TIDMAVAP

RNS Number : 8319I

Avation PLC

17 August 2021

Via RNS and SGXNET

AVATION PLC

("Avation" or "the Company")

DIRECTOR'S DEALING

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.

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 .

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).

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

 
 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          8.25% Senior Notes due 2026 of 
      instrument                                                Avation Capital S.A. (a wholly owned subsidiary of 
      Identification code                                       Avation PLC) 
                                                                ISIN: USL56473AA67 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 On market purchase of Senior Notes 
     --------------------------------------------------------  ------------------------------------------------------- 
 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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August 17, 2021 02:00 ET (06:00 GMT)

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