Director/PDMR Shareholding

LONDON--()-- 

19 April 2021

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 19 April 2021, 113,425 ordinary shares of 2.5p each of the Company (“Ordinary Shares”) were issued pursuant to the Company’s existing blocklisting, of which the following transactions were made by the directors of Next 15:

Tim Dyson, Chief Executive Officer of the Company, received 57,531 Ordinary Shares at nil cost following the vesting of performance shares awarded on 10 April 2018 under the Next Fifteen Communications Group plc Long-Term Incentive Plan.

Peter Harris, Chief Financial Officer of the Company, received 29,124 Ordinary Shares at nil cost following the vesting of performance shares awarded on 10 April 2018 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 57,531 Ordinary Shares received following vesting the LTIP award above in London at a price of 782p per share. Following this transaction, Mr. Dyson continues to have an interest in a total of 5,077,997 Ordinary Shares, representing approximately 5.5% of the Company’s issued share capital.

Peter Harris, Chief Financial Officer of the Company, sold 14,562 of the 29,124 Ordinary Shares received following vesting the LTIP award above in London at a price of 782p 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 386,128 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 92,499,414 Ordinary Shares in issue. No shares are held in treasury.

Enquiries:

Next Fifteen Communications Group plc

Mark Sanford General Counsel and Company Secretary

+44 (0) 20 7908 6444

Numis

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 57,531

 

 

 

 

d)

Aggregated information

Aggregated volume Price

Vesting of 57,531 Ordinary Shares at nil cost.

 

e)

Date of the transaction

19 April 2021

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)

£7.82 57,531

 

 

 

 

d)

Aggregated information

Aggregated volume Price

57,531 Ordinary Shares were sold at £7.82 with an aggregated volume price of £449,892.42.

e)

Date of the transaction

19 April 2021

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 29,124

 

 

 

 

d)

Aggregated information

Aggregated volume Price

Vesting of 29,124 Ordinary Shares at nil cost.

 

e)

Date of the transaction

19 April 2021

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)

£7.82 14,562

 

 

 

 

d)

Aggregated information

Aggregated volume Price

14,562 Ordinary Shares were sold at £7.82 with an aggregated volume price of £113,874.84.

e)

Date of the transaction

19 April 2021

f)

Place of the transaction

London Stock Exchange (AIM)

 

Category Code: DSH
Sequence Number: 735537
Time of Receipt (offset from UTC): 20210419T171948+0100

Contacts

Next Fifteen Communications Plc

Contacts

Next Fifteen Communications Plc