REG - Zegona Comms. - Directorate change

Zegona CommunicationsAnnouncement

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RNS Number : 0263V  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.

 

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