NFC: Next Fifteen Comm: Acquisition

  NFC: Next Fifteen Comm: Acquisition  UK Regulatory Announcement  LONDON  17 February 2014        Next Fifteen Communications Group plc (“Next 15” or the “Company”)      Acquisition of Continuous Insight and majority stake in Agent3 Limited  As part of Next 15’s transition towards a digital marketing business, in January 2013, the Company invested in the start-up digital marketing consultancy Agent3 Limited (“Agent3”) and took a 45% stake.  On 14 February 2014 Agent3 acquired 100% of Continuous Insight Limited (“CI”) a business which provides customer and market insight to large B2B enterprise organisations operating in the IT, Telecommunications and Professional Services sectors (the “Transaction”). For the ten months to January 2014, CI delivered revenue of £1.5m and normalised profit before tax of £0.3m.  As part of the Transaction, Next 15’s holding in Agent3 increased to 54%. This majority stake will therefore result in the consolidation of Agent3 into Next 15’s group accounts going forward, which Next 15 expects to be earnings accretive.  For further information, please contact:                                         Next Fifteen Communications Group plc                                          Tim Dyson, Chief Executive              +1 415 350 2801                                          Canaccord Genuity Limited                                          Simon Bridges                           +44 (0)20 7523 8000 Henry Fitzgerald-O’Connor                 Contact:  Next Fifteen Communications Plc