REG - Avation PLC Avation PLC - AVAW - AVAW WARRANTS – ORDERLY EXERCISE PROCESS

AvationAnnouncement

07/11/2025 07:10

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RNS Number : 6569G  Avation PLC  07 November 2025

AVATION PLC

("Avation" or "the Company")

 

AVAW WARRANTS - ORDERLY EXERCISE PROCESS

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company
wishes to set out the process and timetable for the orderly exercise of its
listed warrants (LSE: AVAW) (the "Listed Warrants"), the consequent allotment
and issue of new ordinary shares and admission of such new ordinary shares to
the official list of the Financial Conduct Authority ("FCA") and to trading on
the main market for listed securities of the London Stock Exchange ("LSE"). As
the Company is required to pay fees in respect of each application for
admission of shares to the LSE, it wishes to aggregate the allotment and
admission of new shares arising from the exercise of Listed Warrants on a
quarterly basis.

The timetable for the next twelve months will be as follows:

         Exercise Notices to be received no later than:  Subscription Price (if any) to be received no later than:  Application to be made to FCA and LSE no later than*:  Issue and admission of new ordinary shares expected by*:

 1.      28 November 2025                                12 December 2025                                           15 December 2025                                       19 December 2025
 2.      27 February 2026                                13 March 2026                                              16 March 2026                                          20 March 2026
 3.      29 May 2026                                     12 June 2026                                               15 June 2026                                           19 June 2026
 4.      31 August 2026                                  11 September 2026                                          14 September 2026                                      18 September 2026
 5.      30 October 2026                                 13 November 2026                                           16 November 2026                                       20 November 2026

*dates are indicative only. Exercising holders will be communicated confirmed
dates in due course.

Please note that the Final Exercise Date of the Listed Warrants is 31 October
2026. Any Listed Warrants not exercised at the Final Exercise Date will lapse
and cease to be exercisable.

Should any holders of the Listed Warrants require expedited exercise of the
warrants in accordance with the terms of the Warrant Deed, holders remain free
to do so, albeit the Company believes that both holders of the Listed Warrants
and shareholders in the Company will be best served if the above process and
timetable is adhered to.

Further announcements will be made in due course, as we approach the
respective exercise dates.

 

-ENDS-

Enquiries:

Avation PLC - Jeff Chatfield, Executive
Chairman
+65 6252 2077

Avation welcomes shareholder questions and comments and advises the email
address is: investor@avation.net

Notes to Editors: Avation PLC is a commercial passenger aircraft leasing
company, headquartered in Singapore, owning and managing a fleet of widebody,
narrowbody jet and turboprop aircraft which it leases to airlines across the
world. The Company's customers include 15 commercial airlines in 14 countries.
Avation's fleet of aircraft is currently fully leased and utilised. The
Company is listed on the London Stock Exchange with ticker AVAP.L, more
information on Avation is available at www.avation.net.

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