CentralNic Commences Trading on London Stock Exchange's AIM Market

6th September 2013 — CentralNic Group PLC, an internet registry service provider which derives revenues from the distribution and sale of internet domain names, began trading its shares on the London Stock Exchange's AIM Market Sept. 2.

In a release on Sept. 3, Ben Crawford, CEO of CentralNic, said: "We are extremely pleased to have successfully completed the IPO process. The business is in a strong position to take advantage of additional opportunities to develop our global domain distribution business, and will benefit from having new quality shareholders to support our strategy."

CentralNic has global contracts to supply retailers such as GoDaddy and Web.com with domains using 30 different extensions, including .la, .uk.com and .us.com.

The Company raised GBP7m ($10.9m USD) from its IPO with institutional investors Schroders Investment Management and Unicorn Asset Management joining the shareholder register. The shares were placed at 55p and rose 19 percent to 65.5p by the end of the first day's trading, valuing the company at GBP38.7m ($60.2m USD).

The Company has been awarded the global registry service provision contracts for 60 new TLD applications, 25 of which are already confirmed to launch, including: .college, .bar, .wiki, .xyz, .rest, .contact, .feedback, .ink, and .PID.