AVATION PLC — Share Issue/Capital Change 2014

Sep 26, 2014

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RNS Number : 6674S

Avation PLC

26 September 2014

AVAP 

25 September 2014

AVATION PLC

("AVATION" or "THE COMPANY")

Acquisition of shares in Capital Lease Aviation PLC and issue of equity

Avation PLC, the aircraft leasing company, announces that it has agreed to acquire   351,900 ordinary shares in aircraft lessor Capital Lease Aviation PLC (AIM: CLA), increasing its interest in the voting rights in CLA's issued share capital to 95.1 per cent.

The CLA shares were acquired through the market at a price of 0.205 pence in cash (the "Cash Purchase"). Settlement of the Cash Purchase will be on normal market terms.

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Enquiries:

Avation PLC - Jeff Chatfield, Chairman	+65 6252 2077
WH Ireland - Harry Ansell / James Joyce	+44 207 220 1666
Cenkos - Guy Briselden	+44 207 397 8900
Blytheweigh - Tim Blythe / Eleanor Parry	+44 207 138 3204

This information is provided by RNS

The company news service from the London Stock Exchange

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