CentralNic Group plc (LON:CNIC) announced today that it has issued and allotted 598,000 new ordinary shares of £0.001 value (“Ordinary Shares”) to satisfy the exercise of options by former employees.
Application has been made to the London Stock Exchange for the 598,000 Ordinary Shares issued pursuant to the option exercise to be admitted to trading on AIM (“Admission”). Admission is expected to occur at 8:00 a.m. on 9 February 2017. The Ordinary Shares shall rank pari passu with the existing ordinary shares in the Company.
Following Admission, the Company’s enlarged issued share capital comprises 96,492,348 Ordinary Shares with one voting right per share. There are no shares held in treasury. The total number of voting rights in the Company is therefore 96,492,348.
This figure of 96,492,348 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA’s Disclosure and Transparency Rules.
CentralNic Group Plc is a London-based AIM-listed company which develops and manages software platforms allowing businesses globally to use the internet for their own websites and email, as well as protecting their brands online. Its core growth strategy is identifying and acquiring cash-generative businesses with annuity revenue streams and exposure to emerging markets, and migrating them onto the CentralNic software and operating platforms.