Directorate change

Summary by AI ^BETAClose X

Zegona Communications plc announced the immediate appointment of Tim Pennington as an Independent Non-Executive Director, who will join the Audit Committee and become its Chair after the current financial year. Pennington brings extensive experience in corporate finance, telecommunications, and mergers and acquisitions, having held senior finance leadership roles at major international telecommunications companies including Millicom International Cellular S.A. and Cable & Wireless Communications plc, as well as investment banking experience.

Disclaimer*

Zegona Communications PLC

03 March 2026

3 March 2026

LEI: 213800ASI1VZL2ED4S65

Zegona Communications plc

Appointment of Independent Non-Executive Director

Zegona is pleased to announce the appointment of Tim Pennington as an Independent Non-Executive Director, effective immediately. He will join the Audit Committee upon appointment and will become Chair of the Audit Committee after the end of this financial year.

Tim is an experienced finance executive with a strong background in corporate finance, telecommunications and mergers and acquisitions. He currently holds non-executive roles with MTN Group Limited, Africa's largest mobile network operator and one of its listed subsidiaries. Tim has held senior finance leadership roles at major international telecommunications companies, including Chief Financial Officer of Millicom International Cellular S.A. and Cable & Wireless Communications plc, and he was Group Finance Director for Cable & Wireless PLC. Earlier in his career, Tim served as Chief Financial Officer of Hutchison Telecom International and Finance Director at Hutchison 3G (UK), the British mobile business of Hutchison Whampoa. He also brings investment banking experience from his time as a director at Samuel Montagu & Co. Limited and as Managing Director at HSBC Investment Bank within its Corporate Finance and Advisory Department.

Eamonn O'Hare, Chairman and CEO of Zegona, commented: "On behalf of the Board, I am delighted to welcome Tim to Zegona. His deep understanding of corporate finance and the global telecoms industry will be a great asset to our Board as we continue to execute our strategy and drive value creation."

For further information please contact:

Investor enquiries:	Media enquiries:
Alfonso Enríquez	Jaime De Andres	Tilly Abraham (Sodali & Co)
info@zegona.com	jaime.andres@vodafone.com	zegona@info.sodali.com

About Zegona

Zegona is publicly listed on the Main Market of the LSE. It was established in 2015 with the objective of investing in businesses in the European Telecommunications, Media and Technology sector and improving their performance to deliver attractive shareholder returns. Zegona is led by former Virgin Media executives Eamonn O'Hare and Robert Samuelson. In 2024, Zegona completed the acquisition of Vodafone Spain. 

This announcement is made pursuant to UKLR 6.4.8. The Company confirms that there are no additional matters requiring disclosure under UKLR 6.4.8.

At the date of this announcement, Tim Pennington has no beneficial interest in the ordinary shares of Zegona.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END