Statement re Press Speculation
LONDON--(BUSINESS WIRE)--
NOT 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.
THIS 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.
Next 15 Group plc
("Next 15" or the "Group")
Statement re Press Speculation
The 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.
As 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.
As such, the Group confirms it is in early-stage discussions regarding a potential sale of a selected number of its brands.
The 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.
Further updates will be provided as appropriate.
The person responsible for making this announcement on behalf of Next 15 is Mark Sanford, Company Secretary.
Enquiries:
Next 15 Group plc
Mickey Kalifa, Chief Financial Officer
+44 (0)7584 236 999
Deutsche Numis (Financial adviser, Nomad & Joint Broker)
Mark Lander
Hugo Rubinstein
George De Felice
+ 44 (0)20 7260 1000
Berenberg (Joint Broker)
Ben Wright
Mark Whitmore
+44 (0)20 3207 7800
Brunswick – for media enquiries
Paul Durman
Bridie Barrett
Imran Jina
MHP Group – for investor enquiries
Oliver Hughes
Eleni Menikou
Veronica Farah
+44 (0)7793 522824
+44 (0)7443 881428
+44 (0)7587 037076
+44 (0)7885 224532
+44 (0)7701 308818
Expand
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Wire
24 minutes ago
- Business Wire
Revenue Lifecycles Require Effective Software, Models, ISG Says
STAMFORD, Conn.--(BUSINESS WIRE)--Companies modernizing revenue management to enable new business models can choose from a growing number of applications and integrated platforms designed to reduce errors, automate processes and ultimately increase revenue over time, according to new research from global AI-centered technology research and advisory firm Information Services Group (ISG) (Nasdaq: III). Enterprises need advanced pricing and revenue models to stay competitive, and traditional systems will not support innovation. Modern revenue management platforms ensure that urgent business model changes are not held back by outdated technologies. Share The ISG Buyers Guides™ for Revenue Lifecycle Management, produced by ISG Software Research, provide the rankings and ratings of 42 software providers and their products to support revenue process needs, including configure price quote (CPQ), contract lifecycle management (CLM), revenue recognition, billing and the platforms to support these activities. The research finds that enterprises benefit from unified software platforms as they migrate from reliance on one-time sales to efficiently managed approaches that generate continuous revenue. Revenue lifecycle management platforms move beyond the outdated linear quote-to-cash process, combining processes previously carried out by separate tools. Aligning all systems allows for consistent sales and revenue engagement over time. 'Enterprises in every industry need to adopt more advanced pricing and revenue models to stay competitive, and traditional systems will not support rapid change and innovation,' said Stephen Hurrell, director at ISG Software Research. 'Modern revenue management platforms ensure that urgent business model changes are not held back by outdated processes or technologies.' A true revenue lifecycle management system performs tasks ranging from guiding sellers and account teams as they create and get approval for a quote to embedding the quote's terms in a contract, triggering order fulfillment and generating billing schedules, the research shows. Such platforms not only manage digital documents but digitize and store all important terms in those documents. Key information persists in a data store, removing the need for one team to pass data to the next, so errors are minimized. Digitized billing schedules allow companies to automate actions such as outreach for subscription renewals at the appropriate time. A unified platform and data model provides easier data access for telling a more comprehensive story about effective revenue lifecycle management, the reports say. It lets companies analyze all parts of the process to gain insights into customers, products and processes, empowering them to improve customer experience and encourage more sustained engagement. Though the application of AI to revenue management is relatively immature, platforms prepared to deliver long-term value already have well-articulated and documented approaches to the use of AI. Despite these benefits, ISG expects more than half of enterprises to still be using manual processes to integrate quotes and contracts through 2026, potentially causing billing and delivery errors and poor customer experience. New revenue lifecycle management platforms offer improvements to all major components used in the process, the reports say. These include CPQ software that lets prospective buyers have a live, on-demand interaction rather than a slow exchange of emails, CLM tools that standardize contract terms to streamline processing and billing systems that can use historical data to accurately apply volume-based or usage-based pricing. For its 2025 Buyers Guides™ for Revenue Lifecycle Management, ISG evaluated software providers across six platform categories — Revenue Lifecycle Management; Revenue Lifecycle Platforms; Revenue Recognition; Contract Lifecycle Management; Configure, Price, Quote; and Billing — and produced a separate Buyers Guide for each. A total of 42 providers were assessed: