TIDMCNIC
RNS Number : 7594K
CentralNic Group PLC
06 September 2021
6 September 2021
CENTRALNIC GROUP PLC
("CentralNic" or "the Company" or "the Group")
APPOINTS CARSTEN SJOERUP AS CHIEF TECHNOLOGY AND PRODUCT
OFFICER,
NOTICE OF OPTION GRANTS, EXERCISES AND DIRECTOR DEALINGS
CentralNic Group Plc (AIM: CNIC), the global internet platform
company that derives revenue from the sales of online presence and
marketing services, announces the appointment of Carsten Sjoerup in
the new role of Chief Technology & Product Officer, effective
immediately.
This newly created role is an important step in CentralNic's
roadmap to becoming a world leading online services provider. This
role will lead the integration of our technology and product teams
across all our brands, with a focus on our technical expertise and
new product launches. This will allow us to deliver the best
developed and curated choice of products to our customers.
Carsten is an industry leader and joins CentralNic from GoDaddy
where he was CIO. In this role he was responsible for
infrastructure, technical operations, 24x7 monitoring, IT Service
Management, product engineering, research, software development,
consolidations and migrations - leading a team of 600+ across the
US, EMEA, and Asia. His many achievements in that role include
modernising and automating the infrastructure, massively improving
deployment time, decreasing error rates and optimising cost.
Prior to GoDaddy Carsten was CTO at Host Europe Group ("HEG"),
which was acquired by GoDaddy in December 2016. In this role he led
the integration and consolidation of multiple acquisitions into HEG
(before integrating HEG into GoDaddy), including by building a
migration engine and process still in use today. He was also in
charge of modernising and automating the technologies and processes
to ensure a unified platform.
Carsten's outstanding employment experience has also been
recognised through winning the IBM CTO Innovation Award.
Ben Crawford, CentralNic CEO, said: "We are delighted to have
Carsten join CentralNic Group. He is Europe's leading expert in our
industry in integrating companies and launching new products. His
new role of Chief Technology & Product Officer is a strategic
position which will support CentralNic on its roadmap to become a
world leading online services provider. His superb track record and
commitment to excellence and innovation positions him ideally to
join our leadership team."
Option Grants
A total of 1,500,000 nil-cost options under the terms of the
LTIP have been awarded to Carsten Sjoerup in connection with his
appointment as Chief Technology and Product Officer. The Awards
under the LTIP vest subject to the continued employment of the
Award holder and subject to the same stretched performance criteria
applicable to the LTIP program of the Executive Directors for
financial years 2021 through 2024.
Exercise of Share Options
CentralNic announces the exercise by the following PDMR of share
options previously granted by the Company ("Options):
PDMR Number of Ordinary Shares Date of grant of Option
acquired on exercise of
Options
Don Baladasan 1,808,000 1 August 2019
Don Baladasan 293,151 10 March 2020
-------------- -------------------------- ------------------------
The exercise of options was satisfied by 2,101,151 shares from
the CentralNic Employee Benefit Trust. After the above grants and
exercises a total number of 20,197,886 Share Options are held under
options granted to all employees and Directors of the CentralNic
Group.
