Response to Speculation

RNS Number : 4909T

CentralNic Group PLC

14 November 2019

 

14 November 2019

CentralNic Group plc

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

Response to speculation

CentralNic (AIM: CNIC), the global internet platform that derives revenue from the subscription sales of domain names and web services, has been made aware of speculation in relation to the potential acquisition of Team Internet AG, a Munich based business which is a subsidiary of Matomy Media Group Ltd (LON: MTMY). CentralNic management can confirm that it is currently engaged in advanced discussions, which may or may not lead to a transaction being completed. Further announcements will be made in due course if appropriate.

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 / Neil Shah / Alex Price	[phone]
Newgate Communications (for Media) Bob Huxford, Tom Carnegie, Robin Tozer	[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 

 

END

 

 

RSPDZLFFKFFBFBZ