Next Fifteen Communications Grp PLC
17 May 2006
NEXT FIFTEEN COMMUNICATIONS GROUP PLC
Tom Lewis to Step Down as Non-Executive Director
Next Fifteen Communications Group Plc ("Next Fifteen" or the "Group") today
announces that Tom Lewis, a Non-Executive Director and one of the Group's
co-founders, is stepping down from the Board with effect from July 31st 2006,
the Group's year end. He is stepping down in order to devote himself fully to
his substantial agricultural interests at Tenterden in Kent, having been with
the Group for 25 years.
Tom Lewis established Next Fifteen in 1981 with co-founder Mark Adams. He has
been a Non-Executive Director of the Group since January 2004. He was Chief
Executive until 1991 when current Chief Executive, Tim Dyson took over the role,
and then Executive Chairman until January 2004 until Will Whitehorn was
appointed as Non-Executive Chairman.
Following Tom's departure from the Board, approximately 33% of the Group's
equity will be held by the Board and employees (including 4,736,788 shares held
in the Next Fifteen Employee Trust). Next Fifteen is not seeking an immediate
replacement for Tom Lewis.
Next Fifteen's CEO Tim Dyson said: "I would like to thank Tom for his
significant contribution to this business over the last quarter century. His
input has helped build the global business we have today."
- Ends -
Enquiries:
Next Fifteen Communications Group
Tim Dyson, Chief Executive 001 415 350 2801
David Dewhurst, Finance Director 07974 161 183
Merlin 020 7653 6620
Vanessa Maydon 07802 961 902
Rebecca Penney 07795 108 178
This information is provided by RNS
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