Employee Stock Option/ Share Scheme::ISSUE OF EQUITY ON EXERCISE OF WARRANTS

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
Employee Stock Option/ Share Scheme
Date &Time of Broadcast
13-May-2016 18:13:19
Status
New
Announcement Sub Title
ISSUE OF EQUITY ON EXERCISE OF WARRANTS
Announcement Reference
SG160513OTHRWLUR
Submitted By (Co./ Ind. Name)
AVATION PLC / DUNCAN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
13/05/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
The Board of Avation PLC (LSE: AVAP), announces that on 13 May 2016, the Company allotted 121,500 fully paid new ordinary shares representing 0.22 per cent of the enlarged capital of the Company pursuant to the exercise of the 2013 series warrants at a price of 110 pence, conditional only on admission of the new ordinary shares to the Official List and to trading on the London Stock Exchange s main market for listed securities becoming effective ("Admission").

Attachments

avap_rns_notice of exercise of warrant_13May16.pdf
Total size =7K