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Additional Listing

LONDON--(BUSINESSWIRE)--

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 98,084 new ordinary shares of 2.5 pence each in the Company (‘Ordinary Shares’) to be admitted to AIM.

The application is in respect of:

  • 43,576 Ordinary Shares expected to be issued as part of the deferred consideration payable under the terms of the acquisition by Next 15 of the entire issued share capital of Encore Digital Media Limited (“Encore”), the acquisition of the remaining 25% minority interest in Encore having been announced on 29 September 2017; and
  • 54,508 Ordinary Shares expected to be issued as consideration for the acquisition by a subsidiary of the Company of certain growth shares from management in connection with The M Booth & Associates LLC 2014 Equity Incentive Plan noted in the Company's financial statements for the period ending 31 January 2018.

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 18 April 2019.

Following the issue and allotment of the new Ordinary Shares as described above, the Company will have 84,777,921 Ordinary Shares in issue. No shares are held in treasury.

Enquiries:

Next Fifteen Communications Group plc
Nick Lee Morrison, General Counsel & Company Secretary
+44 (0) 20 7908 6444

Numis
Nick Westlake, Mark Lander, Hugo Rubinstein
+44 (0)20 7260 1000

View source version on businesswire.com: https://www.businesswire.com/news/home/20190415005503/en/

Contact

Next Fifteen Communications Plc