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Centaur Media PLC announced the launch of a tender offer on Friday, alongside its plans to delist from the London Stock Exchange. The London-based business consultancy group intends to re-register as a private limited company, it said. This is expected to take effect on April 24. This follows Centaur’s review of its business operations and strategy in late 2024 and early 2025, which concluded that the group should break up and sell its businesses to third parties. Centaur consequently disposed of four of its businesses in 2025, leaving Influencer Intelligence as its sole operating business unit, although it may also sell Influencer Intelligence in the future. The company said that following the business disposals, it has ‘accumulated a level of cash in excess of its foreseeable future investment needs.’ Its cash balance was £67.1 million at the close of business on Wednesday. Consequently, Centaur launched a tender offer to return up to £64.0 million to shareholders. It plans to repurchase up to 133.3 million ordinary shares at 48 pence each. Centaur Media’s stock was down 0.1% at 44.15p per share early on Friday afternoon in London. It said the tender price represents a premium of approximately 7.87% to the mid-market closing price on Wednesday. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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