Jan 31, 2020 / 07:45AM GMT
Operator
Good morning, and welcome, everyone, to the Aston Martin Lagonda call. I must advise you that this conference is being recorded today.
And I would now like to hand the call over to Mrs. Penny Hughes, Chairman. Thank you. Please go ahead.
Penelope Lesley Hughes - Aston Martin Lagonda Global Holdings plc - Non-Executive Chairman of the Board
Thank you, operator. Good morning, everyone, and welcome to the Aston Martin Lagonda call. I'm Penny Hughes, Chair of Aston Martin Lagonda. And I'm joined by Andy Palmer, our Chief Executive; and Mark Wilson, CFO. I will be making some opening comments, and then I will hand over to Andy. And at the end, the 3 of us will then be happy to take your questions.
Today, as you would have seen, we are announcing a strategic equity investment by a consortium led by Lawrence Stroll, and proposal for a rights issue, which together will raise GBP 500 million. In addition, we're making important revisions to our business plan.
The difficult trading performance in 2019 resulted in severe pressure on liquidity.
Aston Martin Lagonda Global Holdings plc - Special Call Transcript
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