Next 15 Group Regulatory News (NFG)

30 Jan 2025 07:00

30 January 2025

Next 15 Group plc (“Next 15” or the “Group”)

Board changes

CFO steps down, new Non-Executive Director appointed

Next 15 Group plc, the tech and data-driven growth consultancy, today announces that after 11 years, the Group’s Chief Financial Officer, Peter Harris, has informed the Board of his intention to step down from the Board and from his role as CFO at Next 15.

Peter has a six-month notice period and has committed to continue to perform his duties and fully support the Board and executive team in executing the Group's strategy during this period of transition. The Board has initiated the search for a successor and will provide an update when this process has concluded. Peter’s deputy, Katie Smith, will also continue to play a prominent role to ensure a smooth transition.

Penny Ladkin-Brand, Chair of Next 15, commented: “On behalf of the Board and all of our colleagues at Next 15, I would like to thank Peter for his service and significant contribution to Next 15 over the last 11 years. Peter’s financial leadership and counsel has been instrumental in shaping our growth and creating the platform that we have today. It has been a pleasure working with Peter and we wish him the very best for the future.”

Tim Dyson, CEO of Next 15 commented: “I would like to thank Peter for his massive contribution to the business over more than a decade. He’s been critical to our M&A strategy and has played a key part in helping us grow the business without losing its core values and culture. Peter will be missed when he leaves later this year.”

Peter Harris, CFO Next 15 commented: “The last eleven years for me at Next 15 has been an incredible journey as we have invested behind some amazing entrepreneurial talent and helped them maximise their potential. I now feel it is the right time for me to hand the baton over to the next generation following a smooth and orderly succession.”

Additional Non-Executive Director

Mark Astaire has today been appointed as a non-executive director to join the Board on 1 February 2025. Mark brings over 35 years of investment banking experience to the Board having held a number of senior leadership positions including Chairman of Corporate Broking at Barclays and Head of Corporate Broking at Bank of America Merrill Lynch. Mark was also a member of the Takeover Panel. Mark now has a number of non-executive and adviser roles including being a non-executive director at Cavendish Financial plc, a member of the Sky News Board, and is a senior adviser to Brunswick Group.

On behalf of the Board, Penny Ladkin-Brand, Chairman said: “Mark is an excellent addition to the Board and I look forward to working with him. He brings with him a wide range of experience which will be immensely valuable as Next 15 continues to evolve.”

Further information relating to Mark as required to be disclosed under the AIM Rules for Companies is set out below.

For further information contact:

Next 15 Group plcTim Dyson, Chief Executive Officer+1 415 350 2801Peter Harris, Chief Financial Officer+44 (0) 20 7908 6444

Deutsche Numis (Nomad & Joint Broker)Mark Lander, Hugo Rubinstein+44 (0)20 7260 1000

Berenberg (Joint Broker)Ben Wright, Mark Whitmore+44 (0)20 3207 7800

MHP (Investor Relations)Simon Evans, Eleni Menikou, Veronica FarahNext15@mhpgroup.com +44 (0)7812 590 682

Further regulatory disclosures:

Other than as disclosed below, there are no further disclosures to be made in accordance with AIM Rule 17 and paragraph (g) of Schedule Two of the AIM Rules for Companies:

Mark Astaire

Mark Astaire, age 65, is, or has been, a director or partner of the following companies or partnerships during the previous five years:

Current

Cavendish Financial plc

Sky News

The Holburne Museum Trust Company (Trustee of the Charity)

The Wendover Foundation (Trustee of the Charity)

Goodwinds II Trust (Protector)

Previous

Breast Cancer Now (Director and Trustee of the Charity)

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