News blog

Next Fifteen Communications

  • BY: Andrew Hore |
  • POSTED: 23/05/2009 |

Next Fifteen Communications has ended bid discussions with Chime Communications and Huntsworth.

The shares dipped 8.5p to 46p each following the news, which values the technology PR firm at £24.88m.

Next Fifteen’s board believes that it is best to remain independent. Chairman Will Whitehorn has bought 34,000 shares at 46p each. This takes his stake to 1.85%.

Herald Investment Trust and Liontrust each acquired 250,000 shares at 55p each on 19 May. Herald owns 8.7% of Next Fifteen and Liontrust increased its stake to 13.2%.. These shares appear to have been acquired from Pensions Services Ltd.

PR company Chime has confirmed that it has no current intention of making a bid for Next Fifteen.

Marketing services provider Huntsworth has not made any announcement. 

© 2021 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at Subscribe to AIM Micro RSS Feeds