Statement regarding Centaur Media plc
12 Noviembre 2009 - 4:05AM
UK Regulatory
TIDMCIG TIDMCAU
RNS Number : 4012C
Critical Information Group
12 November 2009
12 November 2009
Critical Information Group plc ("CIG" or the "Company")
Statement regarding Centaur Media plc ("Centaur")
On 20 October 2009, Critical Information Group plc (LSE-AIM: CIG) announced that
on 17 September 2009 it had made an approach to Centaur to acquire the entire
issued and to be issued share capital of Centaur, which was subsequently
rejected by the Centaur board.
The Board and its advisers have reviewed the current situation and circumstances
in respect of its approach to Centaur and the Board has concluded that it does
not wish to proceed with an offer.
CIG's investment strategy remains to acquire public or private media companies
and businesses which have the potential for operational improvement and would
generate long term shareholder value though further consolidation.
For the purposes of Rule 2.8 of the Code, CIG reserves the right to make or
participate in an offer for Centaur, and/or take any other action which would
otherwise be restricted under Rule 2.8 of the Code, within the next six months
following the date of this announcement:
* with the agreement or recommendation from the board of Centaur;
* following the announcement of an offer by a third party for Centaur;
* following the announcement by or on behalf of Centaur of a "whitewash"
proposal (as described in Note 1 of the Notes on Dispensations from Rule 9 of
the Code) or a reverse takeover (as set out in Note 2 on Rule 3.2 of the Code);
or
* if there is a material change of circumstances.
Enquiries:
+-----------------------------------------------------+--------------------+
| Critical Information Group plc | +44 (0)20 8906 |
| David Smith / Tony Foye | 6707 |
+-----------------------------------------------------+--------------------+
| Singer Capital Markets Limited | +44 (0)20 3205 |
| James Maxwell / Richard Savage | 7500 |
+-----------------------------------------------------+--------------------+
| Financial Dynamics | +44 (0)20 7831 |
| Charlie Palmer / Matt Dixon / Emma Appleton | 3113 |
+-----------------------------------------------------+--------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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