Notice of General Meeting

CentralNic Group PLC

04 September 2023

 

4 September 2023
CentralNic Group plc
("CentralNic" or the "Company")
Notice of General Meeting
CentralNic Group plc (trading as Team Internet (AIM: CNIC)), the global internet company generating recurring revenue from privacy-safe, AI based customer journeys that help online consumers make informed choices, announces that on 28 September 2023 it will hold a General Meeting ("GM") at 10.30 BST at the Company's registered address, 4th Floor, Saddlers House, 44 Gutter Lane, London, EC2V 6BR, for the purpose of considering and, if thought fit, passing the following resolutions: Special Resolutions: 1.    THAT, the Company's name be changed from 'CentralNic Group Plc' to 'Team Internet Group Plc' with immediate effect. 2.    THAT, the Company's share premium account of USD 98,529,000 be cancelled and is hereby cancelled. The proposed change in name reflects our continued commitment to growth, innovation, and our dedication to providing exceptional products to our customers and partners. The cancellation of the share premium account will enable the Company to increase its distributable reserves to facilitate making future distributions to its shareholders, including the payment of dividends. The Notice of General Meeting will shortly be available on the Company's new website at: https://teaminternet.com/constitutional-documents-and-circulars/ The Company is offering facilities for shareholders to attend by conference call to ask questions in real time should they wish to do so. Shareholders will be able to follow the proceeding of the GM over the online Investor Meet Company platform by registering in advance via the following link:  https://www.investormeetcompany.com/centralnic-group-plc/register-investor Shareholders who already follow CENTRALNIC GROUP PLC on the Investor Meet Company platform will automatically be invited. Shareholders are invited to submit any questions in respect of the meeting for the Board to consider. Questions may be submitted in advance up until 09:00 BST the day before the meeting or during the meeting over the Investor Meet Company platform following registration, and the Board will aim to respond to any such questions relevant to the business of the meeting. Shareholders taking part via the Investor Meet Company platform will not be able to speak or vote on the GM resolutions. Shareholders are therefore strongly encouraged to exercise their voting rights by completing and submitting a Form of Proxy. It is highly recommended that Shareholders submit their Form of Proxy as early as possible to ensure that their votes are counted at the GM.
For further information:
CentralNic Group plc (trading as Team Internet)					[phone]
Michael Riedl, Chief Executive Officer
William Green, Chief Financial Officer
Zeus (NOMAD and Joint Broker)
Nick Cowles / Jamie Peel / James Edis (Investment Banking)					[phone]
Dominic King (Corporate Broking)					[phone]
Berenberg (Joint Broker)					[phone]
Mark Whitmore / Richard Andrews / Alix Mecklenburg-Solodkoff
SEC Newgate (for Media)					[phone]
Bob Huxford / Alice Cho / Harry Handyside / Tom Carnegie					[e-mail]
About CentralNic Group Plc
CentralNic (trading as Team Internet (AIM: CNIC)) creates meaningful and successful connections from businesses to domains, brands to consumers, publishers to advertisers, enabling everyone to realise their digital ambitions. The Company 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 the Company 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.

 

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