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Description of business:
CentralNic Group Plc, through its wholly owned subsidiary CentralNic Limited, is a registry service provider, which derives revenues from the sale of internet domain names. CentralNic uses its in-house developed IT platform to distribute its own portfolio of domain names to a global network of "registrars" which sell these to end users. It also uses this platform to sell domain names owned by third parties, normally on a revenue share basis. Further, CentralNic provides consultancy services to companies seeking to create their own domains. Following recent industry developments and regulatory changes, CentralNic expects, by virtue of its contracts and relationships, to benefit from a major expansion in the number of generic top level domains such as .wiki and .college, which are expected to be operating from the end of 2013.

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CentralNic Group Plc

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