NOT
FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART,
DIRECTLY OR INDIRECTLY IN, INTO OR FROM ANY JURISDICTION WHERE TO
DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR
REGULATIONS OF SUCH JURISDICTION
THIS ANNOUNCEMENT IS AN ANNOUNCEMENT FALLING UNDER RULE 2.8 OF
THE CITY CODE ON TAKEOVERS AND MERGERS (THE
"CODE")
THIS ANNOUNCEMENT CONTAINS INSIDE
INFORMATION
FOR
IMMEDIATE RELEASE
7
May 2024
Statement of intention not to
make an offer for Centaur Media Plc
Following the statements on 10 April
2024 and 19 April 2024 by Centaur Media Plc (the "Company") in
which the Company announced that it had received a highly
preliminary expression of interest from WPEF IX Holding Coöperatief
W.A. ("WPEF") in relation to the proposed acquisition of the entire
issued, and to be issued, share capital of the Company, WPEF today
confirms that it does not intend to make an offer for Centaur Media
Plc.
This is a statement to which Rule
2.8 of the Code applies.
Under Note 2 on Rule 2.8 of the
Code, WPEF and any person(s) acting in concert with it reserve the
right to set aside the restrictions in Rule 2.8 of the Code in the
following circumstances:
a) with the
agreement of the board of the Company;
b) if a third
party announces a firm intention to make an offer for the
Company;
c) if the
Company announces a Rule 9 waiver proposal (see Note 1 of the Notes
on Dispensations from Rule 9 of the Code) or a reverse takeover (as
defined in the Code); and
d) if there has
been a material change of circumstances (as determined by the
Takeover Panel).
Important information
Pursuant to Rule 26.1 of the Code, a
copy of this announcement will be available, subject to certain restrictions relating to persons resident
in restricted jurisdictions, free of charge at
https://www.waterlandpe.com/no-intention-to-bid/ promptly following
its publication and in any event by no later than 12 noon (London
time) on the business day following the date of this announcement.
The content of the website referred to in this announcement is not
incorporated into and does not form part of this
announcement.
This announcement is not intended
to, and does not, constitute, represent or form part of any offer,
invitation or solicitation of an offer to purchase, otherwise
acquire, subscribe for, sell or otherwise dispose of any securities
or the solicitation of any vote or approval in any jurisdiction
whether pursuant to this announcement or otherwise.
The distribution of this
announcement in jurisdictions outside the UK may be restricted by
law and therefore persons into whose possession this announcement
comes should inform themselves about, and observe, such
restrictions. Any failure to comply with the restrictions may
constitute a violation of the securities law of any such
jurisdiction.