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Statement Re: Centaur Media Plc PUSU

5 Nov 2009 09:50

RNS Number : 0194C
Takeover Panel
05 November 2009
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2009/26

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CENTAUR MEDIAย PLCย ("CENTAUR")

Critical Information Group Plcย ("Critical Information")

Following recent representations made by the advisersย toย Centaur, the Panel Executive has been considering the application of Rule 2.4(b) of the Code to theย announcement made byย Critical Information, onย 20 Octoberย 2009,ย inย which it confirmed that itย hadย made an approach to Centaurย that may lead to an offer forย Centaur. Following discussions withย bothย parties' advisers, the Panel Executive has ruled that, unless the Panel Executive consents otherwise,ย Critical Informationย must, byย 5.00ย p.m.ย onย 7 Decemberย 2009, either announce a firm intention to make an offer forย Centaurย under Rule 2.5 of the Code or announce that it does not intend to make an offer forย Centaur. In the event thatย Critical Informationย announces that it does not intend to make an offer forย Centaur,ย Critical Informationย and any person(s)ย acting in concert with it will, except with the consent of the Panel Executive, be bound by the restrictions contained in Rule 2.8 of the Code for six months from the date of such announcement.

Each of the parties has accepted this ruling.

5 Novemberย 2009

This information is provided by RNS
The company news service from the London Stock Exchange
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END
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