Director/PDMR Shareholding

Avation PLC

10 June 2024

 

 Via RNS and SGXNET

AVATION PLC

("Avation" or "the Company")

DIRECTORS' DEALING

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company advises that Roderick Douglas Mahoney, a non-executive director, has sold 140,000 ordinary shares in the capital of the Company through the market at an average price of 143.25 pence per share. Following this transaction, Mr Mahoney holds 730,000 ordinary shares, representing 1.03 per cent of the Company's issued share capital.

-ENDS-

Enquiries:

Avation PLC - Jeff Chatfield, Executive Chairman                                      [phone]

Avation welcomes shareholder questions and comments and advises the email address is: [e-mail]

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 airlines around the world. More information on Avation is available at www.avation.net.

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication of this announcement via Regulatory Information Service ('RIS'), this inside information is now considered to be in the public domain.

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCAs") with them.

1.	Details of the PDMR / person closely associated
a)	Name	Roderick Douglas Mahoney
2.	Reason for the notification
a)	Position / status	Non-executive director
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Avation PLC
b)	LEI	213800KA972GUP1B6I78
4.	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Ordinary Shares ISIN: GB00B196F554 SEDOL: B196F55
b)	Nature of the transaction	On-market sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 143.25 p 140,000
d)	Aggregated information	See above
	-      Aggregated volume
	-      Price
e)	Date of the transaction	7 June 2024
f)	Place of the transaction	London Stock Exchange

 

END