Statement Re: Centaur Media Plc PUSU


 

TIDMCAU TIDMCIG 
 
RNS Number : 0194C 
Takeover Panel 
05 November 2009 
 

                                                             2009/26 
 
 
CENTAUR MEDIA PLC ("CENTAUR") 
 
 
Critical Information Group Plc ("Critical Information") 
 
 
 
 
Following recent representations made by the advisers to Centaur, the Panel 
Executive has been considering the application of Rule 2.4(b) of the Code to the 
announcement made by Critical Information, on 20 October 2009, in which it 
confirmed that it had made an approach to Centaur that may lead to an offer for 
Centaur. Following discussions with both parties' advisers, the Panel Executive 
has ruled that, unless the Panel Executive consents otherwise, Critical 
Information must, by 5.00 p.m. on 7 December 2009, either announce a firm 
intention to make an offer for Centaur under Rule 2.5 of the Code or announce 
that it does not intend to make an offer for Centaur. In the event that Critical 
Information announces that it does not intend to make an offer for Centaur, 
Critical Information and any person(s) 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 November 2009 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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