Next Fifteen Communications : Additional Listing

LONDON--(BUSINESS WIRE)--

Next Fifteen Communications Group plc

('Next 15' or the 'Company')

Additional Listing

Next Fifteen Communications Group plc announces that application has been made to the London Stock Exchange for 82,699 new ordinary shares of 2.5 pence each in the Company ('Ordinary Shares') to be admitted to AIM.

The application is in respect of Ordinary Shares expected to be issued as consideration for the acquisition by the Company of certain growth shares from management in connection with the Savanta Group Limited (formerly MIG Global Limited) 'growth share' management equity incentive plan noted in the Company's financial statements for the period ending 31 January 2019. The new Ordinary Shares will, upon issue, rank pari passu with the existing ordinary share capital of the Company. It is expected that admission will become effective on 10 September 2019.

Following the issue and allotment of the new Ordinary Shares as described above, the Company will have 85,343,964 Ordinary Shares in issue. No shares are held in treasury.

Enquiries:

Next Fifteen Communications Group plc
Nick Lee Morrison, General Counsel & Company Secretary
[phone]

Numis
Nick Westlake, Mark Lander, Hugo Rubinstein
[phone]

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Next Fifteen Communications Plc

Source: Next Fifteen Comm