Centaur Media PLC Directorate Change

RNS Number : 5447X

Centaur Media PLC

24 July 2024

 

24 July 2024

 

Centaur Media Plc

 

Directorate Change

 

Centaur Media Plc ("Centaur" or "the Group") today announces that after six years as a Non-executive Director, and the last five as Centaur Chair, Colin Jones has informed the Board that he does not intend to extend his appointment as Chair when his current three-year term expires on 1 September 2024. A search for a new Chair is underway and, in order to ensure an orderly handover, Colin will remain in his role until a new Chair has been appointed, and his Letter of Appointment will be extended accordingly.

 

William Eccleshare, Senior Independent Director: "On behalf of the Board, I would like to thank Colin for his extensive contribution and service during his tenure, which has successfully tracked Centaur's development from a legacy media business to an international provider of business intelligence and learning. He has overseen this important transition for the Company, helping to lay its strong foundations for the future and we wish him the very best."

 

Colin Jones, Chair of the Board: "It has been a privilege to fulfil my role as Chair at Centaur and I would like to commend Centaur's management, employees and shareholders for their dedication and support throughout the successful completion of the Group's MAP23 strategy. The business is now well-positioned to achieve its new BIG27 strategy, a clear and detailed roadmap to leverage the strength of its brands to deliver accelerated revenue growth.  I am confident that Centaur's strong balance sheet and reliable cash generation will support its plans for continued investment in the high growth areas of its business."

 

In accordance with Listing Rule 9.6.12, we will announce the effective date of Colin's resignation when it is known.

 

This announcement is made in accordance with Listing Rule 9.6.11.

 

Enquiries

Centaur Media plc

Swag Mukerji, Chief Executive Officer                                                                    020 7970 4000

Simon Longfield, Chief Financial Officer

 

Teneo

Zoë Watt / Oliver Bell                                                                     07713 157561 / 07917 221748

 

Note to editors

Centaur is an international provider of business intelligence and learning that inspires and enables people to excel at what they do within the marketing and legal professions.

BIG27 is Centaur's four-year strategy to Build, Invest and Grow as more fully described in its Capital Markets Day in April 2024: Research | Centaur Media PLC.

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