REG - Centaur Media PLC - Update on Return of Capital

Centaur MediaAnnouncement

29/10/2025 08:30

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RNS Number : 3076F  Centaur Media PLC  29 October 2025

Centaur Media plc

Incorporated in England and Wales

Registration number: 04948078

LEI: 2138005WK87G7DQRQI62

ISIN: GB0034291418

 

29 October 2025

 

Centaur Media Plc

("Centaur" or the "Group")

 

Update on Return of Capital

 

Further to previous announcements made by the Group, the Board of Centaur
announces that it is making good progress with respect to the return of
capital to shareholders, taking into account what funds the Group will require
for ongoing working capital purposes. The Board believes, having discussed
with shareholders, that a tender offer will be the most appropriate method for
returning capital to shareholders considering the relative costs, complexity
and timeframes of the possible methods available, as well as the likely tax
treatment for, and equality of treatment of, shareholders.

The process of determining the split of capital between a return to
shareholders and that to be retained within the Group is well progressed and
the Board currently anticipates that up to £64 million should initially be
returned to shareholders. Should a tender offer be the method utilised to
return that capital to shareholders, the Board anticipates that the tender
price will be 48.0 pence per Centaur ordinary share.

The Board expects that the return of capital will be finalised before the end
of 2025 and a further announcement containing details of the return of capital
will be made in due course.

 

Enquiries

Centaur Media plc

Martin Rowland, Executive
Chair
 
                020 7970 4000

Simon Longfield, Chief Financial Officer

 

Singer Capital Markets - Broker

Phil Davies
 
 
 
020 7496 3000

James Fischer

 

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