Notification of Major Interest in Shares

RNS Number : 9287D

Avation PLC

30 March 2011

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				AVATION PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					√
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):	Pursuant to the placing completed on 30 March 2011				√
3. Full name of person(s) subject to the notification obligation: iii		Robert Jeffries Chatfield
4. Full name of shareholder(s)  (if different from 3.):iv		Not Applicable
5. Date of the transaction and date on which the threshold is crossed or reached: v		30 March 2011
6. Date on which issuer notified:		30 March 2011
7. Threshold(s) that is/are crossed or reached: vi, vii		Above 5%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary shares

6,713,211

6,713,211

1

1

6,863,210

0.0000026%

17.81%

GB00B196F554

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

Not Applicable

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Not Applicable

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

6,863,211

17.81%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
The 150,000 shares were acquired by Epsom Assets Ltd, a company in which Mr Chatfield, a director and Chairman of Avation PLC has a beneficial interest.
Proxy Voting:
10. Name of the proxy holder:		Not Applicable
11. Number of voting rights proxy holder will cease to hold:		Not Applicable
12. Date on which proxy holder will cease to hold voting rights:		Not Applicable
13. Additional information:	Not Applicable
14. Contact name:	Mr Peter Freeman Ms Siobhan Cool/Ms Carissa Gina Tan*
15. Contact telephone number:	[phone] [phone]*

Note: Annex should only be submitted to the FSA not the issuer
Annex: Notification of major interests in share
A: Identity of the persons or legal entity subject to the notification obligation
Full name (including legal form of legal entities)	Robert Jeffries Chatfield
Contact address (registered office for legal entities)	c/o 510 Thomson Road #12-04 SLF Building Singapore 298135
Phone number & email	[phone]
Other useful information (at least legal representative for legal persons)	Not Applicable
B: Identity of the notifier, if applicable
Full name	Ms Siobhan Cool/Ms Carissa Gina Tan
Contact address	510 Thomson Road #12-04 SLF Building Singapore 298135
Phone number & email	[phone] Siobhan Cool - [e-mail] Carissa Gina Tan - [e-mail]
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)	Siobhan Cool - Group Legal Counsel Carissa Gina Tan - Company Secretary
C: Additional information
Not Applicable
For notes on how to complete form TR-1 please see the FSA website.

 

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