The first two months of 2022 have been busy for Next 15. Firstly, the full year trading update pointed to a strong finish to the year resulting in a further upgrade to estimates. More recently, Mach49 secured the largest single contract win in Next 15’s history ($400m over five years). Finally, Next 15 has announced its largest acquisition to date, Engine UK, for a maximum value of £77m (£62m of initial cash consideration part funded by the successful placing of 4.5m new ordinary shares at 1110p raising £50m gross).
11 Mar 2022
Next Fifteen Communications PLC
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Next Fifteen Communications PLC
Next 15 Group plc (NFG:LON) | 894 -205.5 (-2.5%) | Mkt Cap: 888.2m
- Published:
11 Mar 2022 -
Author:
Iain Daly -
Pages:
7
The first two months of 2022 have been busy for Next 15. Firstly, the full year trading update pointed to a strong finish to the year resulting in a further upgrade to estimates. More recently, Mach49 secured the largest single contract win in Next 15’s history ($400m over five years). Finally, Next 15 has announced its largest acquisition to date, Engine UK, for a maximum value of £77m (£62m of initial cash consideration part funded by the successful placing of 4.5m new ordinary shares at 1110p raising £50m gross).