REG - Facilities by ADF - RCF, Asset Financing and Lease Extensions

Facilities by ADFAnnouncement

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RNS Number : 3586Z  Facilities by ADF plc  07 April 2026

This announcement contains inside information as stipulated under the UK
version of the Market Abuse Regulation No 596/2014 which is part of English
Law by virtue of the European (Withdrawal) Act 2018, as amended. On
publication of this announcement via a Regulatory Information Service, this
information is considered to be in the public domain.

 

7 April 2026

Facilities by ADF plc

 

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

 

Revolving Credit Facility, Asset Financing and Lease Extensions

 

Facilities by ADF plc (AIM:ADF), the leading provider of premium serviced
production facilities to the UK film and high-end television industry
("HETV"), announces that it has entered into a new £5.0 million revolving
credit facility ("RCF") with HSBC UK Bank plc. The RCF has a three-year term
and replaces the Group's existing £1.0 million overdraft facility.

 

In addition, and as part of an exercise to improve the Group's capital
efficiency, the Group has raised an additional £0.65 million through a 60
month asset financing facility, secured against certain existing assets within
the ADF fleet (the "Asset Financing"), and extended a number of existing
finance leases for a further 24 months (the "Lease Extensions"). The Lease
Extensions are expected to result in an annualised cash flow benefit of
c.£0.8 million.

 

The RCF, the Asset Financing and Lease Extensions provide the Group with
significantly enhanced financial flexibility in support of growth initiatives
and working capital requirements. The Group continues to target operating
leverage in the range 1.0 - 1.5x adjusted EBITDA through the business cycle.

 

For further enquiries:

 

 Facilities by ADF plc                       via Alma Strategic Communications

 Nicola Pearcey, Chief Executive Officer

 William Worsdell, Chief Financial Officer

 Singer Capital Markets (Nomad and Broker)   Tel: +44 (0)20 7496 3000

 James Moat

 Charles Leigh-Pemberton

 Jalini Kalaravy

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

 Josh Royston                                facilitiesbyadf@almastrategic.com

 Hannah Campbell

 Sarah Peters

 

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