26 Sep 2014 07:00

AVAP
25 September 2014
AVATION PLC
("AVATION" or "THE COMPANY")
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Acquisition of shares in Capital Lease Aviation PLC and issue of equity
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Avation PLC, the aircraft leasing company, announces that it has agreed to acquire 351,900 ordinary shares in aircraft lessor Capital Lease Aviation PLC (AIM: CLA), increasing its interest in the voting rights in CLA's issued share capital to 95.1 per cent.
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The CLA shares were acquired through the market at a price of 0.205 pence in cash (the "Cash Purchase"). Settlement of the Cash Purchase will be on normal market terms.
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Enquiries:
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Avation PLC - Jeff Chatfield, Chairman | +65 6252 2077 |
WH Ireland - Harry Ansell / James Joyce | +44 207 220 1666 |
Cenkos - Guy Briselden | +44 207 397 8900 |
Blytheweigh - Tim Blythe / Eleanor Parry | +44 207 138 3204 |
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