REG - Facilities by ADF - Directorate Change

Facilities by ADFAnnouncement

30/07/2025 07:02

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RNS Number : 0636T  Facilities by ADF plc  30 July 2025

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Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK
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now considered to be in the public domain. 

 

30 July 2025

 

Facilities by ADF plc

 

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

 

Directorate Change

 

Facilities by ADF, the leading provider of premium serviced production
facilities to the UK film and high-end television industry ("HETV") announces
that Marsden Proctor, the Company's Chief Executive Officer, has stepped down
as a director of the Company and has left the Group with immediate effect. The
Board of the Company has commenced a recruitment process for a permanent
replacement.

 

Russell Down, Non-executive Chairman, has been appointed Executive Chairman.
He will revert to Non-executive status on conclusion of the recruitment
process and following an appropriate handover period.

 

The Company announced on 2 June 2025 that trading in the current financial
year to 31 December 2025 ("FY25") was in line with market expectations. While
the industry environment remains challenging and project lead times have been
reduced, the expectation is that activity levels will be weighted to the
second half. The Company continues to expect that it will be cash generative
in FY25.

 

 

For further enquiries:

 

 Facilities by ADF plc                                            via Alma

 Russell Down, Chairman

 Cavendish Capital Markets (Nomad and Broker)                     Tel: +44 (0)20 7220 0500

 Ben Jeynes / George Lawson / Hamish Waller - Corporate Finance

 Michael Johnson / Sunila de Silva  - Sales / ECM

 Alma Strategic Communications                                    Tel: +44 (0)20 3405 0205

 Josh Royston                                                     facilitiesbyadf@almastrategic.com (mailto:facilitiesbyadf@almastrategic.com)

 Hannah Campbell

 Robyn Fisher

 

OVERVIEW OF FACILITIES BY ADF PLC

 

The Facilities by ADF Group is the leading provider of premium serviced
production facilities along with location services and ground protection
equipment to the UK film and high-end television (HETV) industry.

 

The Group serves customers in an industry that has experienced,
notwithstanding the Strikes in 2023, 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 TV+ 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 the film
and TV industry's second largest operation after North America.

 

Facilities by ADF production fleet is made up of more than 700 premium mobile
make-up, costume and artiste trailers, production offices, mobile bathrooms,
diners, school rooms and technical vehicles.

 

To strengthen its position as a One-Stop-Shop for the Film and HETV industry,
ADF acquired Location One Ltd, the UK's largest TV and film location service
provider, in November 2022, and then further expanded in September 2024 by
acquiring Autotrak Portable Roadways Ltd, a market leader in portable roadway
solutions, diversifying the Group's offerings and customer base.

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