Business
Admission of shares and total voting rights
Admission of shares and total voting rights.
About this update from Aston Martin Lagonda Global Holdings Plc
[{"type":"text","content":"\n\n2 November 2023\n \nAston Martin Lagonda Global Holdings plc\n(\"Aston Martin\" or the \"Company\")\n \nProgress to completion of Lucid Transaction and Admission of Consideration Shares\nTotal Voting Rights\nFurther to its announcement on 19 September 2023 confirming the receipt of shareholder approvals in connection with the strategic supply arrangement with Lucid Group, Inc. (\"Lucid\") (the \"Transaction\"), Aston Martin is today pleased to announce that clearance from all applicable regulatory and antitrust authorities has been obtained and the Transaction can proceed to completion.\nAccordingly, the Company announces that, subject and pursuant to the previously disclosed terms of the Transaction:\n· 28,352,273 new ordinary shares of £0.10 each in its share capital (the \"Consideration Shares\") will be allotted and issued to Lucid's subsidiary, Atieva, Inc.\n· Integration and supply agreements between Aston Martin and Lucid governing Aston Martin's access to certain of Lucid's industry-leading technologies, including electric powertrains and battery systems, will become effective from Admission of the Consideration Shares\nApplications have been made to the Financial Conduct Authority (the \"FCA\") and the London Stock Exchange plc (the \"LSE\") respectively for the admission of the Consideration Shares to listing on the premium listing segment of the Official List of the FCA and to trading on the main market for listed securities of the LSE (together, \"Admission\"). It is expected that Admission will become effective at 8.00 a.m. on 6 November 2023.\nIn accordance with the FCA's Disclosure Guidance and Transparency Rules, the Company also notifies that, following Admission becoming effective, the total issued share capital of the Company will be 823,663,785 ordinary shares of £0.10 each with one voting right per share. There are no ordinary shares held in treasury.\nTherefore, following Admission becoming effective, the total number of voting rights in the Company will be 823,663,785 and this figure should be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change of their interest in, the Company under the Disclosure Guidance and Transparency Rules.\n&nb...