Board will provide shareholders with a further update as required. 

Market Abuse Regulation (MAR) Disclosure 

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement. 

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For further information:

CentralNic Group plc
Ben Crawford, Chief Executive Officer Glenn Hayward, Chief Financial Officer	[phone]
Zeus Capital - Nomad and Joint Broker
Nick Cowles / Jamie Peel	[phone]
John Goold / Alex Davies	[phone]
Peel Hunt LLP - Joint Broker
Richard Kauffer / Euan Brown	[phone]
Alastair Rae
Abchurch
Julian Bosdet / Tim Thompson / Rebecca Clube	[phone]
[e-mail]	www.abchurch-group.com

 

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