The table below summarising the total number of Ordinary Shares
under options held by the Directors as at the date of this
announcement:
Director Number of Ordinary Vesting date Exercise price
Share subject per Ordinary
to options Share
Ben Crawford 1,316,000 1 September 2016 GBP0.10
--------------------- ----------------------- ---------------
Ben Crawford 850,000 1 September 2016 GBP0.57
--------------------- ----------------------- ---------------
Ben Crawford 2,260,000 16 July 2021 Nil
--------------------- ----------------------- ---------------
Ben Crawford 672,146 1 March 2021 - 1 March Nil
2023
------------------- ----------------------- ---------------
Ben Crawford 1,008,219 1 March 2022 - 1 March Nil
2024
------------------- ----------------------- ---------------
Ben Crawford 1,008,218 1 March 2023 - 1 March Nil
2025
------------------- ----------------------- ---------------
Don Baladasan 586,301 1 March 2021 - 1 March Nil
2023
------------------- ----------------------- ---------------
Don Baladasan 879,452 1 March 2022 - 1 March Nil
2024
------------------- ----------------------- ---------------
Don Baladasan 879,452 1 March 2023 - 1 March Nil
2025
------------------- ----------------------- ---------------
Thomas Rickert 88,000 2 September 2016 GBP0.57
--------------------- ----------------------- ---------------
Thomas Rickert 350,000 3 February 2019 GBP0.40
--------------------- ----------------------- ---------------
Tom Pridmore 88,000 2 September 2016 GBP0.57
--------------------- ----------------------- ---------------
Tom Pridmore 350,000 3 February 2019 GBP0.40
--------------------- ----------------------- ---------------
Iain McDonald 350,000 26 October 2018 GBP0.40
--------------------- ----------------------- ---------------
Iain McDonald 500,000 10 March 2023 Nil
--------------------- ----------------------- ---------------
Michael Riedl 48,611 1 January 2022 Nil
--------------------- ----------------------- ---------------
Michael Riedl 106,499 1 January 2023 Nil
------------------- ----------------------- ---------------
Michael Riedl 462,100 1 March 2021 - 1 March Nil
2023
------------------- ----------------------- ---------------
Michael Riedl 693,150 1 March 2022 - 1 March Nil
2024
------------------- ----------------------- ---------------
Michael Riedl 693,150 1 March 2023 - 1 March Nil
2025
------------------- ----------------------- ---------------
Director Dealings
CentralNic Group plc (LSE:CNIC, "Company" or "CNIC") received
notification on the 3 September 2021 from Kestrel Partners LLP
("Kestrel") that on the 31 August 2021 it purchased, on behalf of
its discretionary client accounts, an aggregate of 6,000 ordinary
shares of GBP0.001 each ("Shares") in the Company at an average
price of GBP1.00 per share. In August 2021 following an agreement
by Kestrel to transfer its Inheritance Tax Solutions business
("KITS") to a third party, it has ceased to have management control
over 157,323. These shares have now been transferred out of
Kestrel's control.
Mr Royde is a partner of, and holds a beneficial interest in,
Kestrel. Mr Royde is also a shareholder in Kestrel Opportunities
and is therefore deemed to have a beneficial interest in Kestrel
Opportunities' entire legal holding in CNIC.
Following this transaction, Kestrel Opportunities holds (and
consequently Mr Royde is deemed to have a beneficial interest in)
17,926,535 Shares in the Company, and other clients of Kestrel, in
which Mr Royde has no beneficial interest hold 38,602,721 Shares in
the Company.
On a combined basis, Kestrel indirectly holds voting rights over
56,529,256 Shares in the Company, which represents 22.51 per cent
of the Company's issued share capital.
Kestrel's interest in the Shares in the Company is held through
the following nominees:
Holding Nominee No. of shares % of issued share
type capital
Bank of New York Nominees
Indirect Ltd 17,926,535 7.14%
-------------------------------- -------------- ------------------
Indirect JIM Nominees Limited 1,564,287 0.63%
-------------------------------- -------------- ------------------
Bank of New York Nominees
Indirect Ltd 24,042,291 9.57%
-------------------------------- -------------- ------------------
CB NYK - CITIBANK N.A.-PRIVATE
Indirect BK 12,996,143 5.17%
-------------------------------- -------------- ------------------
The Company has further been notified on 3 September that Erin
Invest and Finance Limited, a company in which Samuel Dayani,
non-executive director, has a beneficial interest has on 2
September 2021 sold 264,097 ordinary shares of GBP0.001 each
("Shares") in the Company at an average price of GBP1.03 per share.
Following these sales, Erin Invest and Finance has an interest of
20,392,585 shares representing 8.12 per cent of the issued share
capital. Erin Invest and Finance considers itself a long-term
holder in CNIC.
