Aston Martin Lagonda Glob.Hldgs PLC Increased investment by Yew Tree Consortium (0888O)
29 Settembre 2023 - 8:00AM
UK Regulatory
TIDMAML
RNS Number : 0888O
Aston Martin Lagonda Glob.Hldgs PLC
29 September 2023
29 September 2023
Aston Martin Lagonda Global Holdings plc
("the "Company")
Increased investment by Yew Tree Consortium
The Company announces that it has been informed that on 28
September 2023 certain members of the Yew Tree Consortium have
agreed to purchase an additional 26 million ordinary shares in the
Company. As a result of this purchase, the Yew Tree Consortium will
hold a total of 26.23% of the Company's issued ordinary share
capital.
Regulatory announcements with respect to this purchase by the
Yew Tree Consortium will be made in due course.
Lawrence Stroll, on behalf of the Yew Tree Consortium, said:
"The Yew Tree Consortium is delighted to increase its ownership in
the Company by 3.27%. This additional investment demonstrates the
Yew Tree Consortium's continuing confidence and belief in the
future of Aston Martin. The Company has delivered a major
turnaround since the Yew Tree Consortium's initial investment three
years ago. We have rebuilt this iconic company, transforming it
into an ultra-luxury brand, with a portfolio of highly desirable,
performance-driven cars. This increased investment demonstrates our
continuing, long-term commitment to the Company, our conviction for
the future and the shareholder value the Company will deliver."
This Announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation EU 596/2016 as it forms
part of UK law by virtue of the European Union (Withdrawal) Act
2018. The person responsible for releasing this announcement on
behalf of Aston Martin Lagonda Global Holdings plc is Liz Miles,
Company Secretary.
Enquiries
Investor Relations
Robert Berg +44 (0)7833 080458
Robert.berg@astonmartin.com
Media
Kevin Watters +44 (0)7764 386683
kevin.watters@astonmartin.com
Paul Garbett +44 (0)7501 380799
paul.garbett@astonmartin.com
Teneo
Harry Cameron +44 (0)20 7353 4200
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END
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(END) Dow Jones Newswires
September 29, 2023 02:00 ET (06:00 GMT)
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