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

AvationAnnouncement

21/06/2022 08:15

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RNS Number : 5259P  Avation PLC  21 June 2022

Via RNS and SGXNET

AVATION PLC

("Avation" or "the Company")

 

SENIOR NOTES MATURITY EXTENSION - WARRANTS LISTING

 

Avation PLC (AVAP: LSE), the commercial passenger aircraft leasing company
advises that further to the announcements on 15 March 2022 and 10 May 2022,
the prospectus relating to the listing of the Bondholder Warrants has been
approved by the UK Financial Conduct Authority and has been published.

 

The Bondholder Warrants are expected to be admitted to the standard segment of
the Official List and admitted to trading on the Main Market for listed
securities of the London Stock Exchange plc from 8 am on 24 June 2022
("Admission"). The Bondholder Warrants will have the ticker: AVAW and ISIN:
GB00BNK93641.

 

At Admission, there will be 5,857,408 Bondholder Warrants in issue. The
Bondholder Warrants have an exercise price of 114.5 pence for each ordinary
share in the capital of the Company subscribed for and the final exercise date
is 31 October 2026.

 

Once Admission takes place, this will finally and fully discharge the
Company's obligations pursuant to the maturity extension exercise carried out
in March 2021 relating to the Company's senior notes.

 

A notice has been sent to holders of the Bondholder Warrants which can also be
found on the Company's website in the notices section.

 

 

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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