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CAU Centaur Media Plc

39.50
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Centaur Media Plc LSE:CAU London Ordinary Share GB0034291418 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 39.50 38.00 41.00 39.50 39.50 39.50 0.00 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Periodical:pubg,pubg & Print 41.59M 2.8M 0.0195 20.26 56.65M

Centaur Media PLC Centaur completes disposal of HR business (6517X)

01/05/2019 7:00am

UK Regulatory


Centaur Media (LSE:CAU)
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TIDMCAU

RNS Number : 6517X

Centaur Media PLC

01 May 2019

1 May 2019

Centaur Media Plc

Centaur completes disposal of HR business to DVV Media International

Centaur Media Plc ("Centaur" or the "Group"), an international provider of business information and specialist consultancy, announces that yesterday it completed the sale of Centaur Human Resources Limited ("CHR").

CHR, whose brands include Employee Benefits Live, Employee Benefits Connect and the Forum for Expatriate Management, has been bought by DVV Media International Limited, for a cash consideration of GBP5m (subject to customary post-completion adjustments).

The disposal is part of the divestment process that began last October after Centaur concluded a strategic review and decided to focus on its leading brands to improve operational execution. The Group has also sold its financial services business for GBP5m.

Discussions about other assets are continuing and Centaur expects to make further announcements in due course. As previously disclosed, Centaur will consider the best use for the sale proceeds once the divestment process is complete.

Enquiries

Centaur Media Plc

 
 Andria Vidler, Chief Executive 
  Officer                          020 7970 4000 
 Swag Mukerji, Chief Financial 
  Officer 
 
 Teneo 
 Paul Durman/Rebecca Hislaire      020 7420 3144 
 

Note to editors

Centaur

Centaur is an international provider of business information and specialist consultancy that inspires and enables people to excel at what they do, raising the standard for insight, interaction and impact.

Leading brands include: Econsultancy, Marketing Week, Festival of Marketing, MarketMakers, Creative Review, Influencer Intelligence, Fashion & Beauty Monitor, The Lawyer and Oystercatchers.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DISWGUPACUPBGMU

(END) Dow Jones Newswires

May 01, 2019 02:00 ET (06:00 GMT)

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