REG - Facilities by ADF - Annual Report and Accounts and Notice of AGM

Facilities by ADFAnnouncement

16/05/2023 11:15

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RNS Number : 5805Z  Facilities by ADF plc  16 May 2023

16 May 2023

 

Facilities by ADF plc

("Facilities by ADF", the "Company" or the "Group")

 

Annual Report and Accounts

and Notice of Annual General Meeting

 

Facilities by ADF (LSE: ADF), the leading provider of premium serviced
production facilities to the UK film and high-end television industry,
announces that, further to its final results announcement on 2 May 2023, the
Group's Annual Report and Accounts for the year ended 31 December 2022 (Annual
Report) and Notice of Annual General Meeting (AGM) have been posted to
shareholders and are available for download on the Company's
website www.facilitiesbyadf.com (http://www.facilitiesbyadf.com) .

 

The Company will hold its AGM at 11am on Monday, 26 June 2023 at Kitsmead
Lane, Longcross, Lyne, Chertsey, KT16 0EF.

 

 

For further enquiries:

 

   Facilities by ADF plc                                         via Alma PR

   Marsden Proctor, Chief Executive Officer

   Neil Evans, Chief Financial Officer

   John Richards, Chairman

   Cenkos (Nominated Adviser and Broker)                         Tel: +44 (0)20 7397 8900

   Ben Jeynes / Max Gould / George Lawson - Corporate Finance

   Alex Pollen - Sales

   Alma PR (Financial PR)                                        Tel: +44 (0)20 3405 0205

   Josh Royston / Hannah Campbell                                facilitiesbyadf@almapr.co.uk (mailto:facilitiesbyadf@almapr.co.uk)

 

OVERVIEW OF FACILITIES BY ADF Group

 

Facilities by ADF plc is the leading provider of premium serviced production
facilities to the UK film and high-end television industry ("HETV"). Its
production fleet is made up of over 600 premium mobile make-up, costume and
artiste trailers, production offices, mobile bathrooms (known as honey
wagons), diners, school rooms and technical vehicles. The Group provides these
production facilities and additional services after a planning process with
its customers held in advance of filming. In servicing productions, ADF staff
are available on site and each production is allocated an account manager who
acts as a single lead point of contact during filming.

 

In November 2022, ADF acquired Location One Ltd, the UK's largest integrated
TV and film location service and equipment hire company, bringing highly
complementary services and providing cross selling opportunities to the
enlarged Group, as well as delivering efficiencies through central services.

 

The Group serves customers in an industry that has experienced significant
growth in recent years, with additional demand driven by a material rise in
the consumption of film and HETV content via streaming platforms such as
Netflix, Disney, Apple and Amazon Prime. The UK film and TV industry has
directly benefited during this growth due to the quality of its production
facilities and studios, highly skilled domestic workforce, geography,
accessibility to Europe, English language environment and strong governmental
support. Major US streaming companies have now set up permanent bases in the
UK, with the UK now Netflix's third largest operation after the USA and
Canada.

 

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