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CentralNic Group PLC - Directors' Dealings

RNS Number : 4069U
CentralNic Group PLC
29 July 2020
 

29 July 2020

CentralNic Group plc

("CentralNic" or the "Company")

 

Directors' Dealings

 

CentralNic (AIM: CNIC), the company that supplies domain name and web services subscriptions over its proprietary platforms to millions of businesses globally, announces that it has been notified today that Erin Invest and Finance Limited, a company in which CentralNic non-executive director Samuel Dayani has a beneficial interest, has on 28 July 2020 sold 800,000 Ordinary shares at a price of 74.8p per share.
Following these sales, Erin Invest and Finance has an interest of 20,656,682 shares representing 10.94 per cent of the issued share capital. Erin Invest and Finance has stated the recent share sales are to fund liquidity needs. Erin Invest and Finance considers itself a long-term holder in CentralNic and has notified the Company that it has now accomplished its liquidity objective and has no intent to sell any further shares in the medium to long term.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Samuel Dayani (through his interest in Erin Invest and Finance Limited

2

Reason for the notification

a)

Position/status

Non-executive Director

b) 

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

CentralNic Group Plc

b)

LEI

213800M4IINBWMXEKV82

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 1p

 

 

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Price(s) and volume(s)

Date

 Price(s)

Volume(s)

28/07/2020

74.8 pence

800,000

d)

Aggregated information

- Aggregated volume

- Price


N/A

e)

Date of the transaction

28 July 2020

f)

Place of the transaction

London Stock Exchange, AIM


 

For Further Information:

CentralNic Group Plc

Ben Crawford, Chief Executive Officer

Don Baladasan, Group Managing Director

Michael Riedl, Chief Financial Officer

 

+44 (0) 203 388 0600

Zeus Capital Limited (Nomad and Joint Broker)

Nick Cowles / Jamie Peel (Corporate Finance)

John Goold / Rupert Woolfenden 

(Institutional Sales)

 

+44 (0) 161 831 1512

+44 (0) 203 829 5000

Stifel (Joint Broker)

Fred Walsh / Alex Price

 

 

+44 (0)20 7710 7600

Newgate Communications (for Media)

Bob Huxford

Tom Carnegie

Robin Tozer

+44 (0) 203 757 6880

[email protected]

 

 

 

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 

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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