REG - Avation PLC - SENIOR NOTES EXTENSION - WARRANTS LISTING UPDATE

AvationAnnouncement

13/05/2022 09:15

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RNS Number : 4164L  Avation PLC  13 May 2022

Via RNS and SGXNET

AVATION PLC

("Avation" or "the Company")

 

SENIOR NOTES MATURITY EXTENSION - WARRANTS LISTING UPDATE

 

Avation PLC (AVAP: LSE), the commercial passenger aircraft leasing company
advises that, further to the announcement made on 15 March 2022, it continues
the process of seeking approval from the UK Financial Conduct Authority
("FCA") for its prospectus relating to the listing of the warrants (the
"Bondholder Warrants") issued to bondholders pursuant to the maturity
extension exercise. The FCA closed for two weeks over Easter which caused a
delay in the previously announced timetable. Subject to approval being
obtained from the FCA, the Company currently expects admission of the
Bondholder Warrants to trading on the Main Market for listed securities of the
London Stock Exchange plc to take place on or around 30 May 2022. Further
announcements will follow in due course as we approach completion of this
exercise.

 

In order to be able to trade the Bondholder Warrants via CREST, holders will
need to liaise with their brokers or custodians so that the warrants can be
transferred into uncertificated form. This process will be managed by the
Company's registrar, Computershare Investor Services PLC.

 

Holders of the Bondholder Warrants are advised to refer to the notice to
warrantholders which can be found on the Company's website at the following
link:

 

https://www.avation.net/notices.html (https://www.avation.net/notices.html)

 

 

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 (mailto:investor@avation.net)

 

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.

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