Editor's Pick: Markets: The week that was (16-20/11/09)
(CAU.L) Centaur Media PLC Buy/Sell
Add to portfolio Set Alert Level 2 Desktop Trader
Summary
|
|
|||||||||||||||||||||||||||||||||||||||||||
|
|
|
||||||||||||||||||||||||||||||||||||||||||
| Date/Time | Headline | Source |
|---|---|---|
| 20-11-09 | HUG |
|
|
Director/PDMR Shareholding
SCHEDULE 11
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") 1. Name of company Centaur Media PLC 2. Name of Person Discharging Managerial Responsibilities Mr P Ponsford 3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest As 2 above 4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them (if notified) Yorkshire Building Society 5. Please state whether notification relates to a person(s) connected with the director/PDMR named in 2 above and identify the connected person(s) N/a 6. Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary Trustee purchase of Partnership Shares on behalf of the PDMR using deductions from the payroll under the terms of the Centaur Share Incentive Plan (an Inland Revenue approved Share Incentive Plan) on a monthly basis 7. Number of shares / amount of stock acquired 230 purchased Partnership Shares 8. Percentage of issued class 0.00016% 9. Number of shares/amount of stock disposed N/a 10. Percentage of issued class N/a 11. Class of security Ordinary Shares of 10p 12. Price per share £0.54 13. Date of transaction 19 November 2009 14. Date company informed 19 November 2009 15. Total holding following this notification 8192 16. Total percentage holding of issued class following this notification 0.00581% If a director or PDMR has been granted options by the company please complete the following boxes. 17. Date of grant (i) 29 September 2004 (ii) 29 October 2008 (iii) 30 April 2009 18. Period during which or date on which exercisable (i) 29 September 2007 to 29 September 2014 (ii) Following announcement of results to 30 June 2012 to 29 October 2018 (iii) 1 July 2012 19. Total amount paid (if any) for grant of the option (i) and (ii) and (iii) N/a 20. Description of shares or debentures involved: class, number (i) and (ii) and (iii) Ordinary Shares of 10p 21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise
22. Total number of shares or debentures over which options held following this notification 576,242 23. Any additional information 13 June 2006 - Awards made under Long Term Incentive Plan of 20,000 Ordinary Shares of 10p 26 April 2007 - Awards made under Long Term Incentive Plan of 30,000 Ordinary Shares of 10p 24. Name of contact and telephone number for queries Ian PH Roberts 0207 970 4514 25. Name and signature of authorised company official responsible for making this notification Ian PH Roberts Date of Notification 20 November 2009 The FSA does not give any express or implied warranty as to the accuracy of this document or material and does not accept any liability for error or omission. The FSA is not liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this document, or any material contained in it, or from any action or decision taken as a result of using this document or any such material.
---END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement. More |
||
| 20-11-09 | HUG |
|
|
Director/PDMR Shareholding
SCHEDULE 11
NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") 1. Name of company Centaur Media PLC 2. Name of Person Discharging Managerial Responsibilities Mrs E Child 3. Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest As 2 above 4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them (if notified) Yorkshire Building Society 5. Please state whether notification relates to a person(s) connected with the director/PDMR named in 2 above and identify the connected person(s) N/a 6. Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary Trustee purchase of Partnership Shares on behalf of the PDMR using deductions from the payroll under the terms of the Centaur Share Incentive Plan (an Inland Revenue approved Share Incentive Plan) on a monthly basis 7. Number of shares / amount of stock acquired 230 purchased Partnership Shares 8. Percentage of issued class 0.00016% 9. Number of shares/amount of stock disposed N/a 10. Percentage of issued class N/a 11. Class of security Ordinary Shares of 10p 12. Price per share £0.54 13. Date of transaction 19 November 2009 14. Date company informed 19 November 2009 15. Total holding following this notification 8192 16. Total percentage holding of issued class following this notification 0.00581% If a director or PDMR has been granted options by the company please complete the following boxes. 17. Date of grant (i) 29 September 2004 (ii) 29 October 2008 (iii) 30 April 2009 18. Period during which or date on which exercisable (i) 29 September 2007 to 29 September 2014 (ii) Following announcement of results to 30 June 2012 to 29 October 2018 (iii) 1 July 2012 19. Total amount paid (if any) for grant of the option (i) and (ii) and (iii) N/a 20. Description of shares or debentures involved: class, number (i) and (ii) and (iii) Ordinary Shares of 10p 21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at time of exercise
22. Total number of shares or debentures over which options held following this notification 571,869 23. Any additional information 13 June 2006 - Awards made under Long Term Incentive Plan of 20,000 Ordinary Shares of 10p 26 April 2007 - Awards made under Long Term Incentive Plan of 30,000 Ordinary Shares of 10p 24. Name of contact and telephone number for queries Ian PH Roberts 0207 970 4514 25. Name and signature of authorised company official responsible for making this notification Ian PH Roberts Date of Notification 20 November 2009 The FSA does not give any express or implied warranty as to the accuracy of this document or material and does not accept any liability for error or omission. The FSA is not liable for any damages (including, without limitation, damages for loss of business or loss of profits) arising in contract, tort or otherwise from the use of or inability to use this document, or any material contained in it, or from any action or decision taken as a result of using this document or any such material.
