A Aston Martin DB12 is shown in the Mayfair exhibition hall in Park Lane on January 9, 2025 in London, England.
John Keeble | Getty Images News | Getty images
Actions of Aston Martin He jumped up to 13% on Monday after the British luxury car manufacturer said he will collect more than £ 125 million ($ 161.7 million) through the financing of the investment vehicle of President Lawrence Stroll and the sale of a minority participation in the Formula One racing equipment.
Yew Tree Consortium, an investment vehicle led by the Canadian billionaire ride, is paying around £ 52.5 million to increase its participation in the historic British car manufacturer.
Stroll’s participation in the company is prepared to increase approximately 33% of approximately 27.7% as part of the transaction.
Aston Martin, famous for both his role in James Bond films and in his history of financial ups and downs, also said he intends to sell his minority investment in the Formula One team of Aston Martin Aramco to raise at least £ 74 million.
Aston Martin’s shares ended the session a 7% higher, reducing the previous profits. London’s shares quote around 39% in the year to date.
“This renewed support of Lawrence and its members of the Yew Tree Consortium underlines its immense confidence in our team and the future of the company,” said Aston Martin’s CEO, Adrian Hallmark, in a statement.
“By strengthening the balance sheet, this investment provides an additional head space to support our future activities of product innovation and commercial transformation, which combined, will accelerate our progress to be a sustainably profitable company,” he added.
Lawrence Stroll in Canada and Aston Martin Aramco F1 team appear in the Pit Lane before the Australian F1 Grand Prix at the Albert Park circuit in Melbourne, Australia, on March 15, 2025.
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Aston Martin announced plans last month to reduce 170 jobs, approximately 5% of its global workforce, after moving to a loss in the fourth quarter.
Stroll said Monday that he was happy to underline his “unwavering support and commitment” with Aston Martin, after investments of around £ 600 million in the company since 2020.
“This proposed investment further underlines my conviction in this extraordinary brand, and the commitment to ensure that Aston Martin has the strongest possible platform to create a long -term value while reducing the dilution of capital through this premium subscription, which should reassure the shareholders to a large extent, since my long -term property in the company,” he said in the State.
