CentralNic Group Plc (AIM:CNIC) commences share repurchases on December 31, 2022, under the program mandated by the shareholders in the Annual General Meeting held on May 4, 2022. As per the mandate, the company is authorized to repurchase up to 28,866,000 shares, representing 10% of its issued share capital. The maximum price which may be paid for an ordinary share is an amount equal to 5% above the average of the middle market quotations for the ordinary shares taken from the London Stock Exchange Daily Official List for five business days immediately preceding the day on which that Share is contracted to be purchased and an amount equal to the higher of the price of the last independent trade and the highest current independent bid on the trading venues where the purchase is carried out at the relevant time. The minimum price which may be paid for an ordinary share is the nominal value of the share. The repurchased shares will be will either be cancelled or held in treasury at the company's discretion for later reissue, cancellation or resale. The authority shall expire on conclusion of the company's next Annual General Meeting in 2023, or on July 1, 2023, whichever is earlier. As at March 31, 2022, the company had 288,660,084 issued shares and had no shares in treasury.

On December 29, 2022, the company entered into an irrevocable, non-discretionary arrangement with Zeus and Arden Partners PLC to repurchase its own shares.

On December 30, 2022, the company announces a share repurchase program. Under the program, the company will repurchase up to £4 million worth of its shares. The repurchases will commence today and the program will end no later than the date upon which the aggregate consideration paid for shares reaches £4 million, or upon the conclusion of the next Annual General Meeting in 2023.