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Software & services

CentralNic receives £3mln from open offer

The offer was part of a funding package by the internet registry and marketing group

CentralNic PLC has raised gross proceeds of £3mln from the open offer that accompanied its acquisition of German group VGL.

The offer was part of a funding package by the internet registry and marketing group that included a £42mln share subscription and €21mln senior bond issue.

Ben Crawford, CentralNic’s chief executive, said: "We are grateful for the outstanding support from our institutional and retail shareholders during these challenging times.

“We are convinced that the proven resilience of CentralNic's businesses, built on recurring revenue models and supported by strong long term fundamental trends, will continue to drive increased shareholder value moving forward."

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