logo-loader
viewAvation PLC

ADMISSION OF NEW ORDINARY SHARES

/**/ ol{margin-bottom:0cm;}ul{margin-bottom:0cm;}link{ color: #0563C1 }visited{ color: purple } .n{size:595.3pt 841.9pt;margin:72.0pt 72.0pt 2.0cm 72.0pt;}div.n{}p.ah{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; margin-bottom: 0cm; text-align: center}span.af{font-family:"Arial","sans-serif"}p.ai{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align: center}p.aj{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: 110%; margin-bottom: 0cm; text-align: center}span.ac{font-family: "Arial","sans-serif"}p.ak{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: 115%; margin-bottom: 0cm; text-align: justify; text-justify: inter-ideograph}p.al{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;text-justify:inter-ideograph;line-height:115%}span.z{color:black} p.am{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";line-height: 115%; text-align: center}p.an{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";text-align:justify;text-justify:inter-ideograph; line-height:115%}p.ao{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-weight: bold; line-height: 115%; text-align: justify; text-justify: inter-ideograph}table.ap{margin-left:-5.4pt;border-collapse:collapse}tr.r{height:39.2pt}td.u{width:242.7pt;padding:0cm 5.4pt 0cm 5.4pt; height:39.2pt}td.t{width:17.55pt;padding:0cm 5.4pt 0cm 5.4pt; height:39.2pt}td.s{width:130.95pt;padding:0cm 5.4pt 0cm 5.4pt; height:39.2pt}p.aq{margin-top:0cm;margin-right:0cm;margin-bottom:8.0pt;margin-left:0cm;line-height:107%;font-size:11.0pt;font-family:"Calibri","sans-serif";font-div: italic; line-height: 115%; text-align: justify; text-justify: inter-ideograph}span.o{font-family:"Arial","sans-serif";color:black} /**/
RNS Number : 9597N
Avation PLC
27 September 2019
 

AVATION PLC

("Avation" or "the Company")

ADMISSION OF NEW ORDINARY SHARES,

TOTAL VOTING RIGHTS AND DIRECTOR'S DEALING

 

Further to the Company's announcement on 23 September 2019 in relation to the allotment of 270,003 new ordinary shares in the capital of the Company (the "New Shares"), the Company announces that the listing of the New Shares in the standard segment of the Official List of the UK Listing Authority and the admission of the New Shares to trading on the London Stock Exchange's main market for listed securities ("Admission") became effective and that dealings commenced at 8.00 a.m. today.

 

The New Shares rank pari passu in all respects with the existing ordinary shares of the Company with ISIN GB00B196F554.

 

Following Admission, there will be a total of 64,879,942 ordinary shares in issue. The Company currently holds 850,500 ordinary shares in treasury. Accordingly, following Admission there are 64,029,442 total voting rights for the purpose of calculating shareholders' percentage voting rights.

 

DIRECTOR'S DEALING

 

Roderick Mahoney, a director, increased his holding in ordinary shares to 756,667 as part of the allotment referred to above. This represents approximate 1.17 of the enlarged issued share capital and was done by way of the exercise of warrants for 56,667 ordinary shares at an exercise price of 215 pence per share. This was part of the staff warrant exercise announced on 23 September 2019.

 

 

-ENDS-

More information on Avation can be seen at: www.avation.net

Enquiries:

Avation

Jeff Chatfield, Executive Chairman


T: +65 6252 2077

 

Notes to Editors:

Avation PLC is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to airlines around the world.

More information on Avation can be seen at: www.avation.net.


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
IOESEWSUWFUSEEU

Quick facts: Avation PLC

Price: 322.5

Market: LSE
Market Cap: £202.24 m
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Avation PLC soaring as it reports record revenue, profit and...

Avation PLC's (LON:AVAP) Richard Wolanski caught up with Proactive London's Andrew Scott following the release of the aircraft leasing company's full year results to June 2019. The firm achieved both record revenues and profits and investors were rewarded with a bumper dividend pay-out too.

on 11/9/19

RNS

Form 8.3 - Avation plc

9 hours, 22 minutes ago

Form 8.5 - Avation PLC

12 hours, 33 minutes ago

Form 8.5 - Avation Plc

3 days, 12 hours ago

Form 8.5 - Avation Plc

4 days, 12 hours ago

Form 8.3 - Avation plc

6 days, 9 hours ago

Form 8.5 - Avation Plc

6 days, 11 hours ago

Form 8.3 - Avation Plc

6 days, 13 hours ago