Holding(s) in Company

21 October2015

Gama Aviation plc (AIM: GMAA)

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

Holding in Company

Gama Aviation, one of the world's largest business aviation service providers, has been notified that Mr. Dustin Dryden no longer has a notifiable interest in the issued share capital of the Company.

Mr. Dryden has fulfilled all of his obligations under the security arrangement referred to in the Company's announcement of 30 September 2015 thereby allowing the Company's charge over Mr. Dryden's shares to be released and a disposal of Mr. Dryden's shares to take place. 

For further information please visit www.gamaaviation.com or contact:

Gama Aviation plc +44 (0) 1252 553000

Marwan Khalek, Chief Executive Officer

Kevin Godley, Finance Director

Citigate Dewe Rogerson +44 (0) 20 7638 9571

Phil Anderson, Director +44 (0) 20 7282 1031

Chris Jarvis, Associate Director +44 (0) 20 7282 1088

Cantor Fitzgerald Europe +44 (0) 20 7894 7000

Marc Milmo (Corporate Finance)

Catherine Leftley (Corporate Finance)

David Banks (Corporate Broking)