Next Fifteen Communications Plc
Next Fifteen Communications Group plc
Additional Listing
Next Fifteen Communications Group plc ("Next Fifteen" or the "Company")
announces that 14,640 new ordinary shares of 2.5 pence each ("Ordinary Shares")
have been allotted. These shares are being issued as further consideration for
the acquisition of Panther Communications Limited ("Panther"), the parent
company of Lexis Public Relations Limited ("Lexis").
The Company originally announced it had acquired a 25% stake in Panther in
August 2005 and prior to this purchase this had increased to 76%. This latest
purchase will take its stake to 76.6%.
It is the intention of Next Fifteen to acquire the entire issued share capital
of Panther by 2010, and the sale and purchase agreement entered into in August
2005 provided for a number of purchases over time in order to achieve this.
Application has been made to the London Stock Exchange for the new Ordinary
Shares to be admitted to AIM and it is expected that admission will take place
on 6 November 2007.
Enquiries:
-0-
*T
Next Fifteen Communications Group
----------------------------------------------------------------------------------
David Dewhurst, Finance Director 020 8846 0771
----------------------------------------------------------------------------------
Landsbanki Securities (UK) Limited
----------------------------------------------------------------------------------
John Craven, Managing Director 020 7426 9564
Fred Walsh, Assistant Director 020 7426 3202
----------------------------------------------------------------------------------
*T
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.