Business
Admission to AIM and First Day of Dealings
Admission to AIM and First Day of Dealings.
About this update from Facilities By Adf Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 4128X\n Facilities by ADF plc\n 05 January 2022\n \n \n \n \n THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES OF AMERICA (THE \"UNITED STATES\" OR THE \"US\"), AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL (EACH A \"RESTRICTED JURISDICTION\").\n \n \n 5 January 2022\n \n \n Facilities by ADF plc\n \n \n (\"ADF\", the \"Company\" or the \"Group\")\n \n \n Admission to Trading on AIM and First Day of Dealings\n \n \n \n \n \n ADF, the leading provider of premium serviced production facilities to the UK film and high-end television (\"HETV\") industry,\n is pleased to announce the admission of its entire issued ordinary share capital to trading on AIM (\"AIM\"), a market operated by London Stock Exchange plc (\"Admission\"). \n \n \n \n \n \n Admission will take place and dealings will commence at 8:00 a.m. today under the ticker \"ADF\". \n \n \n \n \n \n ADF hires out its facilities to productions throughout the UK and Europe, providing its services to some of the world's largest traditional and on-demand content production companies. ADF is the only high-volume facilities provider in Europe that is approved by albert, an organisation that measures and assesses the environmental impact of businesses in the film and television industry.\n \n \n \n \n \n In conjunction with Admission, gross proceeds of £18.4 million have successfully been raised by way of a placing with institutional investors of 36,788,000 new and existing ordinary shares of 1 pence (\"Ordinary Shares\") each (the \"Placing\") at a price of 50 pence per share (the \"Placing Price\"). \n \n \n \n \n \n Cenkos Securities plc is acting as Nominated Adviser, sole broker and sole bookrunner in relation to Admission. \n \n \n \n \n \n Key Highlights\n \n \n \n \n \n · \n The market capitalisation of the Company on Admission will be £37.8 million.\n \n \n \n \n \n · \n ADF's business was established in 1992 in Bridgend, Wales, and has since grown to the point where it is now a leading provider of premium production facilities servicing prod...