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
Contact:
Jeff Chatfield
Executive Chairman
Tel: +65 6252 2077
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