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16 Apr 2021 12:57
16 April 2021
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 616,446 new ordinary shares of 2.5 pence each in the Company (‘Ordinary Shares’) to be admitted to AIM.
An application was made in respect of:
140,896 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 Activate Marketing Services LLC, having been announced on 1 November 2018;
262,442 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 2021; and
213,108 Ordinary Shares expected to be issued as consideration for the acquisition by the Company of certain growth shares from management in connection with the Twogether Creative Limited 'growth share' management equity incentive plan noted in the Company's financial statements for the period ending 31 January 2021.
These 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 by 20 April 2021.
Following the issue and allotment of these new Ordinary Shares as described above, the Company will have 92,385,989 Ordinary Shares in issue. No shares are held in treasury.
Enquiries:
Next Fifteen Communications Group plcMark Sanford, General Counsel & Company Secretary+44 (0) 7590 928794
NumisMark Lander, Hugo Rubinstein+44 (0)20 7260 1000
View source version on businesswire.com: https://www.businesswire.com/news/home/20210416005285/en/
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