Facilities by ADF plc Holding(s) in Company (4941Y)

TIDMADF

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   Remaining ordinary       % of issued 
                       disposed of          shares held    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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END

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May 05, 2023 02:00 ET (06:00 GMT)

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