Avation PLC - Transaction in Own Shares

RNS Number : 1962G

Avation PLC

22 July 2019

AVATION PLC

("Avation" or "the Company")

TRANSACTION IN OWN SHARES

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, announces that on 19 July 2019 the Company repurchased 300,000 ordinary shares. The shares were acquired through the market for 272 pence per share and will be held in treasury.

The Company now holds 600,000 treasury shares. Treasury shares are not taken into consideration in relation to the payment of dividends and voting at shareholder meetings.

There are 64,609,939 ordinary shares of the Company in issue. Following this transaction there are 64,009,939 total voting rights for the purpose of calculating shareholders' percentage voting rights.

-ENDS-

Enquiries:

Avation

Jeff Chatfield, Executive Chairman

T: +65 6252 2077

Avation welcomes shareholder questions and comments and advises the email address is: [email protected]

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 international airlines across the globe.

More information on Avation is available at www.avation.net.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

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Quick facts: Avation PLC

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Market: LSE

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