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WARRANT EXERCISE AND DIRECTORS’ DEALING
Avation PLC announced the allotment of 86,058 new ordinary shares on May 12, 2026, due to the exercise of staff share warrants, with all warrants from this series now exercised or lapsed. Following admission to the London Stock Exchange, expected around May 19, 2026, the company will have 60,105,058 total voting rights. Directors Robert Jeffries Chatfield, Roderic Douglas Mahoney, and Mark Stephen Shelton subscribed for 29,616, 25,000, and 1,224 ordinary shares respectively, increasing their holdings to represent 21.13%, 1.40%, and 0.07% of total voting rights. Disclaimer*
About this update from Avation Plc
[{"type":"text","content":"\n\nVia RNS and SGXNET\n \nAVATION PLC\n \nWARRANT EXERCISE AND DIRECTORS' DEALING\n \nAvation 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.\nThe 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.\nThe 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.\nFollowing 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.\nDIRECTORS' DEALING\nRobert 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.\nRoderic 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.\nMark 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.\n \n \n-ENDS-\n \nEnquiries:\nAvation PLC - Jeff...