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AMGDF / Aston Martin reveals £653mln fundraising with Saudi fund getting seat on board

Aston Martin reveals £653mln fundraising with Saudi fund getting seat on board
Aston Martin Lagonda Global Holdings PLC (LSE:AML) confirmed a proposed £575mln rights issue and a £78mln strategic investment from Saudi Arabia to reduce its debt and try to turbocharge its growth. New shares will be sold at 335p, almost a 10% discount to the last closing price, or over 30% since rumours of a new funding round emerged and down 75% on the share price at the start of 2022. Read More
Posted: Jul 15 2022, 03:43
Author Name: Proactive Investors
Views: 1026100

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Aston Martin's earnings leave market's patience wearing thin

By Proactive Investors
November 1, 2023

Aston Martin's earnings leave market's patience wearing thin

Aston Martin Lagonda Global Holdings PLC (LSE:AML) seemed to be hit by production delays at the worst time. Following the luxury car maker's disappoin more_horizontal

Aston Martin shares plunge 16% after volume target cut

By CNBC
November 1, 2023

Aston Martin shares plunge 16% after volume target cut

Aston Martin shares plunged more than 16% on Wednesday morning after the British luxury carmaker cut its volume target due to production problems. more_horizontal

Aston Martin CEO Stroll Says Andretti 'Far From Entering Formula One'

By Bloomberg Markets and Finance
October 4, 2023

Aston Martin CEO Stroll Says Andretti 'Far From Entering Formula One'

Aston Martin F1 team owner Lawrence Stroll says he has a "very strong suspicion" that Formula One's team entry count "will remain ten teams" despite t more_horizontal

Aston Martin shares rev up as Lawrence Stroll ups stake

By Proactive Investors
September 29, 2023

Aston Martin shares rev up as Lawrence Stroll ups stake

Aston Martin Lagonda Global Holdings PLC (LSE:AML) shares revved up on Friday morning, as Lawrence Stroll's Yellow Tree Consortium upped its majority more_horizontal

Aston Martin Has 9 Lives

By Seeking Alpha
September 8, 2023

Aston Martin Has 9 Lives

Aston Martin has a history of bankruptcy but is now on the path to recovery with the help of powerful partners. Lawrence Stroll, a Canadian billionair more_horizontal

Aston Martin to issue $270 mln worth of shares to bolster capital

By Reuters
July 31, 2023

Aston Martin to issue $270 mln worth of shares to bolster capital

Luxury carmaker Aston Martin said on Monday it will launch a 210 million pound ($270.04 million) share placing to speed up its net leverage reduction. more_horizontal

LCID Stock: CEO Rawlinson Teases More Luxury Deals to Come

By InvestorPlace
June 28, 2023

LCID Stock: CEO Rawlinson Teases More Luxury Deals to Come

Lucid Group (NASDAQ: LCID ) stock rose 10% on June 27. CEO Peter Rawlinson teased more deals like one recently signed with Aston Martin (OTCMKTS: AMGD more_horizontal

Lucid CEO says Aston Martin EV tech deal is just the beginning

By Reuters
June 28, 2023

Lucid CEO says Aston Martin EV tech deal is just the beginning

Lucid will pursue more deals to sell its luxury electric vehicle (EV) equipment as it looks to grow its technology supply business, its top executive more_horizontal


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