1 Aug 2017 08:46
1 August 2017
Centaur Media Plc
("Centaur" or the "Group")
Completion of Disposal of Home Interest
Centaur Media Plc (LSE: CAU), the business to business ("B2B") information, insight and events group, is pleased to announce, further to the announcement on 7 July 2017, that the disposal of its business-to-consumer division, Home Interest, has now completed. As previously announced, the Group's proposed acquisition of MarketMakers Incorporated Limited is expected to complete on 4 August 2017.
Andria Vidler, Chief Executive, commented:
"This successful disposal is in line with Centaur's strategy of becoming a pure B2B business.
While Home Interest has been strengthened as part of Centaur, now is the right time for it to fulfil its potential under new ownership. We wish the management team every success."
Enquiries
Centaur Media Plc Andria Vidler, Chief Executive 0207 940 4000
Swag Mukerji, Chief Financial Officer
Tulchan Communications James Macey White 0207 353 4200
Will Smith
This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation which came into effect on 3 July 2016.
Centaur (CAU)