31 Aug 2016 09:14
31 August 2016
Air Partner plc
Directors' share purchase and PDMR Notification
Air Partner plc ('Air Partner', 'the Company' or 'Group'), the global aviation services group, has been notified on 26 August 2016 that certain Directors of the Company have purchased Ordinary shares of 5p each in the Company ("Shares") as follows:
Director | Date of purchase | Number of shares purchased | Purchase price | Total Shares held | % ISC held following purchase |
Peter Saunders
| 26 August 2016 | 5,000 | £4.56 | 5,000 | 0.05% |
Shaun Smith | 26 August 2016 | 2,327 | £4.48 | 2,327 | 0.02%
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The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.
1 | Details of the person discharging managerial responsibilities ("PDMR") or persons closely associated with them ("PCA") | |||||
a) | Name
| 1. Peter Saunders
2. Shaun Smith
| ||||
b) | Position/status
| 1. Senior Independent Director/Independent Non-executive director
2. Independent Non-executive director
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c) | Initial notification/ Amendment
| Initial notification | ||||
2 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name
| Air Partner plc | ||||
b) | LEI
| 213800JLR6YIRMSCUS98 | ||||
3 | 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 share of 5 pence
GB0000115302 | ||||
b) | Nature of the transaction
| Acquisition of shares
| ||||
c) | Price(s) and volume(s)
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| ||||
d) | Aggregated information - Aggregated volume - Price
| N/A | ||||
e) | Date of the transaction
| 26 August 2016
| ||||
f) | Place of the transaction
| London Stock Exchange | ||||
Ends
Enquiries:
Air Partner | 01293 844800 |
Mark Briffa, Chief Executive Officer |
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Neil Morris, Chief Financial Officer |
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Temple Bar Advisory | 020 7002 1080 |
Tom Allison | 07789 998 020 |
Ed Orlebar | 07738 724 630 |
Alycia MacAskill | 07776 253 482 |
About Air Partner:
Founded in 1961, Air Partner is a global aviation services group that provides worldwide solutions to industry, commerce, governments and private individuals. The Group has two divisions: (a) Broking division, comprising air charter broking and remarketing through the Air Partner and Cabot brands respectively; and (b) Training & Consulting division, via the aviation safety consultancy Baines Simmons. For reporting purposes, the Group is structured into four divisions: Commercial Jets, Private Jets, Freight (Broking) and Baines Simmons (Training & Consultancy). The Commercial Jet division charters large airliners to move groups of any size. Cabot Aviation, which is formed within the Commercial Jet division, provides comprehensive remarketing programmes for all types of commercial and corporate aircraft to a wide range of international clients. Private Jets offers the company's unique pre-paid JetCard scheme and on-demand charter. Air Partner Freight charters aircraft of every size to fly almost any cargo anywhere, at any time. Baines Simmons is a world leader in Aviation Safety Consulting which specialises in aviation regulation, compliance and safety management. Air Partner is headquartered alongside Gatwick airport in the UK. Air Partner operates 24/7 year-round and has 20 offices globally. Air Partner is listed on the London Stock Exchange (AIR) and is also ISO 9001:2008 compliant for commercial airline and private jet solutions worldwide. www.airpartner.com