25 Jan 2017 15:18
25 January 2017
Air Partner plc
Notice of 1 into 5 share split
Further to the announcement dated 6 January 2017, Air Partner plc (the "Company") confirms that the resolution to approve a share split of the share capital of the Company (the "Share Split") was passed today. Accordingly, it is expected that each ordinary share of 5p each in the capital of the Company will be split into five new ordinary shares of 1p each ("New Ordinary Shares"). This is conditional on the admission of the New Ordinary Shares to the UK Official List and to trading on the London Stock Exchange's main market.
The Share Split is now expected to complete during the week commencing 30 January 2017. A further announcement regarding the commencement of trading in the New Ordinary Shares will be made in due course.
Ends
Enquiries: | |
Air Partner | 01293 844 788 |
Neil Morris, CFO | |
Temple Bar Advisory (Financial PR advisor) | 020 7002 1080 |
Tom Allison | 07789 998 020 |
Alycia MacAskill | 07876 222 703 |
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) Consulting & Training 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 (Consultancy & Training). 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