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Next Fifteen Comm (NFC)

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Tuesday 07 July, 2020

Next Fifteen Comm

Director/PDMR Shareholding

Director/PDMR Shareholding

Next Fifteen Communications Plc

 

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 Friday 3 July 2020 the following transactions were made by the directors of Next 15 in the Ordinary shares of 2.5p each of the Company (“Ordinary Shares”):

Tim Dyson, Chief Executive Officer of the Company, received 74,404 Ordinary Shares at nil cost following the vesting of performance shares awarded on 2 May 2017 under the Next Fifteen Communications Group plc Long-Term Incentive Plan.

Peter Harris, Chief Financial Officer of the Company, received 34,487 Ordinary Shares at nil cost following the vesting of performance shares awarded on 2 May 2017 under the Next Fifteen Communications Group plc Long-Term Incentive.

On the same day, following the above transactions:

Tim Dyson, Chief Executive Officer of the Company, sold 74,404 Ordinary Shares received following vesting the LTIP award above in London at a price of 365p per share. Following this transaction, Mr. Dyson continues to have an interest in a total of 5,077,997 Ordinary Shares, representing approximately 5.6% of the Company’s issued share capital.

Peter Harris, Chief Financial Officer of the Company, sold 17,244 of the 34,487 Ordinary Shares received following vesting the LTIP award above in London at a price of 365p per share in order to satisfy the tax liability arising on vesting of that award. Following this transaction, Mr. Harris now has an interest in a total of 371,565 Ordinary Shares, representing approximately 0.4% of the Company’s issued share capital.

Following the completion of the transactions described above, the Company will have 89,961,444 Ordinary Shares in issue. No shares are held in treasury.

Enquiries:

Next Fifteen Communications Group plc

Nick Lee Morrison, General Counsel and Company Secretary

+44 (0) 20 7908 6444

Numis

Nick Westlake, Mark Lander, Hugo Rubinstein

+44 (0)20 7260 1000

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 vesting under the Next Fifteen Communication Group PLC Long Term Incentive Plan, for nil consideration

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

£nil

74,404

 

 

d)

Aggregated information

Aggregated volume Price

Vesting of 74,404 Ordinary Shares at nil cost.

 

e)

Date of the transaction

03 July 2020

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)

Volume(s)

 

 

 

£3.65

74,404

d)

Aggregated information

Aggregated volume Price

74,404 Ordinary Shares were sold at £3.65 with an aggregated volume price of £271,574.60.

e)

Date of the transaction

03 July 2020

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 vesting under the Next Fifteen Communication Group PLC Long Term Incentive Plan, for nil consideration.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

£nil

34,487

d)

Aggregated information

Aggregated volume Price

Vesting of 34,487 Ordinary Shares at nil cost.

 

e)

Date of the transaction

03 July 2020

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)

Volume(s)

 

 

£3.65

17,244

d)

Aggregated information

Aggregated volume Price

17,244 Ordinary Shares were sold at £3.65 with an aggregated volume price of £62,940.60.

e)

Date of the transaction

03 July 2020

f)

Place of the transaction

London Stock Exchange (AIM)

 


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