Facilities by ADF is the first AIM new admission of 2022. It provides vehicles and services to the film and TV industry, predominantly in the UK but also in Europe. There was a tough period during lockdown, but demand has returned. Strong relationships with production companies help the company to win business.
The £13m net that Facilities by ADF has raised will be invested in much needed additional capacity. The company is already nearly fully booked for this year.
The share price opened at 52p and ended the day at 54.5p. There were 775,000 shares traded during the day. That includes a...