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Bond Admitted to Trading on Oslo Stock Exchange

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RNS Number : 0545O
CentralNic Group PLC
30 September 2019
 

30 September 2019

 

CentralNic Group plc

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

 

Bond Admitted to Trading on Oslo Stock Exchange

 

 

CentralNic (AIM: CNIC), the global internet platform that derives revenue from the subscription sales of domain names and web services, announces that its senior secured bond of €50m was admitted to trading on the Oslo Stock Exchange on Friday 27 September 2019.

 

Funds from the bond, which matures in July 2023 and has a coupon of three-month EURIBOR* plus 7% p.a., were used to finance the recent acquisitions of TPP Wholesale, Hexonet group and Ideegeo Group Ltd, and to repay prior interest-bearing liabilities.

 

The bond is traded under the ticker CNIC01 with the ISIN NO0010856750.  

 

 

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 / Neil Shah / 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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