Centaur Media PLC Completion Disposal of Home Interest (7072M)
August 01 2017 - 3:46AM
UK Regulatory
TIDMCAU
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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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August 01, 2017 03:46 ET (07:46 GMT)
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