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Statement re Press Speculation
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO,
OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE MARKET
ABUSE REGULATION (EU NO. 596/2014) AS IT FORMS PART OF UK DOMESTIC LAW BY
VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018.
Next 15 Group plc
("Next 15" or the "Group")
Statement re Press Speculation
The Board of Next 15, the tech and data-driven growth consultancy, notes the
recent media speculation regarding a potential disposal of a selected number
of its brands.
As stated in the Group’s reporting over the past year, Next 15 has sought to
simplify and strengthen the business. The Group also continually appraises
performance and actively considers options to accelerate value creation across
the Group’s business units as well as enhancing the delivery of the
Group’s commercial and strategic objectives.
As such, the Group confirms it is in early-stage discussions regarding a
potential sale of a selected number of its brands.
The Board’s primary focus is maximising shareholder value. At this time,
there can be no certainty that any agreement will be reached, nor as to the
terms of any such agreement, including if sufficient value is not realised.
Further updates will be provided as appropriate.
The person responsible for making this announcement on behalf of Next 15 is
Mark Sanford, Company Secretary.
Enquiries:
Next 15 Group plc
Mickey Kalifa, Chief Financial Officer
+44 (0)7584 236 999
Deutsche Numis (Financial adviser, Nomad & Joint Broker) + 44 (0)20 7260 1000
Mark Lander
Hugo Rubinstein
George De Felice
Berenberg (Joint Broker) +44 (0)20 3207 7800
Ben Wright
Mark Whitmore
Brunswick – for media enquiries +44 (0)7793 522824
Paul Durman
+44 (0)7443 881428
Bridie Barrett
+44 (0)7587 037076
Imran Jina
MHP Group – for investor enquiries
+44 (0)7885 224532
Oliver Hughes
+44 (0)7701 308818
Eleni Menikou
Veronica Farah
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Next 15 Group plc
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