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DIRECTOR’S DEALING

17 Aug 2021 07:00

RNS Number : 8319I
Avation PLC
17 August 2021
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Via RNS and SGXNET

AVATION PLC

("Avation" or "the Company")

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DIRECTOR'S DEALING

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Avation PLC (AVAP: LSE), the commercial passenger aircraft leasing company announces that board member Dr Stephen Fisher has purchased US$200,000 in aggregate nominal value of Avation Capital S.A. 8.25% senior notes due 2026 issued under the Company's global medium term note programme. The notes were purchased through the market at a price of 83 per cent of nominal value.

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ENDS-

Enquiries:

Avation PLC - Jeff Chatfield, Executive Chairman +65 6252 2077

Avation welcomes shareholder questions and comments and advises the email address is: investor@avation.net

Notes to Editors:

Avation PLC is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to airlines around the world. More information on Avation is available at www.avation.net.

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The information set out below is provided in accordance with the requirements of UK MAR and Article 19(3) of the EU Market Abuse Regulation No 596/2014 (as incorporated into UK MAR).

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Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCAs") with them.

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1.

Details of the PDMR / person closely associated

a)

Name

Dr Stephen John Fisher

2.

Reason for the notification

a)

Position / status

Non-Executive Director of Avation PLC

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Avation PLC

b)

LEI

213800KA972GUP1B6I78

4.

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

8.25% Senior Notes due 2026 of

Avation Capital S.A. (a wholly owned subsidiary of Avation PLC)

ISIN: USL56473AA67

b)

Nature of the transaction

On market purchase of Senior Notes

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c)

Price(s) and volume(s)

Price(s)

Volume(s)

83 per cent.

US$200,000 in aggregate nominal

d)

Aggregated information

See above

- Aggregated volume

- Price

e)

Date of the transaction

16 August 2021

f)

Place of the transaction

Euromarket

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END
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