REG - Centaur Media PLC - Tender offer update and sale of Econsultancy

Centaur MediaAnnouncement

Tue 07:00

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RNS Number : 7194N  Centaur Media PLC  06 January 2026

Centaur Media plc

Incorporated in England and Wales

Registration number: 04948078

LEI: 2138005WK87G7DQRQI62

ISIN: GB0034291418

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN ANY
JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS
OF SUCH JURISDICTION

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

FOR IMMEDIATE RELEASE

 

6 January 2026

 

Centaur Media Plc

("Centaur" or "Group")

 

Tender offer update and sale of Econsultancy

 

 

Tender offer update

Centaur has continued to progress its preparation for the tender offer to
return up to £64 million at a price of 48p per share. This preparation has
included ensuring that there are sufficient distributable reserves in order to
facilitate the return of capital. To achieve the required level of
distributable reserves, Centaur will need to effect a capital reduction which
requires court approval and as a result has extended the time required to
return capital to shareholders.

The Board now expects to issue the circular to shareholders seeking approval
for the tender offer in January and expects the return of capital to take
place in March 2026.

Sale of Econsultancy Limited ("Econsultancy")

The Board announces that the Group has signed an unconditional sale and
purchase agreement with Uptime App Limited ("uptime") for the sale of
Econsultancy effective as at 31 December 2025. The Board views uptime as a
compelling acquirer of Econsultancy, being able to use its technology platform
and B2B relationships to help to grow the business

Outlook

The continuing Group, following the sale of Econsultancy, consists of a single
trading business, Influencer Intelligence Limited, comprising the Influencer
Intelligence and Fashion & Beauty Monitor brands. The Group has now
completed the implementation of its plan to significantly downsize its central
cost base and support functions in response to the lower resource requirements
of owning a single business.

The Group's net cash(1) as at the close of business on 5 January 2026 was
£67.0 million which includes the initial consideration for the Econsultancy
disposal.

(1) Net cash is the total of cash and cash equivalents and short-term
deposits.

Enquiries

Centaur Media
plc
investor.relations@centaurmedia.com

Martin Rowland, Executive
Chair
 
 

Simon Longfield, Chief Financial Officer

 

Singer Capital Markets -
Broker
020 7496 3000

Phil Davies
 
 
 

James Fischer

 

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