Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAvation Share News (AVAP)

Share Price Information for Avation (AVAP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 135.00
Bid: 135.50
Ask: 140.00
Change: -8.00 (-5.59%)
Spread: 4.50 (3.321%)
Open: 140.00
High: 142.00
Low: 135.00
Prev. Close: 143.00
AVAP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

SMALL-CAP WINNERS & LOSERS: Ted Baker back in fashion on narrowed loss

Thu, 11th Nov 2021 11:03

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

----------

SMALL-CAP - WINNERS

----------

Pharos Energy PLC, up 5.8% at 21.47 pence, 12-month range 11.50p-28.65p. The oil and gas exploration and production company says the first phase of the TGT 4 well infill development drilling programme in Vietnam has finished. All four infill development wells were drilled within schedule and well under budget, it says.

----------

Ted Baker PLC, up 4.2% at 142.50p, 12-month range 91.05p-217.60p. The fashion retailer expresses optimism in its prospects after upbeat earnings. For six months to August 14, revenue rises 18% to GBP199.3 million from GBP169.5 million last year as pretax loss narrows to GBP25.3 million from GBP86.4 million loss. "I'm pleased with the continued progress we're making, as we return to revenue growth, and make big strides back towards profitability. The brand remains healthy, delivering a stronger full price mix alongside encouraging early reactions to the new collection," says Chief Executive Officer Rachel Osborne.

----------

Tullow Oil PLC, up 1.4% at 45.90p, 12-month range 21.52p-66.22p. The oil and gas company says it is increasing its stakes in the Jubilee and TEN oil fields in Ghana for USD150 million. Tullow says, assuming all joint-venture partners fully exercise their pre-emption rights, its stake in the block would increase by 7.7 percentage points to 54.8%. This would increase Tullow's interests in the Jubilee and TEN fields to 38.9% and 54.8%, respectively. Tullow adds that the Ghana deal will add about 10% to daily group production, adding to cash flow and helping to reduce debt.

----------

Avation PLC, up 1.2% at 109.85p, 12-month range 83.00p-152.50p. The passenger aircraft leasing company says it has completed the sale of a 20-year-old Airbus A321-200 aircraft for an undisclosed sum. Executive Chair Jeff Chatfield says: "Avation has a policy of focusing on new design, young and fuel-efficient aircraft. This A321 was Avation's oldest aircraft at about 20 years old, and thus was an ideal candidate for disposal".

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
12 Feb 2020 12:50

Avation To Lease Two ATR Aircraft To Bangladeshi Airline US-Bangla

Avation To Lease Two ATR Aircraft To Bangladeshi Airline US-Bangla

Read more
16 Jan 2020 15:05

Avation Delivers Second Aircraft To Swedish Carrier Braathens

Avation Delivers Second Aircraft To Swedish Carrier Braathens

Read more
16 Jan 2020 12:04

Avation delivers second ATR 72-600 to Braathens Regional Airwasy

(Sharecast News) - Commercial passenger aircraft leasing company Avation has delivered the second in a series of five new ATR 72-600 turboprop aircraft to Braathens Regional Airways, it announced on Thursday, from the manufacturer's facility in Toulouse, France.

Read more
15 Jan 2020 11:08

Avation Delivers Second Airbus A321 Aircraft To Vietjet Air

Avation Delivers Second Airbus A321 Aircraft To Vietjet Air

Read more
15 Jan 2020 10:47

Avation delivers second Airbus A321 to Vietjet Air

(Sharecast News) - Commercial passenger aircraft leasing company Avation announced on Wednesday that it has delivered the second of two Airbus A321 aircraft to Vietjet Air under a long term operating lease, which were being transitioned from a prior operator.

Read more
10 Jan 2020 10:35

Avation Acquires First Engine To Lease To Aircraft Operators

Avation Acquires First Engine To Lease To Aircraft Operators

Read more
9 Jan 2020 11:36

Avation Delivers Airbus A321 Aircraft To Vietjet Air

Avation Delivers Airbus A321 Aircraft To Vietjet Air

Read more
9 Jan 2020 09:53

Avation delivers first Airbus A321 to Vietjet Air

(Sharecast News) - Commercial passenger aircraft leasing company Avation has delivered the first of two Airbus A321 aircraft, which were being transitioned from a prior operator, to VietJet Air under an operating lease, it announced on Thursday.

Read more
6 Jan 2020 09:52

Avation confirms takeover talks with potential suitor

(Sharecast News) - Avation announced on Monday that it is undertaking a "comprehensive review" of its strategic options, in a bid to maximise value for shareholders.

Read more
6 Jan 2020 08:59

Avation In Discussions For Possible Sale, Starts Strategic Review

Avation In Discussions For Possible Sale, Starts Strategic Review

Read more
31 Dec 2019 13:12

Avation Leases Two New ATR 72-600 Aircraft To Swedish Carrier

Avation Leases Two New ATR 72-600 Aircraft To Swedish Carrier

Read more
19 Dec 2019 10:03

Avation delivers first of five 'greener' aircraft to Braathens Regional

(Sharecast News) - Commercial passenger aircraft leasing company Avation has delivered the first in a series of five new ATR 72-600 turboprop aircraft to Braathens Regional Airways (BRA), it announced on Thursday, at the ATR facility in Toulouse, France.

Read more
12 Dec 2019 16:07

Avation Leases Another Aircraft To Braathens Regional Airways

Avation Leases Another Aircraft To Braathens Regional Airways

Read more
21 Nov 2019 14:37

Avation Reports 12% Rental Growth As It Shrugs Off Thomas Cook Demise

Avation Reports 12% Rental Growth As It Shrugs Off Thomas Cook Demise

Read more
14 Nov 2019 16:02

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.