General Announcement::ISSUE OF EQUITY ON EXERCISE OF WARRANTS AND DIRECTOR S DEALING

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
11-Dec-2017 12:18:35
Status
New
Announcement Sub Title
ISSUE OF EQUITY ON EXERCISE OF WARRANTS AND DIRECTOR S DEALING
Announcement Reference
SG171211OTHRMO8C
Submitted By (Co./ Ind. Name)
DUNCAN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
08/12/2017 11:00:00
Description (Please provide a detailed description of the event in the box below)
The Board of Avation PLC LSE AVAP, announces that on 8 December 2017, the Company allotted 949,000 fully paid new ordinary shares representing 1.5 per cent of the enlarged capital of the Company pursuant to the exercise of 949,000 2014 series warrants at a price of 153 pence per share, conditional only on admission of the new shares to the Official List and to trading on the London Stock Exchange s main market for listed securities becoming effective Admission. The exercise of these warrants will provide the Company with 1,451,970 in subscription proceeds which the Company will use for general corporate purposes.

Attachments

avap_rns_exercise of warrants dec17.pdf
Total size =260K