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Spread: 2.00 (0.734%)
Market Cap: £278.33m
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Statement re update on press speculation

5 Nov 2025 18:24

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE MARKET ABUSE REGULATION (EU NO. 596/2014) AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018.

5 November 2025

Next 15 Group plc

("Next 15" or the "Company")

Update on press speculation

Further to our announcement on 4 November and recent press speculation, the Board of Next 15 confirms that it has now terminated discussions with Epiris in relation to the potential acquisition of a selected number of its brands. As noted in our previous announcement, the Company will only consider disposals where the valuation adequately reflects the strengths and prospects of those businesses.

The Group is trading in line with expectations and is well-positioned to capitalise on evolving market opportunities to deliver lasting value for all stakeholders.

For further information contact:

Next 15 Group plc (via MHP)Sam Knights, Chief Executive OfficerMickey Kalifa, Chief Financial Officer

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

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

MHP

Oliver Hughes, Eleni Menikou, Veronica FarahNext15@mhpgroup.com +44 (0)7885 224 532 / +44 (0)7701 308 818

View source version on businesswire.com: https://www.businesswire.com/news/home/20251105589353/en/

Copyright Business Wire 2025

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