---END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement. More |
||
| 19-11-09 | HUG |
|
This news article is displayed preformatted as it may contain results tables
Interim Management Statement
19 November 2009
Centaur Media plc
('Centaur' or 'the Group')
INTERIM MANAGEMENT STATEMENT
Centaur Media plc, the specialist business publishing and information
group, today issues an interim management statement for the period
from 30 June 2009 to the date of this announcement, incorporating a
trading update for the four month period to 31 October 2009.
Overall trading performance
At the time of our preliminary results announcement on 17 September
2009 we reported some evidence of stabilisation in our markets and a
reduction in the rate of year-on-year revenue decline since the start
of the new financial year. Since that time we have seen a
continuation of this trend. In particular, average monthly
advertising revenues were approximately 10% ahead of the average
monthly level reported during January to June 2009, with both print
and online products delivering similar levels of recovery.
Nevertheless, due in part to the relative strength of revenues in the
prior year, the Group has experienced a 28% year-on year decline in
revenues during the four month period to 31 October 2009, this being
in line with the Board's expectations. This represents a slower rate
of decline than the 32% reduction experienced in the January to June
2009 period. This four month period includes the seasonally weaker
trading months of July and August. The stabilisation of revenues
referred to above has been more pronounced during September and
October, as reflected in the relative improvement in advertising
revenues from levels achieved in the six months to June 2009.
The Events portfolio, which is largely second half weighted, has also
had an encouraging start to the new financial year. The main
established exhibition staged during the four month period to 31
October 2009 was Employee Benefits Live, where revenues were strongly
ahead year-on-year. In addition, we had a successful launch of the
National Home Improvement Show ("NHIS") which replaced the London
Homebuilding Show. NHIS attracted 13,000 visitors to Earls Court in
early October 2009 and received positive exhibitor endorsement
through an 80% onsite re-book for next year's show. Meanwhile,
forward sponsorship bookings within the Group's conference portfolio
also showed some year-on-year improvement at 31 October 2009,
although delegate sales remained patchy.
The revenue reduction in the four month period to 31 October 2009
continued to be partly mitigated by the effect of cost savings
arising from initiatives completed in the last financial year. In
total Group costs in this period were 21% below the same period last
year with a further 3% reduction in Group headcount achieved since 30
June 2009 over the headcount reduction of 18% achieved in the
financial year to 30 June 2009.
There have been no material changes to trading conditions in the
period from 31 October 2009 to the date of this announcement.
Cash flow and balance sheet
The Group continues to maintain a strong balance sheet and although
working capital requirements are traditionally high at this stage in
our financial year, the Group's banking facilities, in place until
2012, adequately cover any short term borrowing requirements.
Fundamental strengths of Group unchanged
The continued investment through the downturn has resulted in a
strengthening of many fundamental aspects of the Group and this
presents an exceptional opportunity for growth as markets continue to
recover.
The fundamental strengths of the Group include:
* Market leading brands - we have increased the market share of our
major brands across our communities over the past year.
* Improved fixed cost base - as a result of initiatives completed
in the last financial year annualised Group expenditure has
reduced by around £12 million, a large proportion of which
represents a reduction in the fixed cost base of the business
that will contribute strongly to margin improvement as revenues
return.
* Strong organic growth record - new product development was
maintained through the downturn with a continuing strong pipeline
of new product initiatives including the development of our
online sales lead generation model (Pro-talk), further roll out
of our B2B online platform, workflow products at Perfect
Information and further new event launches.
* Strong balance sheet - beyond short term working capital funding
we remain debt free and the Group is well positioned to take
advantage of future investment and acquisition opportunities.
* Cyclical recovery - as in previous cycles the recovery is
expected to drive strong revenue growth for the Group, which
should attract a high level of marginal profitability enhanced by
the investments we have made in our online businesses.
