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V12 Vantage Roadster probably + Some weird creation based on the Vantage is my guess. Interested in both production numbers. At least two new ways to get some more deposits to stay alive a little longer.
Interesting they will show Valhalla interior, another way to get some more orders in for that car. Stroll said there were around 50% of the 1000 ordered. So three ways to get some more deposits down.
"The Company expects to separately publish a circular (the "Circular") in mid-August, which will contain notice of the General Meeting of the Company (the "General Meeting") required in connection with the Capital Raise, which it is expected will take place in early September and at which the Company will seek approval from its shareholders. It is expected that a prospectus, (the "Prospectus") containing further information on the Capital Raise will also be published in early September and in any event before the General Meeting and that completion of the Capital Raise will take place by the end of September."
I am glad it is being saved and hopefully it will be a smoother process. If they can get the new models out in time and the world does not collapses due to the energy crisis, they could have a positive year in 2023.
Waiting for that Q2 result date.. AML investor relations branche is not responding to emails..
Statement Regarding Media Commentary
Aston Martin Lagonda (the "Company") notes recent movements in its share price and media speculation regarding prospective fundraising efforts.
The Company continues to trade in line with expectations for full year 2022 and reaffirms its financial guidance for full year 2022, subject to movements in FX rates, as provided at First Quarter results on 4 May 2022.
Order books are robust and have strengthened further in recent months, with sports cars sold out into 2023 and order intake for DBX more than 40% higher than the previous year. In addition, Aston Martin Valkyrie production continues to pick up pace. The Company is delighted with the customer and market reaction to new model derivatives and its recently enhanced management team are increasingly focussed on new model launches from 2023 onwards.
As noted at the Full Year 2022 results on 23 February 2022 and Annual General Meeting on 25 May 2022, the Company regularly keeps its funding options under review. Any funding option, if explored and executed, would be to support and accelerate the Company's future growth.
https://otp.tools.investis.com/clients/uk/astonmartin/rns/regulatory-story.aspx?cid=2424&newsid=1601053
- This is still only a proposal and needs to be approved by the shareholders.
- The board rejected a 1.3 Billion proposal from the Atlas Consortium (Geely) because current shareholders would not benefit enough.
- Current shareholders do not benefit but Stroll and Yew Tree get a chance to still make good money in the long term if they can make the company healthy. By rejecting the Atlas proposal Stroll places his own interests over that of the company.
- It would not surprise me if the Atlas Consortium will come back with a new proposal. Stroll said what he wantend, to benefit personally from a deal. If they add that things might go that direction.
- Stroll is a true salesman: ""Today's announcement marks the latest success in the evolution of Aston Martin, .." Yeah like it was planned to need another big investment..
Basically the same rumour as Autocar. But if it's just a seat in the board for 200M without any additional shares... It's should be only good then.