Director/PDMR Shareholding

Director/PDMR Shareholding

Next Fifteen Communications Plc

5 April 2019

Next Fifteen Communications Group plc

(“Next 15” or the “Company”)

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

The Company announces that on Thursday 4 April 2019 the following transactions were made by the directors of Next 15 in the Ordinary shares of 2.5p each of the Company (“Ordinary Shares”):

Mr Tim Dyson, Chief Executive Officer of the Company, received 211,950 Ordinary Shares at nil cost following the vesting of performance shares awarded on 17 October 2016 under the Next Fifteen Communications Group plc Long-Term Incentive Plan and a Mirror Award Agreement entered into on the same date.

Mr Peter Harris, Chief Financial Officer of the Company, received 211,950 Ordinary Shares at nil cost following the vesting of performance shares awarded on 17 October 2016 under the Next Fifteen Communications Group plc Long-Term Incentive Plan and a Mirror Award Agreement entered into on the same date.

On the same day, following the above transactions:

Mr Tim Dyson, Chief Executive Officer of the Company, sold 211,950 Ordinary Shares received following vesting the LTIP award above in London at a price of 520p per share. Following this transaction, Mr. Dyson is interested in a total of 5,077,997 Ordinary Shares, representing approximately 6.00 % of the Company’s issued share capital.

Mr Peter Harris, Chief Financial Officer of the Company, today sold 100,000 of the 211,950 Ordinary Shares received following vesting the LTIP award above in London at a price of 520p per share in order to satisfy the tax liability arising on vesting of that award. Following this transaction, Mr. Harris is interested in a total of 354,322 Ordinary Shares, representing approximately 0.42% of the Company’s issued share capital.

Following the completion of the transactions described above, the Company will have 84,679,837 Ordinary Shares in issue. No shares are held in treasury.

Enquiries:

Next Fifteen Communications Group plc
Nick Lee Morrison, General Counsel and Company Secretary
[phone]

Numis
Nick Westlake, Mark Lander, Hugo Rubinstein
[phone]

The notifications set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.

1.		Details of PDMR / person closely associated with them ("PCA")
a)		Name		Tim Dyson
2. Reason for the notification
a)		Position/ status		Chief Executive Officer
b)		Initial notification / amendment		Initial notification
3.		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name		Next Fifteen Group Communications PLC
b)		LEI:		213800BK9MBUZUUPMZ63
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where the transactions have been conducted.
a)		Description of the financial instrument		Ordinary Shares of 2.5p ISIN: GB0030026057
b)		Nature of the transaction		Acquisition of Ordinary Shares pursuant to vestings under the Next Fifteen Communication Group PLC Long Term Incentive Plan and 2016 Mirror Award Agreement, for nil consideration
c)		Price(s) and volume(s)		Price(s) £nil Volume(s) 211,950
d)		Aggregated information Aggregated volume Price		Vesting of 211,950 Ordinary Shares at nil cost.
e)		Date of the transaction		04 April 2019
f)		Place of the transaction		Outside a trading venue.

1.		Details of PDMR / person closely associated with them ("PCA")
a)		Name		Tim Dyson
2. Reason for the notification
a)		Position/ status		Chief Executive Officer
b)		Initial notification / amendment		Initial notification
3.		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name		Next Fifteen Group Communications PLC
b)		LEI:		213800BK9MBUZUUPMZ63
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where the transactions have been conducted.
a)		Description of the financial instrument		Ordinary Shares of 2.5p ISIN: GB0030026057
b)		Nature of the transaction		Sale of Ordinary Shares
c)		Price(s) and volume(s)		Price(s) £5.20 Volume(s) 211,950
d)		Aggregated information Aggregated volume Price		211,950 Ordinary Shares were sold at £5.20 with an aggregated volume price of £1,102,140.
e)		Date of the transaction		04 April 2019
f)		Place of the transaction		London Stock Exchange (AIM)

1.		Details of PDMR / person closely associated with them ("PCA")
a)		Name		Peter Harris
2. Reason for the notification
a)		Position/ status		Chief Financial Officer
b)		Initial notification / amendment		Initial notification
3.		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name		Next Fifteen Group Communications PLC
b)		LEI:		213800BK9MBUZUUPMZ63
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where the transactions have been conducted.
a)		Description of the financial instrument		Ordinary Shares of 2.5p ISIN: GB0030026057
b)		Nature of the transaction		Acquisition of Ordinary Shares pursuant to vestings under the Next Fifteen Communication Group PLC Long Term Incentive Plan and 2016 Mirror Award Agreement, for nil consideration.
c)		Price(s) and volume(s)		Price(s) £nil Volume(s) 211,950
d)		Aggregated information Aggregated volume Price		Vesting of 211,950 Ordinary Shares at nil cost.
e)		Date of the transaction		04 April 2019
f)		Place of the transaction		Outside a trading venue.

1.		Details of PDMR / person closely associated with them ("PCA")
a)		Name		Peter Harris
2. Reason for the notification
a)		Position/ status		Chief Financial Officer
b)		Initial notification / amendment		Initial notification
3.		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name		Next Fifteen Group Communications PLC
b)		LEI:		213800BK9MBUZUUPMZ63
4		Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where the transactions have been conducted.
a)		Description of the financial instrument		Ordinary Shares of 2.5p ISIN: GB0030026057
b)		Nature of the transaction		Sale of Ordinary Shares
c)		Price(s) and volume(s)		Price(s) £5.20 Volume(s) 100,000
d)		Aggregated information Aggregated volume Price		100,0000 Ordinary Shares were sold at £5.20 with an aggregated volume price of £520,000.
e)		Date of the transaction		04 April 2019
f)		Place of the transaction		London Stock Exchange (AIM)

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