Capital Reorganisation and TVR
Released : 14 Dec 2020
RNS Number : 3869I Aston Martin Lagonda Global Hld PLC 14 December 2020
14 December 2020 Aston Martin Lagonda Global Holdings plc ("Aston Martin Lagonda", the "Company" or the "Group")
Announcement of completion of Capital Reorganisation, admission of Consolidated Shares and Total Voting Rights
Further to the announcement on 4 December 2020 by the Company regarding the results of the General Meeting held earlier that day, the Company announces that the Capital Reorganisation has become effective today.
Admission of the Company's Consolidated Shares to the premium listing segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities will take place at 8:00 a.m. today (or as soon as practicable thereafter).
The ISIN for the Consolidated Shares is GB00BN7CG237 and the SEDOL is BN7CG23.
The proportion of the Company's issued ordinary share capital held by each shareholder immediately before and after the Capital Reorganisation will remain unchanged (subject to the treatment of fractional entitlements as set out in the prospectus published by the Company on 18 November 2020 (the "Prospectus")).
Shareholders who held their Ordinary Shares in CREST prior to the Capital Reorganisation will have the Consolidated Shares credited to their CREST accounts as soon as practicable today. Shareholders who held their Ordinary Shares in certificated form will have new share certificates evidencing the Consolidated Shares to which they are entitled posted to them by first-class post at the risk of the Shareholder, which are expected to be dispatched on or around 23 December 2020.
As a result of the Capital Reorganisation, the Group's issued share capital following admission now consists of 114,933,587 Ordinary Shares of £0.10 each. There are no Ordinary Shares held in treasury. The total number of voting rights following admission is now 114,933,587 and this figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Ordinary Shares in the Company under the FCA's Disclosure and Transparency Rules.
In accordance with the authority given by shareholders at the General Meeting held on 4 December 2020, the Deferred Shares that have been created by the Company in connection with the Capital Reorganisation will be repurchased by the Company and subsequently cancelled. The Company intends to carry out the repurchase and cancellation of the Deferred Shares on 15 December 2020. Such repurchase and cancellation will be carried out in accordance with the rights attached to the Deferred Shares and will be effective as of the same date.
Capitalised terms used but not otherwise defined in this announcement have the meanings given to them in the Prospectus, which is available on the Company's website (www.astonmartinlagonda.com/investors/October-2020-Placing).
Enquiries Investors and Analysts Charlotte Cowley Director of Investor Relations +44 (0)7771 976764 [email protected] Media Kevin Watters Director of Communications +44 (0)7764 386683 [email protected]
Grace Barnie Corporate Communication Manager +44 (0)7880 903490 [email protected] Tulchan Communications Harry Cameron and Simon Pilkington +44 (0)20 73534200
Notice to all investors
This announcement may contain certain forward-looking statements and information that both represents management's current expectations or beliefs concerning future events and are subject to known and unknown risks and uncertainties. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms anticipates, believes, could, estimates, expects, intends, may, plans, projects, should or will, or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. The forward-looking statements in this announcement speak only as at the date of this announcement. These statements and forecasts involve risk and uncertainty because they relate to events and depend upon circumstances that may occur in the future. There are a number of factors which could cause actual results or developments to differ materially from those expressed or implied by these forward-looking statements and forecasts. Further, certain forward-looking statements are based upon assumptions of future events which may not prove to be accurate and neither of the Company nor any of its subsidiary undertakings, affiliates, agents or advisers or any such persons' directors, officers, employees or agents, nor any other person accepts any responsibility for the accuracy of the forward-looking statements or opinions expressed herein or the underlying assumptions. Other than in accordance with any legal or regulatory obligations (including under the Listing Rules, the Disclosure Guidance and Transparency Rules and the Prospectus Regulation Rules), no one undertakes to update, supplement, amend or revise any such forward-looking statement. Nothing in this announcement should be construed as a profit forecast. Past share performance cannot be relied on as a guide to future performance.
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