Brief: Facilities By ADF Agrees To Buy Entire Issued Share Capital Of Autotrak Portable Roadways

Facilities by ADF

22/08/2024 18:32

Aug 22 (Reuters) - Facilities By ADF PLC  ADFF.L :
    * FACILITIES BY ADF  - ACQUISITION, PRIMARY & SECONDARY
PLACING
    * FACILITIES BY ADF: CONDITIONALLY AGREED TO BUY ENTIRE
ISSUED
SHARE CAPITAL OF AUTOTRAK PORTABLE ROADWAYS LIMITED FOR
CONSIDERATION OF UP TO £21.3 MILLION
    * FACILITIES BY ADF: TO FINANCE DEAL, CO PROPOSES TO RAISE
£10.0
MILLION VIA PLACING 20MLN NEW ORDINARY SHARES AT ISSUE PRICE OF
50P/ORDINARY SHARE

Source text for Eikon:  ID:nRSV4815Ba 
Further company coverage:  ADFF.L 

 ((Reuters.Briefs@thomsonreuters.com;))