Business
Result of General Meeting
Result of General Meeting.
About this update from Team Internet Group Plc
[{"type":"text","content":"\n \nRNS Number : 3046K CentralNic Group PLC 29 December 2015 \n\n \n \n \n \n\n\n\n\nPress Release\n\n\n29 December 2015\n\n\n\n\n \nCentralNic Group plc\n \n(\"CentralNic\")\n \nResult of General Meeting\n \nThe Board of CentralNic Group plc (AIM:CNIC), the internet platform business which derives revenues from the global sale of domain names, is pleased to announce that at its General Meeting held earlier today, 29 December 2015, all resolutions were duly passed. \n \nAs a result of the resolutions being passed, the acquisition of the entire issued share capital of Instra Group (\"the Acquisition\") for a total consideration of AU$33 million, will legally complete in January 2016 following Admission. As previously announced, the Company has placed 25,000,000 new Ordinary Shares at 40p per share to raise £10 million before expenses to part-fund the Acquisition. \n \nApplication will be made for the 25,000,000 new Ordinary Shares to be admitted to trading on AIM in connection with the Placing and Acquisition. Admission will become effective at 8.00 a.m. on 30 December 2015. The new Ordinary Shares issued will, upon issue, rank in full for all dividends and distributions declared, made or paid in respect of the issued Ordinary Share capital of the Company and otherwise rank pari passu in all other respects with the Existing Ordinary Shares. Following Admission the total issued share capital of the Company will increase to 92,007,481 Ordinary Shares. \n \n \n-Ends-\nFor further information:\n \n\n\n\n\nCentralNic Group plc\n\n\n \n\n\n\n\nBen Crawford (CEO)\n\n\n+44 (0) 203 388 0600\n\n\n\n\n \n\n\n \n\n\n\n\nZeus Capital - NOMAD and Joint Broker\n\n\n \n\n\n\n\nRoss Andrews / Nick Cowles \nJohn Goold / Alex Davies \n\n\n+44 (0) 161 831 1512\n\n\n\n\n \n\n\n \n\n\n\n\nPeel Hunt LLP - Joint Broker\n\n\n \n\n\n\n\nRichard Kauffer / Euan Brown (Corporate Finance)\n\n\n+44 (0) 207 418 8900\n\n\n\n\n \n\n\n \n\n\n\n\nAbchurch Communications\n\n\n \n\n\n\n\nJamie Hooper / James Burman \n\n\n+44 (0) 207 398 7741\n\n\n\n\[email protected]\n \n\n\nwww.abchurch-group.com\n\n\n\n\n \nAbout CentralNic\n \nCentralNic (LSE: CNIC) is a London-based AIM-listed com...