Zegona has been established to execute a ‘Buy-Fix-Sell’ strategy in the European TMT sector, focusing on network-based communications and entertainment opportunities. Investments will target strategically sound businesses that require active change to realise full value, creating significant long-term returns through fundamental business improvements. The objective is to create a concentrated portfolio of sizeable assets with enterprise values in the range of £1 billion to £3 billion.


As at 14 August 2015, the Company had 196,044,960 ordinary shares of £0.01 each in issue. No shares are held as treasury shares. The Company securities are only traded on London Stock Exchange Main Market for listed securities.
http://www.zegona.com/

Half year report

AIM cancellation & admission to Official List
RNS
RNS Number : 4601A
Zegona Communications PLC
29 September 2015

29 September 2015

Zegona Communications plc

("Zegona" or the "Company")



Notification of AIM cancellation and admission to the Official List

Zegona is pleased to announce the admission of its entire issued share capital to the Official List (by way of standard listing under chapter 14 of the Listing Rules) of the United Kingdom Listing Authority (the "UKLA") (the "Official List"), and its admission to trading on the London Stock Exchange plc's ("LSE") main market for listed securities (the "Main Market") at 8.00 a.m. (London time) today (together, "Admission"). The Company also confirms the cancellation of trading of its ordinary shares on the AIM market of the LSE ("AIM") with effect from 8.00 a.m. (London time) today.

The Directors of Zegona consider that today's Admission, and the recent completion of the acquisition of Telecable, provide the Company with an advanced platform to increase its profile and attractiveness to a broader range of investors in advance of further acquisitions. Accordingly, following Admission, the Directors will continue to appraise acquisition opportunities to grow the Company and create value for shareholders.

Following Admission, Zegona's shareholders are now able to trade the Company's ordinary shares on the Main Market under the ticker ZEG.

Eamonn O'Hare, Chief Executive of Zegona said: "We are very pleased to have acquired Telecable and having done so, it is an appropriate time for Zegona to move to the Official List. We are working closely with the team in Asturias to support the robust strategy already in place and to complement it with our knowledge and experience to further enhance the customer proposition and business performance."

J.P. Morgan Cazenove has been appointed as the Company's sole corporate broker with effect from Admission.