AVATION PLC — Major Shareholding Notification 2011

Apr 1, 2011

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Avation PLC
AVAP
Notification of Major Interest in Shares
11:48 01-Apr-2011
1323E11

RNS Number : 1323E Avation PLC 01 April 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		X
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):
3. Full name of person(s) subject to the notification obligation: iii		Slater Investments Ltd
4. Full name of shareholder(s) (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v	31 March 2011
6. Date on which issuer notified:	1st April 2011
7. Threshold(s) that is/are crossed or reached: vi, vii	Above 3%

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
if possible using the ISIN CODE	Number Number of of Shares Voting Rights	Number of shares	Number of voting rights		% of voting rights x
		Direct	Direct xi	Indirect xii	Direct	Indirect
GB00B196F554	1,500,000	1,500,000	0	0	1,500,000	0	3.89%

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

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
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
1,500,000	3.89%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:
14. Contact name:	Nicola Smith
15. Contact telephone number:	+ 44 20 7220 9460

This information is provided by RNS The company news service from the London Stock Exchange

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