Centaur Media plc
Incorporated in England and Wales
Registration number: 04948078
LEI: 2138005WK87G7DQRQI62
ISIN: GB0034291418
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, IN JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
FOR IMMEDIATE RELEASE
8 October 2025
Centaur Media Plc
("Centaur" or the "Group")
Sale of The Lawyer
The Board of Centaur is pleased to confirm that, further to the announcement on 11 September 2025 (the "Disposal Announcement"), Centaur has completed the sale of Thelawyer.com Limited, comprising the trade and assets of The Lawyer to Lighthouse Bidco Limited, the parent company of Legal Benchmarking Limited, for an enterprise value of £43 million (the "Transaction"). For the purposes of UKLR 7.3.3, the Company confirms that there has been no material change affecting any matter contained in the Disposal Announcement.
As at the time of this announcement, following receipt of the disposal funds from the Transaction, the Group had net cash 1 of £69.8m.
Use of Proceeds
It is the Board's intention to use the proceeds from the Transaction, and previously announced disposals, to return capital to shareholders and will consult shareholders on the approach to this before the end of the financial year. The quantum, timing and form of any such return of capital shall be at the discretion of the Board and further details will be announced in due course.
1 Net cash is the total of cash and cash equivalents and short-term deposits.
Enquiries
Centaur Media plc
Martin Rowland, Executive Chair 020 7970 4000
Simon Longfield, Chief Financial Officer
Singer Capital Markets - Broker
Phil Davies 020 7496 3000
James Fischer