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CentralNic reappoints former chief financial officer, shares soar

Baladsan held the post between 2010 and 2014, a period that covered CentralNic's listing in 2013

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Baladsan had four years at CentralNic previously

Internet domain specialist CentralNic Group PLC (LON:CNIC) has re-appointed Don Baladasan as its chief financial officer, sending its share price up by over a quarter.

Baladsan held the post between 2010 and 2014, a period that covered CentralNic's listing in 2013, before leaving to raise money for a number of AIM-listed companies.

Ben Crawford, CentralNic's chief executive, said: "We welcome Don back to CentralNic with his wealth of experience from financial expertise to buy & build and risk management.  These skills are particularly pertinent as CentralNic prepares to the go through the next stage of its growth." 

Current CFO Glenn Hayward has left to pursue other interests and Crawford wished him the very best of luck for the future.

Quick facts: Centralnic Group PLC

Price: 77 GBX

LSE:CNIC
Market: LSE
Market Cap: £142.99 m
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