Amedeo Air Four Plus Limited Acquisition of Asset (1370G)
24 May 2017 - 11:44PM
UK Regulatory
TIDMAA4
RNS Number : 1370G
Amedeo Air Four Plus Limited
24 May 2017
THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT
FOR PUBLICATION, RELEASE, OR DISTRIBUTION, DIRECTLY OR INDIRECTLY,
IN, OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA,
JAPAN OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. THE
INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF
SECURITIES FOR SALE IN ANY JURISDICTION IN WHICH SUCH AN OFFER OR
SOLICITATION IS UNLAWFUL.
AMEDEO AIR FOUR PLUS LIMITED
Acquisition of Asset
24 May, 2017
As anticipated in the Company's Supplementary Prospectus dated 5
January, 2017 (the "Supplementary Prospectus") Amedeo Air Four Plus
Limited (the "Company"), via its wholly-owned subsidiary AA4P Kappa
Limited ("AA4PK"), on 24 May, 2017 purchased one A380-800 aircraft
bearing manufacturer's serial number 237 (the "Aircraft").
Upon delivery of the Aircraft, AA4PK also entered into an
aircraft lease agreement with Etihad Airways PJSC ("Etihad")
pursuant to which the Aircraft has been leased to Etihad for a term
of 12 years.
Following this purchase, the Company now owns eight A380-800 and
two B777-300ER aircraft each of which have been leased to either
Etihad or Emirates Airline, as applicable.
About the Company
The Company is a Guernsey-domiciled company, with shares
admitted to trading on the Specialist Fund Segment of the London
Stock Exchange's Main Market (LSE: AA4).
The Company's investment objective is to obtain income returns
and a capital return for its Shareholders by acquiring, leasing and
then selling aircraft (the "Assets").
To pursue its investment objective, the Company will seek to use
the net proceeds of placings and/or other equity capital raisings,
together with financing facilities (or instruments), to acquire
widebody or other aircraft which will be leased to one or more
major airlines.
The Company aims to provide Shareholders with an attractive
total return comprising income from distributions through the
period of the Company's ownership of the Assets and capital upon
the sale of the Assets.
It is anticipated that income distributions will be made to
Shareholders quarterly, subject to compliance with applicable laws
and regulations. The Company currently targets a distribution to
investors of 2.0625 pence per Share per quarter as detailed in the
Supplementary Prospectus.
Defined terms used in this announcement shall have the same
meaning as ascribed to them in the Company's Supplementary
Prospectus dated 5 January, 2017.
For further information, please contact:
For administrative and company information:
JTC Fund Solutions (Guernsey) Limited
+44 (0) 1481 702 400
For shareholder information:
Nimrod Capital LLP
Richard Bolchover
Marc Gordon
+44 (0) 20 7382 4565
END OF ANNOUNCEMENT
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This information is provided by RNS
The company news service from the London Stock Exchange
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May 24, 2017 09:44 ET (13:44 GMT)
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