* Experienced management - the strength of our management team is a
key success criterion in driving organic growth and identifying
relevant acquisition opportunities.
Rejection of unsolicited approach
On 20 October 2009, Centaur announced, in response to an announcement
the same day from Critical Information Group plc ("CIG"), that it had
received an unsolicited approach from CIG regarding a possible offer
for the Group which was conditional on, inter alia, financing and due
diligence.
The Board reviewed CIG's approach with its advisers, and, given the
fundamental strengths of the Group outlined above, had no hesitation
in concluding that their indicative proposal materially undervalued
Centaur and was not in the best interests of its shareholders.
Subsequently, on 12 November 2009, CIG announced that it did not wish
to proceed with an offer for the Group.
Board changes
On 22 October 2009, the Company announced that Graham Sherren
intended to step down as Chairman at the Company's Annual General
Meeting on 10 December 2009. He intends to remain on the Board as a
non-executive director for a further 12 months and will put himself
forward for election in that capacity at this year's AGM. The Board
has decided to appoint senior non-executive director, Patrick Taylor,
as Chairman and his re-election as a director will be proposed at the
AGM.
Outlook
In summary, while levels of forward visibility remain low, the Board
is confident that the Group is well positioned to take advantage of a
continued recovery with the prospect of a return to growth during
2010.
Enquiries:
Centaur Media plc Tel: 020 7970 4000
Geoff Wilmot, CEO; Mike Lally, GFD
Kreab Gavin Anderson Tel: 020 7554 1400
Robert Speed, Anthony Hughes
---END OF MESSAGE---
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
More |
||
| 13-11-09 | RNS |
|
|
RNS Number : 4740C Numis Securities Limited 13 November 2009
DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS
WITH RECOGNISED INTERMEDIARY STATUS
DEALING IN A CLIENT-SERVING CAPACITY (Rule 38.5(a) of the Takeover Code)
Name of exempt principal trader Numis Securities Limited
which the dealings being
disclosed relate (Note 1)
purchased
sold
NIL NIL NIL (b) Derivatives transactions (other than options)
(c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying
Product name, e.g. call option Number of securities Exercise price per unit (Note 3)
Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.
N/A
Name of offeree with which connected Centaur Media PLC
Notes The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk This information is provided by RNS The company news service from the London Stock Exchange END
EMMILFLILRLVLIA More |
||
| Date/Time | Subject | Author | ||
|---|---|---|---|---|
| 10-09-09 | ||||
|
| ||||
|
| ||||
|
Am I missing something with the price of this stock at the moment?
The stock price appears to be only about a third of its asset value. Surely this sould make it very undervalued! Any comments welcome. More | View thread (1) | Respond | Login to Vote up | Login to Vote down |
||||
| 18-08-09 | ||||
|
| ||||
|
| ||||
|
The trend of buys of £100 /£200 every 17minutes continued throughout the day - regular as clockwork until 16.13. I noticed one effect was that the Bid / Ask gap narrowed from 38.50 / 40.50 to 40.25 to 40.50. I half expected to see a decent Sell at the end of the day at 40.25 but this did not happen. Must be a reason for this pattern of constant small purchases. Anyone got an explanation?
More | View thread (2) | Respond | Login to Vote up | Login to Vote down |
||||
| 18-08-09 | ||||
|
| ||||
|
| ||||
|
Every 17 minutes, regular as clockwork, from 9.08 till now, 11.41, there has been a small buy, mostly between £100 and £200. Strange! Anyone got any ideas?
More | View thread (2) | Respond | Login to Vote up | Login to Vote down |
||||
| 18-09-08 | ||||
|
| ||||
|
| ||||
|
Pretty good numbers in a v tough environment from CAU this morning!!
Particularly impressive was - - on-line revenues 20% up & now 20% of total revenues. The business model is right! - good cash generation good - cash down by only £1.3m after £7.9m of share buy backs. More of the same please! - good control of costs in hard pressed divisions (mortgage & self-build). Despite the good performance an (obviously) fairly cautious forward statement will probably be seized upon as a reason to knock the price back in the v short term. Nevertheless I'm forecasting an sp of 75-80p at year end and 100p by this time next year. This, plus 4.5p of dividends, will give an 80%+ 12 month return. More | View thread (1) | Respond | Login to Vote up | Login to Vote down |
||||
They have not been approved or issued by Interactive Investor Trading Limited.
Discussion Board Terms & Conditions FSA Market Abuse Fact Sheet
More...