Business
Statement re Press Speculation
Statement re Press Speculation.
About this update from Next 15 Group Plc
[{"type":"text","content":"\n\n \n \n \n\n\nNOT 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.\n\n\nTHIS 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.\n\n\nNext 15 Group plc\n\n\n(\"Next 15\" or the \"Group\")\n\n\nStatement re Press Speculation\n\n\nThe 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.\n\n\nAs 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.\n\n\nAs such, the Group confirms it is in early-stage discussions regarding a potential sale of a selected number of its brands.\n\n\nThe 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.\n\n\nFurther updates will be provided as appropriate.\n\n\nThe person responsible for making this announcement on behalf of Next 15 is Mark Sanford, Company Secretary.\n\n\nEnquiries:\n\n\n\n\nNext 15 Group plc\n\n\n\n\nMickey Kalifa, Chief Financial Officer\n\n\n\n\n \n\n\n\n\n\n\n \n\n\n\n\n+44 (0)7584 236 999\n\n\n\n\n\n\n\n\nDeutsche Numis (Financial adviser, Nomad & Joint Broker)\n\n\n\n\nMark Lander\n\n\n\n\nHugo Rubinstein\n\n\n\n\nGeorge De Felice\n\n\n\n\n \n\n\n\n\n\n\n+ 44 (0)20 7260 1000\n\n\n\n\n\n\n\n\nBerenberg (Joint Broker)\n\n\n\n\nBen Wright\n\n\n\n\nMark Whitmore\n\n\n\n\n \n\n\n\n\n\n\n+44 (0)20 3207 7800\n\n\n\n\n\n\n\n\nBrunswick – for media enquiries\n\n\n\n\nPaul Durman\n\n\n\n\nBridie Barrett\n\n\n\n\nImran Jina\n\n\n\n\n \n\n\n\n\nMHP Group – for investor enquiries\n\n\n\n\nOliver Hughes\n\n\n\n\nEleni Menikou\n\n\n\n\nVeronica Farah\n\n\n\n\n\n\n+44 (0)7793 522824\n\n\n\n\n+44 (0)7443 8814...