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Pin to quick picksAston Martin Lagonda Regulatory News (AML)

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Increased investment by Yew Tree Consortium

29 Sep 2023 07:00

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 386683kevin.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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MSCSEIEDAEDSEEU
Date   Source Headline
8th Apr 20249:00 amRNSAnnual Report 2023 and Notice of AGM
28th Mar 20244:10 pmRNSDirector Declaration
22nd Mar 20248:28 amRNSAppointment of New Chief Executive Officer
13th Mar 20246:16 pmRNSSuccessful pricing of £1.15 billion refinancing
12th Mar 20243:33 pmRNSHolding(s) in Company
11th Mar 20247:36 amRNSLaunch of Notes Offering
4th Mar 20249:05 amRNSIssue of equity to satisfy share awards
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20th Dec 20239:32 amRNSHolding(s) in Company
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3rd Nov 202310:18 amRNSDirector/PDMR Shareholding
2nd Nov 20238:00 amRNSAdmission of shares and total voting rights
1st Nov 20237:00 amRNS3rd Quarter Results
30th Oct 20237:00 amRNSDirectorate Change
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3rd Oct 20232:07 pmRNSHolding(s) in Company
29th Sep 20237:00 amRNSIncreased investment by Yew Tree Consortium
19th Sep 202311:53 amRNSResult of Meeting
29th Aug 202312:01 pmRNSPublication of Circular and Notice of GM
4th Aug 20234:45 pmRNSHolding(s) in Company
4th Aug 20231:05 pmRNSDirector/PDMR Shareholding
4th Aug 202312:43 pmRNSDirector/PDMR Shareholding
4th Aug 202312:33 pmRNSDirector/PDMR Shareholding
4th Aug 202312:32 pmRNSDirector/PDMR Shareholding
4th Aug 202312:21 pmRNSHolding(s) in Company
1st Aug 20237:00 amRNSResult of Equity Issue
31st Jul 20234:41 pmRNSRetail Offer
31st Jul 20234:40 pmRNSProposed Share Placing
28th Jul 20237:00 amRNSAppointment of Non-executive Director
26th Jul 20232:49 pmRNSTotal Voting Rights
26th Jul 20237:00 amRNSHalf-year Report
14th Jul 202312:18 pmRNSHolding(s) in Company
10th Jul 20234:34 pmRNSReplacement Listing and Total Voting Rights
10th Jul 20238:56 amRNSAdditional Listing and Total Voting Rights
6th Jul 20238:16 amRNSHolding(s) in Company
3rd Jul 20237:00 amRNSAdmission of New Shares for Warrant exercise
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26th Jun 20237:00 amRNSAston Martin Lagonda and Mercedes-Benz AG
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30th May 202310:44 amRNSHolding(s) in Company
30th May 202310:39 amRNSHolding(s) in Company
30th May 20238:46 amRNSDirector/PDMR Shareholding

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