REG - Centaur Media PLC - FCA grants temporary modification to free float
RNS Number : 9854BCentaur Media PLC14 October 202014 October 2020
Centaur Media Plc
("Centaur" or "the Company")
FCA grants Centaur temporary modification to free float rule
The Financial Conduct Authority (FCA) requires premium listed companies to maintain a free float of at least 25% of their shares admitted to trading (Listing Rule 6.14.1R). Due to recent changes in the shareholder register, Centaur's free float currently stands at 18.5%. The FCA has granted Centaur a temporary modification to its listing obligations to allow for a minimum of 17.5% of the ordinary shares in the Company to be held in public hands. This modification runs until 27 May 2021.
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