Holding(s) in Company

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 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 Hannah Campbell	Tel: [phone] [e-mail]

 

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