Completion Disposal of Home Interest

RNS Number : 7072M

Centaur Media PLC

01 August 2017

 

1 August 2017

Centaur Media Plc

("Centaur" or the "Group")

Completion of Disposal of Home Interest

Centaur Media Plc (LSE: CAU), the business to business ("B2B") information, insight and events group, is pleased to announce, further to the announcement on 7 July 2017, that the disposal of its business-to-consumer division, Home Interest, has now completed. As previously announced, the Group's proposed acquisition of MarketMakers Incorporated Limited is expected to complete on 4 August 2017.

Andria Vidler, Chief Executive, commented:

"This successful disposal is in line with Centaur's strategy of becoming a pure B2B business.

While Home Interest has been strengthened as part of Centaur, now is the right time for it to fulfil its potential under new ownership. We wish the management team every success."

Enquiries

Centaur Media Plc                           Andria Vidler, Chief Executive                  0207 940 4000

                                                            Swag Mukerji, Chief Financial Officer

Tulchan Communications              James Macey White                                     0207 353 4200

                                                            Will Smith

This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation which came into effect on 3 July 2016.

 

END

 

 

DISSSISWFFWSELA