Statement Re: Centaur Media Plc PUSU
November 05 2009 - 4:50AM
UK Regulatory
TIDMCAU TIDMCIG
RNS Number : 0194C
Takeover Panel
05 November 2009
2009/26
CENTAUR MEDIA PLC ("CENTAUR")
Critical Information Group Plc ("Critical Information")
Following recent representations made by the advisers to Centaur, the Panel
Executive has been considering the application of Rule 2.4(b) of the Code to the
announcement made by Critical Information, on 20 October 2009, in which it
confirmed that it had made an approach to Centaur that may lead to an offer for
Centaur. Following discussions with both parties' advisers, the Panel Executive
has ruled that, unless the Panel Executive consents otherwise, Critical
Information must, by 5.00 p.m. on 7 December 2009, either announce a firm
intention to make an offer for Centaur under Rule 2.5 of the Code or announce
that it does not intend to make an offer for Centaur. In the event that Critical
Information announces that it does not intend to make an offer for Centaur,
Critical Information and any person(s) acting in concert with it will, except
with the consent of the Panel Executive, be bound by the restrictions contained
in Rule 2.8 of the Code for six months from the date of such announcement.
Each of the parties has accepted this ruling.
5 November 2009
This information is provided by RNS
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