Statement re update on press speculation
Next 15 Group plc announced on 5 November 2025 that it has terminated discussions with Epiris concerning the potential acquisition of a selected number of its brands. The Board clarified that it will only consider disposals where the valuation adequately reflects the strengths and prospects of those businesses, indicating the offer did not meet their criteria. The company further confirmed that the Group is currently trading in line with expectations and remains well-positioned to capitalise on evolving market opportunities to deliver lasting value for all stakeholders. This update follows previous press speculation and an announcement on 4 November.
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Update on press speculation
Further to our announcement on 4 November and recent press speculation, the Board of Next 15 confirms that it has now terminated discussions with Epiris in relation to the potential acquisition of a selected number of its brands. As noted in our previous announcement, the Company will only consider disposals where the valuation adequately reflects the strengths and prospects of those businesses.
The Group is trading in line with expectations and is well-positioned to capitalise on evolving market opportunities to deliver lasting value for all stakeholders.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.