REG - All ThingsConsidered - Admission to Trading and First Day of Dealings

Canaccord GenuityAnnouncement

21/12/2021 08:00

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RNS Number : 2006W  All Things Considered Group PLC  21 December 2021

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RECIPIENTS OF THIS ANNOUNCEMENT WHO INTEND TO PURCHASE OR SUBSCRIBE FOR SHARES
IN THE COMPANY FOLLOWING PUBLICATION OF THE FINAL DOCUMENT WHICH WILL BE
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GROWTH PROSPECTUS) ARE REMINDED THAT ANY SUCH PURCHASE OR SUBSCRIPTION MUST
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GROWTH PROSPECTUS RELATING TO THE COMPANY.

THIS ANNOUNCEMENT DOES NOT CONTAIN, CONSTITUTE OR FORM PART OF AN OFFER FOR
SALE OR THE SOLICITATION OF AN OFFER TO PURCHASE SECURITIES IN THE UNITED
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21 December 2021

 

All Things Considered Group Plc

("ATC Group", the "Company" or the "Group")

 

Admission to Trading and First Day of Dealings

 

ATC Group, an independent UK music company housing talent management, live
booking, livestreaming and talent services, is pleased to announce that
admission of its ordinary shares of £0.01 ("Ordinary Shares") to trading on
the Apex segment of the Aquis Stock Exchange Growth Market ("Admission") will
take place and dealings will commence at 8.00 a.m. today, under the ticker ATC
and ISIN number GB00BM9CMX71.

 

As announced on 14 December 2021, the Company raised a total of £4.15 million
(before expenses) through a placing with high quality institutional and
private investors. The net proceeds will principally be used to invest into
each of ATC's five business segments and to support the Directors' growth
strategy for the Group. Based on the placing price, the Company's market
capitalisation will be approximately £14.66 million on Admission.

 

ATC Group encompasses live rights, live agency, production, artist management
and investment, and a range of music artist services. In the Directors'
opinion, the music industry remains fragmented in the mid-market sector and
combined with the disruption caused by the COVID-19 pandemic, this results in
a significant opportunity for companies such as ATC Group with integrated and
resilient business models to capitalise on a number of structural growth areas
by way of organic and acquisitional expansion.

 

On Admission, the Company will have 9,584,020 Ordinary Shares in issue.

 

The Company's UK Growth Prospectus is available to view on its website
www.atcgroupplc.com (http://www.atcgroupplc.com) and at the National Storage
Mechanism https://data.fca.org.uk/#/nsm/nationalstoragemechanism
(https://data.fca.org.uk/#/nsm/nationalstoragemechanism)

Canaccord Genuity is acting as Corporate Adviser to the Company.

Adam Driscoll, CEO of ATC Group, commented:

 

"Becoming a public company is an exciting milestone for ATC Group and I would
like to take this opportunity to thank all our people and partners for getting
us here, as well as of course the artists who trust us to support them.
Looking back over the development of ATC Group the team has always embraced
innovation; through the founding of the business, expansion into artist
management, then live events and more latterly livestreaming. It is this
diverse, integrated model which now positions us so well in the industry; we
are confident in our ability to capitalise on opportunities that arise in the
coming months and years.

 

The Board and I look forward to accelerating our growth plans and creating
enhanced value for all our stakeholders. "

 

For more information, please contact:

 

 ATC Group                                         Via Alma PR
 Adam Driscoll, CEO

 Canaccord Genuity                                 +44(0)20 7523 8000
 Aquis Corporate Adviser and Broker
 Adam James / Georgina McCooke / Patrick Dolaghan

 Alma PR                                           +44(0)20 3405 0205
 Financial PR
 Hilary Buchanan / Josh Royston / Susie Hudson

 

 

Notes to Editors

 

ATC Group is a prominent independent UK music company offering live rights,
live agency, production, artist management and investment and a range of other
music artist services. ATC Group is the only independently-owned company in
the industry housing talent management, live booking and talent services
within the same group.

 

The Company has an established, long-standing client base with over 50 artists
on its management roster and over 400 acts on the live roster. One of its
livestreaming offerings, Driift, has delivered shows with Niall Horan, Andrea
Bocelli, Kylie, Johnny Marr and others, selling over 500,000 tickets across
171 countries since being established in June 2020.

 

The Group's five key divisions are:

·    ATC Management: artist management;

·    ATC Live: live event booking agency for artists;

·    Livestreaming: through Driift, a global livestreaming business and
Flymachine, a livestreaming platform;

·    ATC Services; and

·    Polyphonic; an artist partnerships venture

 

The Group is headquartered in London, with offices in Los Angeles and
Copenhagen and is led by an experienced management team who have operated
across multiple music industry sectors.

 

For more information see: www.atcgroupplc.com (http://www.atcgroupplc.com)

 

 

 

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