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Transaction in Own Shares

28th Feb 2025 07:00

RNS Number : 8668Y
Avation PLC
28 February 2025
 

Via RNS and SGXNET

AVATION PLC

("Avation" or "the Company")

 

TRANSACTION IN OWN SHARES AND TOTAL VOTING RIGHTS

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, announces that on 28 February 2025 the Company repurchased 300,000 ordinary shares through the market at a price of 138 pence per share, representing a significant discount to the Company's net asset value per share at 31 December 2024 of £2.94 (unaudited). The repurchased shares will be held in treasury.

There are now 74,671,886 ordinary shares in issue with 8,100,000 shares held in treasury. The total number of voting rights in the Company is therefore 66,571,886. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

-ENDS-

Enquiries:

Avation PLC - Jeff Chatfield, Executive Chairman +65 6252 2077

Avation welcomes shareholder questions and comments and advises the email address for questions is: [email protected] and the Company provides an investor Q & A during the conference call associated with release of results. The head office telephone number is +65 62522077. On X #AVAP.

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 commercial airlines around the world. More information on Avation is available at www.avation.net.

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END
 
 
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