Increased investment by Yew Tree Consortium

Aston Martin Lagonda Glob.Hldgs PLC

29 September 2023

 

29 September 2023

Aston Martin Lagonda Global Holdings plc

("the "Company")

Increased investment by Yew Tree Consortium

The Company announces that it has been informed that on 28 September 2023 certain members of the Yew Tree Consortium have agreed to purchase an additional 26 million ordinary shares in the Company.  As a result of this purchase, the Yew Tree Consortium will hold a total of 26.23% of the Company's issued ordinary share capital.

Regulatory announcements with respect to this purchase by the Yew Tree Consortium will be made in due course.

Lawrence Stroll, on behalf of the Yew Tree Consortium, said:  "The Yew Tree Consortium is delighted to increase its ownership in the Company by 3.27%.  This additional investment demonstrates the Yew Tree Consortium's continuing confidence and belief in the future of Aston Martin.  The Company has delivered a major turnaround since the Yew Tree Consortium's initial investment three years ago.  We have rebuilt this iconic company, transforming it into an ultra-luxury brand, with a portfolio of highly desirable, performance-driven cars.  This increased investment demonstrates our continuing, long-term commitment to the Company, our conviction for the future and the shareholder value the Company will deliver." 

This Announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation EU 596/2016 as it forms part of UK law by virtue of the European Union (Withdrawal) Act 2018. The person responsible for releasing this announcement on behalf of Aston Martin Lagonda Global Holdings plc is Liz Miles, Company Secretary.

Enquiries Investor Relations
Robert Berg		[phone] [e-mail]
Media
Kevin Watters		[phone] [e-mail]
Paul Garbett		[phone]  [e-mail]
Teneo Harry Cameron		[phone]

 

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