Aston Martin Lagonda - Share Ownership31 May 2023 17:25
Current Major Share Ownership:
Yew Tree Consortium – 21%
Public Investment Fund – 18%
Geely – 17%
Invesco – 10.2 %
Mercedes – 9.7%
As of yesterday, Geely have 90 days to purchase another 4 % to take them to a 22% ownership, after which Yew Tree Consortium can also purchase a further 4% to take their share holding to 25%. Both having agreed a Standstill at these levels until 1st August 2024 before they can purchase a greater amount unless an offer for the Company is made (Details in RNS 18TH May 23).
So we could expect Geely to be buying in the next 90 days their 4% taking them up to 22 % and Yew Tree Consortium also joining in and purchasing their 4 % limit after the 90 days taking them to 25% .
Along with the positive launch of DB12 and future models coming soon as highlighted today by Amedeo Felisa this can only add to Aston Martin Lagonda investment value.
Please DYOR …