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: +44 (0)20 7397 8900
|
| Alma PR (Financial PR) Josh Royston Hannah Campbell | Tel: +44 (0)20 3405 0205 facilitiesbyadf@almapr.co.uk |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.