The London Stock Exchange uses cookies to improve its website. The cookies for analytical purposes have already been set. For more details and how to manage cookies, please see our privacy and cookies policy.

Welcome stories


2 September 2013
London Stock Exchange is delighted to welcome CentralNic Group PLC to AIM

CentralNic Group plc open trading

CentralNic Group PLC is a registry service provider which derives revenues from the sale of internet domain names. The business was first established in 1995 with the vision of bringing more choice and competition to the domain name market. 

Following recent industry developments and regulatory changes, CentralNic expects, by virtue of its contracts and technical infrastructure, to benefit from a major expansion in the number of generic top level domains ("gTLDs") expected to operate from the end of 2013. New TLDs scheduled to launch that CentralNic has contracts to provide exclusive global distribution services to include .bar, .college, .wiki and .xyz, among many others.

Zeus Capital, the Company's broker and nominated adviser, raised a total of £7m following a placing and vendor placing at 55p per share.

The Directors believe that the funds raised for the Group by the placing of shares will allow the Group to enhance its global distribution network, acquire interests in new gTLDs, expand its own retail business and obtain contracts from governments to operate their country code TLDs ("ccTLDs"), especially in developing markets.

Commenting on CentralNic's listing on AIM, CEO Ben Crawford said:

"The Company has made significant progress over the past few years as it prepared itself to capitalise on the major changes happening with the internet. We have been awarded the exclusive distribution contracts for 60 new TLDs, 25 of which are already confirmed to launch through CentralNic.

"Our successful listing on AIM has helped us to raise the funds that will allow us to further build our market position and network as well as invest in new TLD assets when the opportunity arises."

.

The Exchange accepts no responsibility for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.

You will be redirected in five seconds.

You are accessing the London Stock Exchange Annual Report Service powered by PrecisionIR.

The Exchange accepts no responsibility for the content of the reports you are now accessing or for any reliance placed by you or any person on the information contained therein.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.

You will be redirected in five seconds