REG - Avation PLC - WARRANT EXERCISE AND DIRECTORS’ DEALING

AvationAnnouncement

Wed 13:30

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RNS Number : 2045E  Avation PLC  13 May 2026

Via RNS and SGXNET

 

AVATION PLC

 

WARRANT EXERCISE AND DIRECTORS' DEALING

 

Avation PLC (LSE: AVAP, Avation or "the Company"), the commercial passenger
aircraft leasing company announces that on 12 May 2026, the Company allotted
86,058 fully paid new ordinary shares representing approximately 0.143 per
cent of the total voting rights of the Company pursuant to the exercise of
series 2023 staff share warrants. All warrants from this series have now been
exercise or have lapsed.

The allotments of shares are 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 19 May 2026.

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 66,921,124 ordinary shares in issue with
6,816,066 held in treasury and total voting rights of 60,105,058.

DIRECTORS' DEALING

Robert Jeffries Chatfield, a director, subscribed (via a company in which he
is interested) for 29,616 ordinary shares as part of this allotment.
Accordingly, his direct and indirect holdings in ordinary shares will be
12,700,858 on Admission becoming effective, which represents 21.13 per cent of
total voting rights.

Roderic Douglas Mahoney, a director, subscribed for 25,000 ordinary shares as
part of this allotment. Accordingly, his direct and indirect holdings in
ordinary shares will be 843,784 on Admission becoming effective, which
represents 1.40 per cent of the total voting rights.

Mark Stephen Shelton, a director, subscribed for 1,224 ordinary shares as part
of this allotment. Accordingly, his direct and indirect holdings in ordinary
shares will be 42,206 on Admission becoming effective, which represents 0.07
per cent of the total voting rights.

 

 

-ENDS-

 

Enquiries:

Avation PLC - Jeff Chatfield, Executive Chairman

Tel: +65 6252 2077

 

Avation welcomes shareholder questions and comments. Please direct enquiries
to:

investor@avation.net

 

Notes to Editors:

Avation PLC is a Singapore‑headquartered aircraft leasing company that owns
and manages a fleet of commercial passenger aircraft leased to airlines
worldwide. Further information is available at 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.

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities ("PDMRs") and persons closely associated ("PCAs")
with them.

 

 1.  Details of the PDMR / person closely associated
 a)  Name                                                         Robert Jeffries Chatfield
 2.  Reason for the notification
 a)  Position / status                                            Executive Chairman
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Avation PLC
 b)  LEI                                                          213800KA972GUP1B6I78
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of £0.01 each

     Identification code                                          GB00B196F554 (ISIN)
 b)  Nature of the transaction                                    Exercise of warrants to subscribe for ordinary shares
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                                  £1.26     15,000

                                                                  £NIL      14,616

 d)  Aggregated information                                       See above
     -      Aggregated volume
     -      Price
 e)  Date of the transaction                                      12 May 2026
 f)  Place of the transaction                                     London Stock Exchange

d)

Aggregated information

See above

 

-      Aggregated volume

 

 

-      Price

 

e)

Date of the transaction

12 May 2026

f)

Place of the transaction

London Stock Exchange

 

 1.  Details of the PDMR / person closely associated
 a)  Name                                                         Roderick Douglas Mahoney
 2.  Reason for the notification
 a)  Position / status                                            Director
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Avation PLC
 b)  LEI                                                          213800KA972GUP1B6I78
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of £0.01 each

     Identification code                                          GB00B196F554 (ISIN)
 b)  Nature of the transaction                                    Transfer of beneficial ownership pursuant to the terms of a trust
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                                  £1.26     25,000

 d)  Aggregated information                                       See above
     -      Aggregated volume
     -      Price
 e)  Date of the transaction                                      12 May 2026
 f)  Place of the transaction                                     NA

d)

Aggregated information

See above

 

-      Aggregated volume

 

 

-      Price

 

e)

Date of the transaction

12 May 2026

f)

Place of the transaction

NA

 

 

 1.  Details of the PDMR / person closely associated
 a)  Name                                                         Mark Stephen Shelton
 2.  Reason for the notification
 a)  Position / status                                            Director
 b)  Initial notification / amendment                             Initial notification
 3.  Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         Avation PLC
 b)  LEI                                                          213800KA972GUP1B6I78
 4.  Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of £0.01 each

     Identification code                                          GB00B196F554 (ISIN)
 b)  Nature of the transaction                                    Transfer of beneficial ownership pursuant to the terms of a trust
 c)  Price(s) and volume(s)                                       Price(s)  Volume(s)

                                                                  £NIL      1,224

 d)  Aggregated information                                       See above
     -      Aggregated volume
     -      Price
 e)  Date of the transaction                                      12 May 2026
 f)  Place of the transaction                                     NA

d)

Aggregated information

See above

 

-      Aggregated volume

 

 

-      Price

 

e)

Date of the transaction

12 May 2026

f)

Place of the transaction

NA

 

 

 

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