REG - Facilities by ADF - Holding(s) in Company

Facilities by ADFAnnouncement

05/05/2023 07:00

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RNS Number : 4941Y  Facilities by ADF plc  05 May 2023

5 May 2023

Facilities by ADF plc

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

Holding(s) in Company

 

Facilities by ADF (LSE: ADF), the leading provider of premium serviced
production facilities to the UK film and high-end television industry,
announces that it was notified on 4 May 2023 that in response to institutional
investor demand, Andy Dixon, Steve Haines, Sian Dixon and Julie Fletcher (the
"ADF Founders") agreed to dispose of an aggregate of 4,200,000 ordinary shares
in the Company (the "Disposal") on that same day.

 

Following the Disposal, the ADF Founders remain interested in an aggregate of
31,112,000 ordinary shares in the Company, representing 39.18% of the
Company's issued ordinary share capital, as set out below.

 

The Disposal was undertaken with the consent of the Company and Cenkos
Securities plc and the remaining 31,112,000 ordinary shares held by the ADF
Founders continue to be subject to the terms of a Lock-in and Orderly Market
Agreement between the ADF Founders, the Company and Cenkos Securities plc
described in the Company's AIM Admission Document dated 21 December 2021.

 

 Shareholder     Ordinary shares disposed of  Remaining ordinary shares held  % of issued ordinary share capital
 Andy Dixon      1,050,000                    9,543,600                       12.02%
 Sian Dixon      1,050,000                    6,012,400                       7.57%
 Steve Haines    1,260,000                    9,333,600                       11.75%
 Julie Fletcher  840,000                      6,222,400                       7.84%
 Total           4,200,000                    31,112,000                      39.18%

 

 

 

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                                                 facilitiesbyadf@almapr.co.uk

 Hannah Campbell

 

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