Treasury Stock
Next Fifteen Communications Plc
14 November 2011
Next Fifteen Communications Group plc
(“Next Fifteen†or the “Companyâ€)
Transfer of Treasury Shares and Issue of Equity
Next Fifteen announces that, in order to satisfy the vesting criteria under the Group’s Long-Term Incentive Plan, it has today transferred from Treasury 992,508 of its Ordinary Shares of 2.5p each (“Ordinary Sharesâ€) and applied for the admission of 33,290 new ordinary shares of 2.5p each (“New Ordinary Sharesâ€) to trading on AIM.
It is expected that dealings in these New Ordinary Shares, which will rank pari passu in all respects with the existing ordinary shares of the Company, will commence on 18 November 2011.
Following these transactions, there are no more shares held in Treasury and 57,434,392 Ordinary Shares in issue.
Enquiries:
Next Fifteen Communications Group plc | Â | |
Tim Dyson, Chief Executive | +1 415 350 2801 | |
David Dewhurst, Finance Director | +44 (0)20 8846 0771 | |
Canaccord Genuity Limited |
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Henry Fitzgerald O’Connor | ||
Filip Bavenholm | +44 (0)20 7050 6500 |