General Announcement::GBP EXPOSURE

Issuer & Securities

Issuer/ Manager
AVATION CAPITAL S.A.
Securities
AVATIONCAPUS$100M7.5%N200527A - US05351QAA40 - 29YB
AVATIONCAPUS$100M7.5%N200527R - USL5647NAA20 - 29ZB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
24-Jun-2016 15:33:58
Status
New
Announcement Sub Title
GBP EXPOSURE
Announcement Reference
SG160624OTHRGZYN
Submitted By (Co./ Ind. Name)
Avation PLC / Duncan Scott
Designation
General Counsel
Effective Date and Time of the event
24/06/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
Avation, the commercial passenger leasing company, observes the outcome of the referendum and reminds shareholders that all revenues, aircraft assets and associated borrowings are denominated in US currency. Furthermore, the Company has no exposure to GBP derivatives. The Company should be considered to have the United States currency as its operational and reporting currency.

As at the date of this announcement the Company owns 38 commercial passenger aircraft.

Attachments

avap_rns_brexit jun16.pdf
Total size =4K