REG-Next 15 Group plc Result of Court Hearing on Capital Reduction

Next 15Announcement

06/08/2025 15:00

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Result of Court Hearing on Capital Reduction

 

6 August 2025

Next 15 Group plc

(the "Company")

Result of Court Hearing on Capital Reduction

Next 15 Group plc (AIM: NFG), the tech and data-driven growth consultancy,
announces that the cancellation of the Company's share premium account (the
"Capital Reduction") was sanctioned yesterday by the High Court of Justice of
England and Wales (the "Court").

The Court order confirming the Capital Reduction and a statement of capital
approved by the Court in connection therewith has been sent to the Registrar
of Companies. The Capital Reduction will become effective upon the
registration of the Court order and associated statement of capital by the
Registrar of Companies. The Capital Reduction, when effective, will increase
the distributable reserves of the Company by £192,654,000.

Further information relating to the Capital Reduction is set out in the
Company's notice of Annual General Meeting published on 6 May 2025. The
Capital Reduction itself does not involve any distribution or repayment of
capital by the Company and does not change the total number of shares of the
Company in issue.

For further information contact:
 Next 15 Group plc                                               
 Sam Knights, Chief Executive Officer       +44 (0)7725 954 360  
 Mickey Kalifa, Chief Financial Officer     +44 (0)7584 236 999  
                                                                 
 Deutsche Numis (Nomad & Joint Broker)      +44 (0)20 7260 1000  
 Mark Lander                                                     
 Hugo Rubinstein                                                 
                                                                 
 Berenberg (Joint Broker)                   +44 (0)20 3207 7800  
 Ben Wright                                                      
 Mark Whitmore                                                   
                                                                 
 MHP (Investor Relations)                   +44 (0)7812 590 682  
 Oliver Hughes                                                   
 Eleni Menikou                                                   
 Veronica Farah                                                  


 



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Next 15 Group plc


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