Source - LSE Regulatory
RNS Number : 4741L
CentralNic Group PLC
10 September 2021
 

10 September 2021

 

CentralNic Group plc

("CentralNic" or "the Company")

Directors' Dealings and Holdings in Company

CentralNic Group plc (LSE:CNIC, "Company" or "CNIC") received notification on 10 September 2021 from Erin Invest and Finance Limited ("Erin"), a company in which Samuel Dayani, non-executive director, has a beneficial interest, that on 8 September 2021 it sold 4,250,106 ordinary shares of £0.001 each ("Shares") in the Company at a price of £1.03 per share. CNIC has further been notified that that on 9 September 2021 Erin sold 288,045 ordinary shares of £0.001 each ("Shares") in the Company at a price of £1.04884 per share. CNIC has also been informed that on 10 September 2021, Erin has sold 64,155 shares at a price of £1.030874 per share.

Following these sales, Erin Invest and Finance Limited has an interest of 15,790,279 shares representing 6.29 per cent of the issued share capital. Erin Invest and Finance Limited has stated the recent share sales are to fund liquidity needs. Erin Invest and Finance considers itself a long-term holder in CentralNic and has notified the Company that it has now accomplished its liquidity objective and has no intent to sell any further shares in the medium to long term.   



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 Smurfit

 

+44 (0) 203 757 6880

centralnic@secnewgate.co.uk

 


 

 

ANNEX

 

Template for 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

 

 

Erin Invest and Finance Limited

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PCA - Sam Dayani (non-executive director CentralNic Group plc)

b)

 

Initial notification /Amendment

 

 

Initial

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 of the financial instrument, type of instrument

 

Identification code

 

£0.001 Ordinary Shares

 

 

ISIN: GB00BCCW4X83

 

b)

 

Nature of the transaction

 

 Sale of Ordinary Shares

c)

 

Price(s) and volume(s)

 

Transfer

 

Purchase

 

8 September 2021

Price(s)

 

Volume(s)

1.03

4,250,106

9 September 2021

Price(s)

 

Volume(s)

1.04884

288,045

10 September 2021

Price(s)

 

Volume(s)

1.030874

 

 64,155 shares

 

 

d)

 

Aggregated information

- Aggregated volume

- Price

 

N/A

 

 

e)

 

Date of the transaction

 

8-10 September 2021

f)

 

Place of the transaction

London Stock Exchange, AIM

 

 

 

TR-1: Standard form for notification of major holdings

 

 

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

CentralNic Group PLC

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK issuer


2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments


An event changing the breakdown of voting rights


Other (please specify)iii:


3. Details of person subject to the notification obligationiv

Name

Erin Invest & Finance Limited

City and country of registered office (if applicable)

Roadtown, BVI

4. Full name of shareholder(s) (if different from 3.)v

Name


City and country of registered office (if applicable)


5. Date on which the threshold was crossed or reachedvi:

7 September

6. Date on which issuer notified:

8 September

7. Total positions of person(s) subject to the notification obligation


% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

6.29%

N/A

6.29%

251,160,084

Position of previous notification (if

applicable)

8.22%

N/A

8.22%


 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Ordinary Shares of 0.1p each

ISIN  GB00BCCW4X83

15,790,279

N/A

6.29%

N/A











SUBTOTAL 8. A



 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights


















SUBTOTAL 8. B 1



 

 

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights






















SUBTOTAL 8.B.2



 

 

 

 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii


Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity
xiv (please add additional rows as necessary)

X

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Mr Sam Dayani

50%


3.14%

Mr Joseph Dayani

50%


3.14%














10. In case of proxy voting, please identify:

Name of the proxy holder

N/A

The number and % of voting rights held

N/A

The date until which the voting rights will be held

N/A


11. Additional informationxvi


 

Place of completion

London

Date of completion

10 September

 

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