Employee Stock Option/ Share Scheme::TREASURY SHARES, ADMISSION OF NEW ORDINARY SHARES AND TOTAL VOTING RIGHTS

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
24-Mar-2017 15:09:09
Status
New
Announcement Sub Title
TREASURY SHARES, ADMISSION OF NEW ORDINARY SHARES AND TOTAL VOTING RIGHTS
Announcement Reference
SG170324OTHRFHH0
Submitted By (Co./ Ind. Name)
AVATION PLC / DUNCAN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
24/03/2017 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 23 March 2017, the Company sold 600 ordinary shares from treasury through the market at a price of 205 pence per share. Following this sale, the Company will have no shares held in treasury.

ADMISSION OF NEW ORDINARY SHARES
Further to the Company's announcement on 20 March 2017 in relation to the allotment of 326,310 new ordinary shares in the capital of the Company (the 'New Shares'), the Company announces that the listing of the New Shares to the standard segment of the Official List of the UK Listing Authority and the admission of the New Shares to trading on the London Stock Exchange's main market for listed securities ('Admission') became effective and that dealings commenced trading at 8.00 a.m. today.

The New Shares rank pari passu in all respects with the existing ordinary shares of the Company with ISIN GB001B196F554.

TOTAL VOTING RIGHTS
Following Admission and the sale of treasury shares, there will be a total of 59,255,246 ordinary shares in issue. For the purposes of calculating Total Voting Rights shareholders may use the number 59,255,246 as the total number of shares in issue from the date of Admission.

CORRECTION
On 20 March 2017, the Company announced that Derek Sharples acquired ordinary shares in the Company at 2.18 pence per share. The correct price was 218 pence per share.

Attachments

avap_rns_admission_326310_24mar17_final.pdf
Total size =73K