Avation PLC Transaction in Own Shares
03 March 2025 - 6:00PM
RNS Regulatory News
RNS Number : 0543Z
Avation PLC
03 March 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 30,000 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 8,130,000 shares held in treasury. The total
number of voting rights in the Company is therefore
66,541,886. 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: investor@avation.net
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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