Centaur Share Price (CAU)

Response to media speculation

The Centaur Media Plc board of directors (the "Board") notes the recent media speculation in the Centaur Media Plc share price and confirms it has received a highly preliminary expression of interest from Waterland Private Equity Investments B.V. ("Waterland") in relation to the proposed acquisition of the entire issued, and to be issued, share capital of the Company.

Shareholders are advised that there can be no certainty that any offer will be made, nor as to the terms of any offer. The Board remains confident in the Company's growth strategy and its ability to maintain a competitive edge within the markets it operates.

Well Nige ????

100% agree. I'm surprised this hasn't already happened. Could be some surprise in next update?

Anyone reading this, SELL, 5p looms soon. !!! Only 20% of staff remaining and many profitable publications sold off for peanuts.

Perhaps this spooked the market: "The fall in high margin advertising revenues will result in a 2017 profit reduction which is expected to reverse in 2018 as the strategy to address the industry trend by monetising content and expertise materialises"