Annex
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Don Baladasan
------------------------------ --------------------------------
2 Reason for the notification
----------------------------------------------------------------
a) Position/status Group Managing Director
------------------------------ --------------------------------
b) Initial notification Initial notification
/Amendment
------------------------------ --------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------
a) Name CentralNic Group plc
------------------------------ --------------------------------
b) LEI 213800M4IINBWMXEKV82
------------------------------ --------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
----------------------------------------------------------------
a) Description of the Ordinary shares of GBP0.001
financial instrument,
type of instrument GB00BCCW4X83
Identification code
------------------------------ --------------------------------
b) Nature of the transaction Exercise of share options
------------------------------ --------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
0p 1,808,000
0p 293,151
----------
------------------------------ --------------------------------
d) Aggregated information
- Aggregated volume N/A - single transaction
- Price
------------------------------ --------------------------------
e) Date of the transaction 6 September 2021
------------------------------ --------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------ --------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Kestrel Partners LLP
----------------------- ---------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------
a) Position/status PCA - Max Royde (non-executive director CentralNic
Group plc)
----------------------- ---------------------------------------------------
b) Initial notification Initial
/Amendment
----------------------- ---------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------
a) Name CentralNic Group plc
----------------------- ---------------------------------------------------
b) LEI 213800WAVVOPS85N2205
----------------------- ---------------------------------------------------
4 Details of the transaction(s): section to be repeated for
(i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
----------------------------------------------------------------------------
a) Description GBP0.001 Ordinary Shares
of the financial
instrument,
type of instrument ISIN: GB00BCCW4X83
Identification
code
----------------------- ---------------------------------------------------
b) Nature of the Purchase and Transfer
transaction
----------------------- ---------------------------------------------------
c) Price(s) and P urchase
volume(s) 31 August 2021
Price(s) Volume(s)
Transfer ----------------
1.00 6,000 shares
Purchase ----------------
Transfer
14 August 2021
Price(s) Volume(s)
---------------
N/A 157,323 shares
---------------
----------------------- ---------------------------------------------------
d) Aggregated information
- Aggregated Purchase Total 6,000 shares @ GBP 1.00
volume Transfer of 157,323 shares
- Price
----------------------- ---------------------------------------------------
e) Date of the 31 August 2021 (Purchase) & 14 August (Transfer)
transaction
----------------------- ---------------------------------------------------
f) Place of the London
transaction
----------------------- ---------------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Samuel Dayani (through his
interest in Erin Invest and
Finance Limited
------------------------------------ -------------------------------
2 Reason for the notification
---------------------------------------------------------------------
a) Position/status Non-executive Director
------------------------------------ -------------------------------
b) Initial notification /Amendment Initial notification
------------------------------------ -------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---------------------------------------------------------------------
a) Name CentralNic Group Plc
------------------------------------ -------------------------------
b) LEI 213800M4IINBWMXEKV82
------------------------------------ -------------------------------
4 Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
---------------------------------------------------------------------
a) Description of the financial Ordinary shares of GBP0.001
instrument, type of instrument p
Identification code
------------------------------------ -------------------------------
b) Nature of the transaction Sale of Ordinary Shares
------------------------------------ -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
103 pence 264,097
----------
------------------------------------ -------------------------------
d) Aggregated information
- Aggregated volume N/A
- Price
------------------------------------ -------------------------------
e) Date of the transaction 2 September 2021
------------------------------------ -------------------------------
f) Place of the transaction London Stock Exchange, AIM
------------------------------------ -------------------------------
-Ends-
For further information:
CentralNic Group Plc
Ben Crawford, Chief Executive Officer +44 (0) 203 388 0600
Don Baladasan, Group Managing Director
Michael Riedl, Chief Financial Officer
Zeus Capital Limited - NOMAD and Joint
Broker
Nick Cowles / Jamie Peel (Corporate Finance) +44 (0) 161 831 1512
John Goold / Rupert Woolfenden (Institutional
Sales) +44 (0) 203 829 5000
Stifel - Joint Broker
Fred Walsh / Alex Price / Richard Short +44 (0) 20 7710 7600
SEC Newgate UK (for Media)
Bob Huxford / Tom Carnegie / Isabelle +44 (0) 203 757 6880
Smurfit centralnic@secnewgate.co .uk
About CentralNic Group Plc
CentralNic (AIM: CNIC) is a London-based AIM-listed company
which drives the growth of the global digital economy by providing
businesses around the world with tools to build their online
presence and to win customers and earn revenues online. The Company
complements its organic growth with target acquisitions of
cash-generative businesses in its industry with annuity revenue
streams and exposure to growth markets and migrating them onto the
CentralNic software and operating platforms. CentralNic operates
globally with customers in almost every country in the world. It
earns recurring revenues from the worldwide sales of online
presence and online marketing services on a subscription or pay per
use basis. For more information please visit:
www.centralnicgroup.com
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCEAENSESNFEAA
(END) Dow Jones Newswires
September 06, 2021 02:00 ET (06:00 GMT)
Team Internet (LSE:TIG)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024
Team Internet (LSE:TIG)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024