Exercise of Options and Total Voting Rights

RNS Number : 2004H

Facilities by ADF plc

04 April 2022

 

4 April 2022

Facilities by ADF plc

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

Exercise of Options and Total Voting Rights

Facilities by ADF, the leading provider of premium serviced production facilities to the UK film and high-end television industry, announces that following an exercise of options to subscribe for new ordinary shares in the Company, application has been made for 500,000 new ordinary shares of 1 pence each (the "New Ordinary Shares") to be admitted to trading on AIM.

The options exercised were outstanding prior to the Company's January 2022 IPO, as detailed in the Company's Admission Document, with the majority having been issued in 2016 as part of the Company's Enterprise Management Incentive ("EMI") scheme.

Application for admission of the New Ordinary Shares to trading on AIM has been made and dealings in the New Ordinary Shares are expected to commence at 8.00 a.m. on 6 April 2022 ("Admission"). The New Ordinary Shares will rank pari-passu with the Company's existing issued ordinary shares.

Following Admission of the New Ordinary Shares, the Company's issued ordinary share capital will comprise 76,000,000 ordinary shares, none of which are held in treasury and therefore the total number of voting rights in the Company from Admission will be 76,000,000.

The above figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

For further enquiries:

Facilities by ADF plc Marsden Proctor, Chief Executive Officer Neil Evans, Chief Financial Officer John Richards, Chairman	via Alma PR
Cenkos (Nominated Adviser and Broker) Ben Jeynes / Max Gould / George Lawson - Corporate Finance Alex Pollen - Sales	Tel: [phone]
Alma PR (Financial PR) Josh Royston John Coles Ella Doran	Tel: [phone] [e-mail]

 

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