REG - Amedeo Air Four Plus - Thai Rehabilitation Plan Update

Amedeo Air Four PlusAnnouncement

12/05/2021 14:40

RNS Number : 4228Y
  
Amedeo Air Four Plus Limited
  
12 May 2021
  
 

12 May 2021
 
AMEDEO AIR FOUR PLUS LIMITED (the "Company")
(LSE: AA4, LEI: 21380056PDNOTWERG107)

Thai Rehabilitation Plan Update
Further to the Company's announcement on 5 May 2021, the initial meeting with the Official Receiver to discuss and vote upon the Rehabilitation Plan for Thai Airways occurred, as expected, on 12 May at 9am Bangkok time by way of a virtual meeting.  In accordance with the Thailand Bankruptcy Act, in order to allow further time to consider certain proposed amendments to the Rehabilitation Plan tabled by the Official Receiver and certain creditors, a sufficient percentage of creditors voted to postpone the vote on the Plan.  The Court has granted a one week extension and the meeting to vote on the Rehabilitation Plan (and amendments to it) is now scheduled to occur on 19 May 2021.  The Company will make a further announcement thereafter. 


For further information, please contact:
JTC Fund Solutions (Guernsey) Limited
+44 (0) 1481 702 400
 

Liberum Capital Limited
Chris Clarke / Darren Vickers / Owen Matthews
+44 (0) 20 3100 2000
 
About the Company
The Company is a Guernsey-domiciled company, with shares admitted to trading on the Specialist Fund Segment of the London Stock Exchange's Main Market (LSE: AA4).
The Company's investment objective is to obtain income returns and a capital return for its Shareholders by acquiring, leasing and then selling aircraft.
 

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