Avation Regulatory News (AVAP)

AVATION PLC

("Avation" or "the Company")

ADMISSION OF NEW ORDINARY SHARES

AND TOTAL VOTING RIGHTS

Further to the Company's announcement on 24 March 2017 in relation to the allotment of 1,816,000 new ordinary shares in the capital of the Company (the "New Shares"), the Company announces that the listing of the New Shares to the standard segment of the Official List of the UK Listing Authority and the admission of the New Shares to trading on the London Stock Exchange's main market for listed securities ("Admission") became effective and that dealings commenced trading at 8.00 a.m. today.

The New Shares rank pari passu in all respects with the existing ordinary shares of the Company with ISIN GB001B196F554.

Following Admission, there will be a total of 61,071,246 ordinary shares in issue and shareholders may use the same number for the purpose of calculating Total Voting Rights.

-ENDS-

More information on Avation can be seen at: www.avation.net

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Avation PLC

Avation PLC is a commercial passenger aircraft leasing company, owning and managing a fleet of 40 jet and turboprop aircraft which it leases to airlines across the world. The Company's customers include Air France, Air Berlin, Air India, Condor, Flybe, Fiji Airways, Thomas Cook, Virgin Australia, UNI Air and Vietjet Air.