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FCA grants temporary modification to free float

14 Oct 2020 07:00

RNS Number : 9854B
Centaur Media PLC
14 October 2020
 

14 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.

 

 

 

Enquiries

Teneo

Paul Durman +44 7793 522824

Matthew Thomlinson +44 7785 528363

 

 

Note to editors

 

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