The Centaur Media Plc board of directors (the “Board”) notes the recent media speculation in the Centaur Media Plc share price and confirms it has received a highly preliminary expression of interest from Waterland Private Equity Investments B.V. (“Waterland”) in relation to the proposed acquisition of the entire issued, and to be issued, share capital of the Company.
Shareholders are advised that there can be no certainty that any offer will be made, nor as to the terms of any offer. The Board remains confident in the Company’s growth strategy and its ability to maintain a competitive edge within the markets it operates.
In accordance with Rule 2.6(a) of the Code, the Company announces that, by no later than 5.00 pm on 8th May 2024, being 28 days after the date of this announcement, Waterland must either announce a firm intention to make an offer for the Company under Rule 2.7 of the Code or announce that it does not intend to make an offer for the Company, in which case the announcement will be treated as a statement to which Rule 2.8 of the Code applies. This deadline will only be extended with the consent of the Takeover Panel in accordance with Rule 2.6(c) of the Code.
A further announcement will be made when appropriate.