REG - Avation PLC - ISSUE OF EQUITY

AvationAnnouncement

04/09/2025 11:00

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RNS Number : 0489Y  Avation PLC  04 September 2025

 Via RNS and SGXNET

AVATION PLC

("Avation" or "the Company")

ISSUE OF EQUITY ON EXERCISE OF WARRANTS

The Board of Avation PLC (LSE: AVAP), announces that the Company allotted
47,981 fully paid new ordinary shares representing approximately 0.07 per cent
of the enlarged capital of the Company pursuant to the exercise the Company's
listed warrants (LSE:AVAW). The listed warrants have an exercise price of
114.5 pence per share.

The allotment of shares is conditional only on admission of the new shares to
the Official List and to trading on the London Stock Exchange's main market
for listed securities becoming effective ("Admission"). Application will be
made for the new ordinary shares to be listed on the Official List of the UK
Listing Authority and to be admitted to trading on the London Stock Exchange's
main market for listed securities. It is expected that Admission will become
effective and that dealings in the new ordinary shares will commence on or
around 10 September 2025.

The new ordinary shares will, when issued, rank pari passu in all respects
with the existing ordinary shares including the right to receive dividends and
other distributions declared Following Admission.

Following Admission, there will be a total of 66,636,738 ordinary shares in
issue, with 215,000 shares held in treasury. Following Admission there will be
66,421,738 total voting rights for the purpose of calculating shareholders'
percentage voting rights.

AVAW Listed Warrants in Issue

In addition to the exercise of listed warrants, the Company announces that
separately it agreed to settle the exercise of 14,350 listed warrants by way
of a cash payment.

On completion of the allotment of shares to exercising holders of the listed
warrants referred to above, the total number of listed warrants in issue will
be 5,680,073.

 

-ENDS-

Enquiries:

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

Avation welcomes shareholder questions and comments and advises the email
address for questions is: investor@avation.net (mailto:investor@avation.net)
and the Company provides an investor Q & A during the conference call
associated with release of results. The head office telephone number is +65
62522077.

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 is
available at www.avation.net (http://www.avation.net) .

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulations
(EU) No. 596/2014 as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018. Upon the publication of this
announcement via Regulatory Information Service, this inside information is
now considered to be in the public domain.

 

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