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On March 3, 2026, Zegona Communications plc announced the immediate appointment of Tim Pennington as an Independent Non-Executive Director. Mr. Pennington will join the Audit Committee upon appointment and is set to become its Chair after the end of the current financial year. At the date of this announcement, he holds no beneficial interest in the ordinary shares of Zegona.
| Date | 3 Mar 2026 |
| Time | 07:00:09 |
| Category | Board changes |
| ID | 0263V |
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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:
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Investor enquiries: |
Media enquiries: |
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Alfonso Enríquez |
Jaime De Andres |
Tilly Abraham (Sodali & Co) |
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info@zegona.com |
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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.