Avation PLCLSE: AVAP

Avation: Issue of equity on warrants exercise

· Issued by Avation PLC via RNS

Summary by 6ix AI

Avation PLC, a Singapore-based commercial passenger aircraft leasing company, allotted 1,462,956 fully paid new ordinary shares, about 2.41 per cent of its enlarged capital, after holders exercised the company's listed warrants (the AVAW Warrants).

Key details

  • No AVAW Warrants remain outstanding.
  • Following Admission, there will be a total of 60,683,757 ordinary shares in issue, with 100,000 shares held in treasury and 60,583,757 total voting rights.
  • The new shares rank equally in all respects with existing ordinary shares, including the right to dividends and other distributions declared after Admission.

What’s still pending

  • The share issue is subject to the new shares being admitted to the Official List and to trading on the London Stock Exchange's main market (Admission).
  • Admission and dealings in the new shares are expected to begin on or around November 13, 2026.

6ix AI wrote this summary from the release below and checked it against the release.

Avation PLC
04 November 2026
 

AVATION PLC

ISSUE OF EQUITY ON WARRANTS EXERCISE

Avation PLC (LSE: AVAP, "Avation" or "the Company"), the commercial passenger aircraft leasing company, announces that the Company allotted 1,462,956 fully paid new ordinary shares representing approximately 2.41 per cent of the Company's enlarged capital pursuant to the exercise of the Company's listed warrants (the "AVAW Warrants").

The issue of the new shares is subject to their admission to the Official List and to trading on the London Stock Exchange's main market for listed securities becoming effective ("Admission"). It is expected that Admission will become effective and dealings in the new ordinary shares will commence on or around 13 November 2026.

The new ordinary shares 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 a total of 60,683,757 ordinary shares in issue, with 100,000 shares held in treasury and 60,583,757 total voting rights. No AVAW Warrants remain outstanding.

-ENDS-

Enquiries:

Avation PLC - Jeff Chatfield, Executive Chairman

Avation welcomes shareholder questions and comments and advises the email address is: investor@avation.net and the Company provides an investor Q & A during the update call associated with the release of results. The head office telephone number is +65 6252 2077.

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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