Next Fifteen Communications Plc
Next Fifteen Communications Group plc
07 April 2008
Additional Listing
Next Fifteen Communications Group plc ("Next Fifteen" or the "Company")
announces that 546,225 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 Group 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 this was subsequently increased to 76.6%. This latest purchase
will take its stake to 87.15%.
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 11th April 2008.
Enquiries:
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Next Fifteen Communications Group plc
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
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