Notice of results of General Meeting
29/09/2023 07:00
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RNS Number : 0865O CentralNic Group PLC 29 September 2023
29 September 2023
CentralNic Group plc
("CentralNic" or the "Company")
Notice of results of General Meeting
CentralNic Group plc (trading as Team Internet (AIM: TIG)), the global
internet company that derives recurring revenue from privacy-safe, AI based
customer journeys that help online consumers make informed choices, announces
that at its General Meeting held yesterday, 28 September 2023, all
resolutions were duly passed.
The full text of all the resolutions can be found in the Notice of General
Meeting 2023, dated 7 September 2023, a copy of which is available on the
Company's website at Notice of GM 2023
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.
The results of the voting were as follows:
% of votes in favour % of votes against Total votes Votes withheld
1. Change of company name to 'Team Internet Group 99.98% 0.02% 182,497,663 11,282
Plc'*
2. Cancellation of premium account* 99.99% 0.01% 182,497,663 50,019
*Special resolution
The Company is in the process of legally effecting the name change and will
provide an update once this process has been completed.
Notes:
1. Proxy appointments which gave discretion to the Chairman of the GM have
been included in the "For" total for the appropriate resolution.
2. Votes "For" and "Against" any resolution are expressed as a percentage of
votes validly cast for that resolution.
3. A "Vote withheld" is not a vote in law and is not counted in the
calculation of the percentage of shares voted "For" or "Against".
4. The number of shares in issue on 28 September 2023 was 288,660,084 with
15,821,540 shares in treasury.
Michael Riedl, CEO, commented: "As Team Internet Group's CEO, I wanted to
express our gratitude for the overwhelming support of our recent rebranding
and our strategy to prioritise shareholder returns, as expressed by the
virtually unanimous endorsement of today's General Meeting resolutions."
*Special resolution
The Company is in the process of legally effecting the name change and will
provide an update once this process has been completed.
Notes:
1. Proxy appointments which gave discretion to the Chairman of the GM have
been included in the "For" total for the appropriate resolution.
2. Votes "For" and "Against" any resolution are expressed as a percentage of
votes validly cast for that resolution.
3. A "Vote withheld" is not a vote in law and is not counted in the
calculation of the percentage of shares voted "For" or "Against".
4. The number of shares in issue on 28 September 2023 was 288,660,084 with
15,821,540 shares in treasury.
Michael Riedl, CEO, commented: "As Team Internet Group's CEO, I wanted to
express our gratitude for the overwhelming support of our recent rebranding
and our strategy to prioritise shareholder returns, as expressed by the
virtually unanimous endorsement of today's General Meeting resolutions."
CentralNic Group plc (trading as Team Internet)
+44 (0) 203 388 0600
Michael Riedl, Chief Executive Officer
William Green, Chief Financial Officer
Zeus (NOMAD and Joint Broker)
Nick Cowles / Jamie Peel / James Edis (Investment Banking)
+44 (0) 161 831 1512
Dominic King (Corporate Broking)
+44 (0) 203 829 5000
Berenberg (Joint Broker)
+44 (0) 203 207 7800
Mark Whitmore / Richard Andrews / Alix Mecklenburg-Solodkoff
SEC Newgate (for Media)
+44 (0) 203 757 6880
Bob Huxford / Alice Cho / Harry Handyside / Tom Carnegie
teaminternet@secnewgate.co.uk (mailto:teaminternet@secnewgate.co.uk)
About CentralNic Group Plc
CentralNic (trading as Team Internet (AIM: TIG)) creates meaningful and
successful connections from businesses to domains, brands to consumers,
publishers to advertisers, enabling everyone to realise their digital
ambitions. The Company is a leading global internet solutions company that
operates in two highly attractive markets: high-growth digital advertising
(Online Marketing segment) and domain name management solutions (Online
Presence segment). The Company's Online Marketing segment creates privacy-safe
and AI-generated online consumer journeys that convert general interest online
media users into confident high conviction consumers through advertorial and
review websites. The Online Presence segment is a critical constituent of the
global online presence and productivity tool ecosystem, where the Company
serves as the primary distribution channel for a wide range of digital
products. The Company's high-quality earnings come from subscription recurring
revenues in the Online Presence segment and revenue share on rolling
utility-style contracts in the Online Marketing segment.
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