Facilities by ADF plc (ADF) ORD GBP0.01

What is happening?

Facilities by ADF (ADF) have announced their intention to raise up to £10.5m via a Placing (for Institutional Investors) and a Retail Offer (for Individual Investors).

Facilities by ADF (ADF) have decided not to issue a Prospectus as part of the fundraising. This means that the Retail Offer has been limited to the Sterling equivalent of €8 million and may only be open for a number of hours. It also means that information relating to the fundraising is limited to the Company announcement.

• Applications are due to close at 3:30pm on Thursday 29 August. Due to the nature of the fundraising, applications can close at any time and without prior warning.

• Shares are being offered at a fixed price of 50 pence.

• The minimum application for the Retail Offer is £500.

• By applying for shares in the Retail Offer you are deemed to have read, understood and agreed to the HL Retail Offer Risk Warnings, Terms and Conditions and the Company Announcement.

• Hargreaves Lansdown will receive 0.6% commission from the Issuer as part of the Offer.

• The Retail Offer is capped at a maximum of £500,000, meaning that if the total value of applications received by the Issuer exceeds this figure, a scaling back policy is likely to be applied.

What are my options?

Option 1 – Do Nothing. If you do not return an election by the deadline of 3:30pm on Thursday 29 August, the Offer will lapse.

Option 2 – You can choose to buy new Shares at 50 pence. If you wish to submit an order outside of the product you currently hold your shares, please leave a note in the comments section of the application.

When do I have to decide by?

Any instruction to participate in the Retail Offer must be received by 3:30pm on Thursday 29 August. If no instruction is received the Offer will lapse.

Before submitting an instruction, you should carefully read the Company Announcement, HL Retail Offer Risk Warnings & Terms and Conditions which are attached to the Retail Offer notification. You can find this in the Secure Messaging Centre of your online account. By submitting an instruction, you are deemed to have read and understood these documents as well as agreed to any terms within.

What happens after I apply?

If you apply for shares you will receive two Secure Messages. The first will confirm your application and be sent shortly after 4:30pm on Thursday 29 August. The second will confirm how many shares you have been allocated and be sent once the results have been announced on Friday 30 August.

You can view your application in the Pending Orders tab of your online account from midday on Friday 30 August.

Your new shares will be credited shortly before 8am on Tuesday 10 September. Please note admission is subject to the approval of a resolution at the General Meeting expected to be convened on Monday 09 September. This may be delayed in the event the company does not deliver your shares to us by this time.

To assist the Company during the allocation process, we may be required to disclose the number of Facilities by ADF (ADF) shares you hold with Hargreaves Lansdown. We will do this by calculating the shares held in your Hargreaves Lansdown account at the close of business on Thursday 22 August.

It should be noted that a subscription for the Retail Shares and any investment in the Company carry a number of risks. Investors should make their own investigations into the merits of an investment in the Company. This message is not personal advice and is a summary of the Facilities by ADF (ADF) announcement.

If you require any assistance, please contact our Helpdesk on 0117 900 9000.