London Stock Exchange welcomes Facilities by ADF plc to AIM

London Stock Exchange welcomes Facilities by ADF, the leading provider of premium serviced production facilities to the UK film and high-end television (“HETV”) industry, to the Alternative Investment Market (“AIM”) under the ticker “ADF” after it raised gross proceeds of £18.4 million.

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 productions with its fleet of over 500 trailers and vehicles. It 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.

The Company provides its services to the largest global production companies including Netflix, Sky, BBC, ITV, Disney, HBO, and Apple, amongst others and has worked on some of the UK’s most popular television series, such as The Crown, Gangs of London and Peaky Blinders.

ADF has an estimated 35 per cent. market share of providing facilities to the UK HETV market and it has ambitions to grow its business to £100 million revenue.

John Richards, Chairman, commented:

"ADF is delighted to now be listed on AIM at such an exciting time for the business and for the British Film and High-End TV industry. The funds raised will further strengthen the Company’s financial position in continuing to meet increasing demand and will also raise the Company’s profile as a leading provider of premium facilities to the film and HETV industry.

“I am grateful for all the hard work of our team and the support of shareholders.  We look forward to life on the public markets and to the opportunities that it brings to our Company.” 

Marsden Proctor, CEO, said:

“The UK is enjoying a boom in investment in infrastructure and High-End TV & Film production. Driven by the world’s streaming giants and their subscribers’ insatiable appetite for box sets & films.

“According to the British Film Institute making film and High-End TV shows in 2021 will have hit £6bn, more than double the spend in 2020. As an established business with a reputation for excellence, high quality production facilities and a strong network of contacts throughout the industry, we are very confident in the long-term opportunities for the Company.”

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