Aptitude, Aria Systems, BillingPlatform, Certinia, Chargebee, Conga, ContractPodAi, DealHub, Docusign, Epicor, Experlogix, FastSpring, GleanQuote, Gotransverse, Icertis, Ironclad, LawVu, LinkSquares, Malbek, Maxio, NetSuite, Oracle, PandaDoc, Paperless Parts, Pricefx, PROS, Recurly, RecVue, Sage, Salesforce, SAP, Sirion, SOFTRAX, SpotDraft, Stripe, Tacton, Vendavo, Workday, Zilliant, Zoho and Zuora ISG Software Research rates software providers in seven evaluation categories. Five are related to product experience: usability, manageability, reliability, capability and adaptability. Two are related to customer assurance: validation and total cost of ownership and return on investment (TCO/ROI). Providers ranked in the top three for each evaluation category are named as Leaders. Within each platform category, those with the most Leader rankings are named as Overall Leaders. The Overall Leaders of the 2025 Buyers Guides™ for Revenue Lifecycle Management were the following: Revenue Lifecycle Management: Conga earned the highest overall rating, followed by Oracle and BillingPlatform, who were also overall leaders and rated exemplary. Conga was named a Leader in seven evaluation categories, Oracle in six categories and BillingPlatform in five. Salesforce, Zoho and Zuora also were rated Exemplary. SAP was rated Innovative. Revenue Lifecycle Platforms: Conga received the highest overall rating, followed by BillingPlatform and Oracle, who were also overall leaders and rated exemplary. Conga was designated a Leader in seven evaluation categories and BillingPlatform and Oracle in five. Salesforce, Zoho and Zuora also were rated Exemplary. SAP was rated Innovative. Revenue Recognition: BillingPlatform was the highest-rated provider, followed by Oracle and Zuora, who were overall leaders and rated exemplary. Oracle was designated a Leader in six evaluation categories, BillingPlatform in five and Zuora in three. Aria Systems, Conga, NetSuite, Sage, Stripe and Zoho also were rated Exemplary. SAP was rated Innovative. Contract Lifecycle Management: The overall leaders were Conga in first place, followed by Docusign and Zoho. All three were rated exemplary. Conga was designated a Leader in seven categories, Docusign in five and Zoho in two. Ironclad and Sirion also were rated Exemplary. Icertis was rated Innovative. Configure, Price, Quote: Conga was the highest-rated provider, followed by Oracle and PROS, who were also overall leaders and rated exemplary. Conga was designated a Leader in seven performance categories, Oracle in six and PROS in two. Epicor, Salesforce, Zoho and Zuora also were rated Exemplary. SAP was rated Innovative. Billing: BillingPlatform earned the highest overall rating, followed by Oracle and Zuora, who were also overall leaders and rated exemplary. BillingPlatform and Oracle were designated as Leaders in five performance categories each, while Zuora was a Leader in three performance categories. Aria Systems, Certinia, Conga, Salesforce, Stripe and Zoho were rated Exemplary. Gotransverse and SAP were rated Innovative. 'Managing revenue lifecycles is important for good customer experience, but it is complicated by underlying software that is too fragmented or specialized to work across sales, operations, revenue and finance teams,' said Mark Smith, partner and chief software analyst, ISG Software Research. 'Whether companies are looking for one supplier or a series of applications, these insights guide enterprises to determine what software is the best fit to modernize and reduce the operational costs of revenue lifecycle management.' The ISG Buyers Guides™ for Revenue Lifecycle Management are the distillation of more than a year of market and product research efforts. The research is not sponsored nor influenced by software providers and is conducted solely to help enterprises optimize their business and IT software investments. It provides the industry's most comprehensive review of all viable software options, comparing their strengths to give enterprises insight to make critical selection decisions. Visit this webpage to learn more about the ISG Buyers Guides™ for Revenue Lifecycle Management and read executive summaries of each of the six reports. The complete reports, including provider rankings across seven product and customer experience dimensions and detailed research findings on each provider, are available by contacting ISG Software Research. About ISG Software Research ISG Software Research provides authoritative coverage and analysis of the business and IT software industry. It distributes research and insights daily through its user community, and provides a portfolio of consulting, advisory, research and education services for enterprises, software and service providers, and investment firms. Its ISG Buyers Guides™ help enterprises evaluate and select software providers through tailored assessments powered by ISG's proprietary methodology. Visit for more information and to sign up for free community membership. About ISG ISG (Nasdaq: III) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world's top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth. The firm, founded in 2006, is known for its proprietary market data, in-depth knowledge of provider ecosystems, and the expertise of its 1,600 professionals worldwide working together to help clients maximize the value of their technology investments.
