Circular posted to Shareholders

RNS Number : 7481H

Centaur Media PLC

21 May 2014

 



21 May 2014

Centaur Media Plc

Circular posted to Shareholders

Further to the announcement on 19 May 2014 in which the board of Centaur Media Plc (LSE: CAU, "Centaur," the "Group") announced that it had conditionally agreed: (a) to sell Perfect Information Limited to Mergermarket Limited for an enterprise value of £26m (the "Proposed Disposal"); and (b) to the early settlement of the earn-out entitlement of the former shareholders of E-consultancy.com Limited for £12.5m in cash (the "Proposed Settlement"), the Board of Centaur announces that the circular relating to the Proposed Disposal and the Proposed Settlement (the "Circular") is being sent to Centaur shareholders today.

The Circular contains a notice of a general meeting (the "General Meeting") to approve the Proposed Disposal and Proposed Settlement.

The General Meeting to approve the Proposed Disposal and the Proposed Settlement will be held at 11.00a.m. on 9 June 2014 at Centaur's offices at Wells Point, 79 Wells Street, London W1T 3QN.

The Circular is available for inspection on the investor relations section of the Company's website: http://www.centaur.co.uk/investors/shareholder-information/shareholder-meetings.

A copy of the Circular has been submitted to the National Storage Mechanism and will shortly be available for inspection at: http://www.morningstar.co.uk/uk/NSM

Copies of the Circular and the resolutions to approve the Proposed Disposal and the Proposed Settlement are available for inspection at the offices of Macfarlanes at 20 Cursitor Street, London, EC4A 1LT, during normal business hours on any weekday (UK public holidays excepted) with effect from today until the conclusion of the General Meeting.

Enquiries:

Centaur Media plc	[phone]
Andria Vidler, Chief Executive Officer
Mark Kerswell, Group Finance Director
Trillium Partners Limited (Financial adviser to Centaur)		[phone]
Stephen Routledge / Philip Mastriforte / Andrew Zelouf
Numis Securities Limited (Sponsor and broker to Centaur)		[phone]
Lorna Tilbian / Chris Wilkinson / Nick Westlake
Instinctif Partners (PR adviser to Centaur)		[phone]
Adrian Duffield / Kay Larsen

Note to editors

Centaur is a leading UK-based business information, events and media group. It strives to be the first place professionals and consumers turn for information, insight and interaction.

Its portfolio of leading market brands includes: Marketing Week, Econsultancy, The Profile Group, Creative Review, Design Week, Money Marketing, The Platforum, Tax Briefs, The Lawyer, VBR, Employee Benefits, The Engineer, Homebuilding & Renovating, Period Living and Real Homes, The Business Travel Show, The Meetings Show and SubCon.

 

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