REG - Aston Martin Lagonda - Statement Regarding Media Commentary

Aston Martin Lagonda Global HoldingsAnnouncement

30/06/2022 15:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20220630:nRSd8880Qa&default-theme=true

RNS Number : 8880Q  Aston Martin Lagonda Global Hld PLC  30 June 2022

30 June 2022

 

Aston Martin Lagonda Global Holdings plc

Statement Regarding Media Commentary

 

Aston Martin Lagonda (the "Company") notes recent movements in its share price
and media speculation regarding prospective fundraising efforts.

 

The Company continues to trade in line with expectations for full year 2022
and reaffirms its financial guidance for full year 2022, subject to movements
in FX rates, as provided at First Quarter results on 4 May 2022.

 

Order books are robust and have strengthened further in recent months, with
sports cars sold out into 2023 and order intake for DBX more than 40% higher
than the previous year. In addition, Aston Martin Valkyrie production
continues to pick up pace. The Company is delighted with the customer and
market reaction to new model derivatives and its recently enhanced management
team are increasingly focussed on new model launches from 2023 onwards.

 

As noted at the Full Year 2022 results on 23 February 2022 and Annual General
Meeting on 25 May 2022, the Company regularly keeps its funding options under
review. Any funding option, if explored and executed, would be to support and
accelerate the Company's future growth.

 

Enquiries

 Investors and Analysts
 Sherief Bakr        Director of Investor Relations              +44 (0)7789 177547

sherief.bakr@astonmartin.com
 Holly Grainger      Deputy Head, Investor Relations             +44 (0)7442 989551

holly.grainger@astonmartin.com
 Media
 Kevin Watters       Director of Communications                  +44 (0)7764 386683

kevin.watters@astonmartin.com
 Paul Garbett        Head of Corporate and Brand Communications  +44 (0)7501 380799

paul.garbett@astonmartin.com
 Grace Barnie        Corporate Communications Manager            +44 (0)7880 903490
                                                                 grace.barnie@astonmartin.com
 Tulchan Communications
 Harry Cameron and Simon Pilkington                              +44 (0)20 73534200

 

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  SPCBSGDLGXXDGDG