Business Wire
an hour ago
- Business Wire
Krak Is Here: Kraken Launches New All-in-One Global Money App
CHEYENNE, Wyo.--(BUSINESS WIRE)--Kraken, a technology platform built on crypto that unlocks access and reduces inefficiencies to drive financial freedom, today unveils the launch of Krak: a next generation, all-in-one global money app. The Krak app reimagines what constitutes money and value, empowering users to instantly transact across borders for almost no cost, while also earning competitive rewards on their account balances. 'We built and launched the Krak app because the financial system has been stuck in the past, and we think it's time to do something about it," said Arjun Sethi, Kraken's co-CEO. Share Built for a global, digital-first generation, the Krak app blends the freedom of crypto with the familiarity of everyday finance. Users can seamlessly manage over 300 different fiat and digital assets, making Krak app the ultimate portable financial command center built for the modern era. 'We built and launched the Krak app because the financial system has been stuck in the past, and we think it's time to do something about it. With Krak, we're taking a bold step toward rebuilding what we consider to be the most important layer of the global economy: How people move and use money,' said Arjun Sethi, Kraken's co-CEO. Powered by crypto innovation and strengthened by Kraken's trusted network of banking relationships and payment partnerships, Krak challenges the outdated norms of legacy finance. Whether sending money to family abroad, growing balances, or managing spending on everyday purchases, users can rely on the Krak app as a seamless, all-in-one financial hub – giving them control of their assets, on their terms. The Krak app at launch will feature: Peer-to-peer payments: Instantly and affordably send funds to other Krak app users across 110 different countries. Using Kraktags, a personalized payment ID, app users can seamlessly send and request payments across 300+ assets spanning crypto, stablecoins and fiat currencies (where available) without inserting bank details or crypto wallet addresses. Dedicated spend and earn accounts: Seamlessly make payments and earn rewards with no lock-up periods, no minimum contributions, or subscriptions needed. At launch, eligible users can earn up to 4.1% rewards on USDG stablecoin balances, as well as additional earning opportunities across 20+ digital assets up to 10%. What the future holds for Krak: The release of physical and virtual Krak cards, unlocking seamless spending at millions of merchants worldwide, both online and in-store, using fiat currencies and cryptoassets in the Krak app. A range of pay-in-advance services, ranging from lending to loans and credit card programs. Sethi added: 'We believe that basic financial services should be universally accessible, and that money should move as easily as information does. Krak is just the beginning. We see it as a foundation. A core building block for how people everywhere will manage their money in the future.' For more information on Kraken's new Krak app, please visit our dedicated landing page. The new Krak app is also available to download on Android at the Google Play store, or on iOS at the Apple App Store. About Kraken Kraken is one of the world's longest-standing and most secure crypto platforms. Our mission is to accelerate the global adoption of crypto, so that everyone can achieve financial freedom and inclusion. Globally, Kraken clients trade more than 300 digital assets and 6 different national currencies, including GBP, EUR, USD, CAD, CHF, and AUD. Founded in 2011, Kraken was among the first to offer spot trading with margin, parachain auctions, staking, regulated derivatives and index services under one roof. With millions of individuals, traders and institutions around the world, Kraken offers professional 24/7/365 client support along with one of the fastest, most performant trading platforms available. Kraken has set the industry standard for transparency and client trust, and was the first crypto platform to conduct Proof of Reserves. Kraken markets can be monitored and traded via the web or through the Kraken and Kraken Pro iOS and Android apps. For more information about Kraken, please visit
Business Wire
an hour ago
- Business Wire
Deadline Alert: 3D Systems Corporation (DDD) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit
LOS ANGELES--(BUSINESS WIRE)-- Glancy Prongay & Murray LLP reminds investors of the upcoming deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired 3D Systems Corporation ('3D Systems' or the 'Company') (NYSE: DDD) securities between August 13, 2024 and May 12, 2025, inclusive (the 'Class Period'). IF YOU SUFFERED A LOSS ON YOUR 3D SYSTEMS INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS. What Happened? On March 26, 2025, 3D Systems released its fourth quarter and full year 2024 financial results, missing consensus estimates in non-GAAP earnings-per-share and sales revenue, citing 'lowers hardware systems sales due to macroeconomic factors that are negatively impacting demand.' The Company also reported a '$9 million revenue reduction in Q4 driven by a change in accounting estimates for [the Company's] Regenerative Medicine program." The Company disclosed that "[t]his change in estimate [was] related to the now anticipated use of pre-clinical human decedent testing . . . which led to refinement of the milestone technical criteria." On this news, 3D Systems' stock price fell $0.57, or 21%, to close at $2.15 per share on March 27, 2025, thereby injuring investors. Then, on May 12, 2025, after market hours, 3D Systems released its first quarter 2025 financial results, missing consensus estimates due, in part, to a decline in material sales, mostly due to inventory management issues in the dental portion of its Healthcare Solutions segment. The Company further disclosed that it was withdrawing its full-year 2025 outlook, citing prolonged softness in customer capital spending and macroeconomic uncertainty. On this news, 3D Systems' stock price fell $0.68, or 26.6%, to close at $1.87 per share on May 13, 2025, thereby injuring investors further. What Is The Lawsuit About? The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) 3D Systems had understated the impact of weakened customer spending on the Company's business, while overstating its resilience in challenging industry conditions; (2) the updated milestone criteria in the United Partnership would negatively impact the Company's Regenerative Medicine Program revenue; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. If you purchased or otherwise acquired 3D Systems securities during the Class Period, you may move the Court no later than August 12, 2025 to request appointment as lead plaintiff in this putative class action lawsuit. Contact Us To Participate or Learn More: If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us: Charles Linehan, Esq., Glancy Prongay & Murray LLP, 1925 Century Park East, Suite 2100, Los Angeles California 90067 Email: shareholders@ Telephone: 310-201-9150, Toll-Free: 888-773-9224 Visit our website at Follow us for updates on LinkedIn, Twitter, or Facebook. If you inquire by email, please include your mailing address, telephone number and number of shares purchased. To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
