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RNS Number : 1147S Aston Martin Lagonda Glob.Hldgs PLC 02 November 2023
2 November 2023
Aston Martin Lagonda Global Holdings plc
("Aston Martin" or the "Company")
Progress to completion of Lucid Transaction and Admission of Consideration
Shares
Total Voting Rights
Further to its announcement on 19 September 2023 confirming the receipt of
shareholder approvals in connection with the strategic supply arrangement with
Lucid Group, Inc. ("Lucid") (the "Transaction"), Aston Martin is today pleased
to announce that clearance from all applicable regulatory and antitrust
authorities has been obtained and the Transaction can proceed to completion.
Accordingly, the Company announces that, subject and pursuant to the
previously disclosed terms of the Transaction:
· 28,352,273 new ordinary shares of £0.10 each in its share
capital (the "Consideration Shares") will be allotted and issued to Lucid's
subsidiary, Atieva, Inc.
· Integration and supply agreements between Aston Martin and Lucid
governing Aston Martin's access to certain of Lucid's industry-leading
technologies, including electric powertrains and battery systems, will become
effective from Admission of the Consideration Shares
Applications have been made to the Financial Conduct Authority (the "FCA") and
the London Stock Exchange plc (the "LSE") respectively for the admission of
the Consideration Shares to listing on the premium listing segment of the
Official List of the FCA and to trading on the main market for listed
securities of the LSE (together, "Admission"). It is expected that Admission
will become effective at 8.00 a.m. on 6 November 2023.
In accordance with the FCA's Disclosure Guidance and Transparency Rules, the
Company also notifies that, following Admission becoming effective, the total
issued share capital of the Company will be 823,663,785 ordinary shares of
£0.10 each with one voting right per share. There are no ordinary shares held
in treasury.
Therefore, following Admission becoming effective, the total number of voting
rights in the Company will be 823,663,785 and this figure should be used by
shareholders as the denominator for the calculations by which they determine
if they are required to notify their interest in, or a change of their
interest in, the Company under the Disclosure Guidance and Transparency Rules.
Enquiries
Investors and Analysts
Robert Berg Director of Investor
Relations +44 (0) 7833 080458
robert.berg@astonmartin.com
(mailto:robert.berg@astonmartin.com)
Ella South
Investor Relations Analyst
+44 (0) 7776
545420
ella.south@astonmartin.com
Media
Kevin Watters Director of
Communications +44
(0)7764 386683
kevin.watters@astonmartin.com (mailto:kevin.watters@astonmartin.com)
Paul Garbett Head of
Corporate & Brand Communications +44 (0)7501 380799
paul.garbett@astonmartin.com
(mailto:paul.garbett@astonmartin.com)
Teneo
Harry Cameron
+44 (0)20 7353 4200
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