8 April 2016

Centaur Media Plc

(the "Company")

The announcement released on 31 March 2016 at 17:43 under RNS No 7952T has been amended so that the reference to 1 January 2015 in the announcement has been deleted and replaced with 1 January 2016, and each reference to 31 December 2017 in the announcement has been deleted and replaced with a reference to 31 December 2018.

All other details remain unchanged.

The full amended text is shown below.

DIRECTOR AND PDMR SHAREHOLDINGS

Notification of awards under the Centaur Long Term Incentive Plan 2006 (the "LTIP")

The Company was notified on 31 March 2016 that on 30 March 2016 the following Directors and PDMRs were granted awards over 10p ordinary shares in the capital of Centaur Media Plc under the LTIP as follows:

No consideration was paid for the grants of the awards.

The awards are structured as nil cost options and will normally vest on 30 March 2019 (the "Vesting Date"), subject to each award holder's continued employment and the satisfaction of the performance conditions. 

One half of the LTIP award is subject to absolute earnings per share ("EPS") performance condition which will be measured over the year ending 31 December 2018. 25% of this part of an award will vest for EPS of 6.5 pence for the year ending 31 December 2018 increasing pro-rata to 100% vesting for EPS of 10.5 pence or more for the year ending 31 December 2018.

The other half of the LTIP award is subject to a relative total shareholder return ("TSR") performance condition (with a financial underpin), measured against the constituents of the FTSE SmallCap (excluding investment trusts). 25% of this part of an award will vest for median TSR increasing pro-rata to 100% vesting for upper quartile TSR over the period from 1 January 2016 to 31 December 2018.

Vested awards shall normally remain exercisable during the period of six months starting on the Vesting Date.

Following the grant of the LTIP awards to the Directors and PDMRs on 30 March 2016, their holdings in the Company are as follows:

For the purposes of DTR 3.1.3, the above transactions took place in the United Kingdom.

This notification is made in accordance with DTR 3.1.4 of the Disclosure and Transparency Rules.

Name of contact and authorised company official responsible for making this notification:

Grainne Brankin

Company Secretary

020 7970 4000