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Pin to quick picksGama Aviation Regulatory News (GMAA)

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Receipt of overpayments

5 Feb 2019 07:00

RNS Number : 0462P
Gama Aviation PLC
05 February 2019
 

This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) No 596/2014

 

5th February 2019

Gama Aviation Plc (AIM: GMAA)

("Gama Aviation", "the Company" or "the Group")

 

Gama Aviation Plc today announces that it has identified the receipt of two overpayments, in error, from Gama Aviation LLC, its US Air associate. $5.75m and approximately $2m were received in June 2018 and December 2017 respectively and were reported in cash and trade creditors in the respective half and full year reporting periods. Both of these overpayments have been re-paid in full.

 

 

 

For more information contact:

 

Gama Aviation Plc +44 (0) 1252 553000

Marwan Khalek, Chief Executive Officer

David Stickland, Chief Financial Officer

 

Camarco +44 (0) 20 3757 4992

Ginny Pulbrook

Geoffrey Pelham-Lane

 

Jefferies International  +44 (0) 207 029 8000

Simon Hardy

Will Soutar

 

Gama Aviation - Notes to Editors

Gama Aviation Plc (AIM:GMAA) is a global business aviation services group that specialises in providing support for individuals, corporations and government agencies; allowing them to deliver on the promises they make.

The Group's services are split into two divisions: Air and Ground. Air services include aircraft management, special mission support and charter. Ground services cover aircraft maintenance services, aircraft modification design and installation, and Fixed Base Operations (FBO).

More details can be found at: http://www.gamaaviation.com/

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCTIMTTMBAMTFL
Date   Source Headline
21st Mar 20245:16 pmEQSForm 8.3: GAMA Aviation Plc
21st Mar 20247:00 amRNSForm 8 (OPD) - Gama Aviation PLC
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5th Feb 20242:29 pmRNSTrading Update and Proposed Tender Offer
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30th Jun 202311:57 amRNSResult of Annual General Meeting
8th Jun 20237:00 amRNSFinal Results
22nd May 20237:00 amRNSAppointment of Alternate Director
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26th Jan 20237:00 amRNSMaturing Credit Facility Repaid
30th Dec 202210:50 amRNSNew $25m Credit Facilities
21st Dec 20227:44 amRNSH2 Trading Update, Liquidity & Credit Facilities
2nd Nov 20227:00 amRNSWales Air Ambulance Charity contract
20th Oct 202210:36 amRNSAcquisition of Statesville Hangar Facility
19th Oct 20224:47 pmRNSJoint Venture with Peter Bond & Major New Contract
17th Oct 20227:00 amRNSBoard Change
28th Sep 20227:00 amRNSInterim results for the 6 months to 30 June 2022
8th Aug 202212:52 pmRNSHalf Year 2022 Trading Update
29th Jul 20229:21 amRNSAppointment of Chairman of the Board
13th Jul 20224:08 pmRNSBoard Change
28th Jun 20221:15 pmRNSResult of Annual General Meeting
28th Jun 202210:33 amRNSBoard Change
21st Jun 20221:52 pmRNSAppointment of Chief Financial Officer
6th Jun 20222:08 pmRNSNotice of Annual General Meeting
31st May 202210:15 amRNSAllotment of shares
27th May 20222:11 pmRNSAudited Results for the year ended 31 December 21
28th Apr 202212:58 pmRNSNotification of 2021 Full Year Results Publication
11th Apr 20228:32 amRNSDirectorate Change
8th Mar 20222:49 pmRNSFY21 Trading Update
10th Jan 20223:27 pmRNSBoard Change
4th Jan 20227:00 amRNSCompletion of the Sale of 20% share in associate
24th Dec 20217:00 amRNSREPLACEMENT - Allotment of shares
23rd Dec 20217:23 amRNSAllotment of shares
24th Nov 20219:07 amRNSSale of 20% share in associate
12th Oct 202112:03 pmRNSHolding(s) in Company
24th Sep 20217:00 amRNSUnaudited interim results

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