Avation PLC Director/PDMR Shareholding
June 10 2024 - 1:00AM
RNS Regulatory News
RNS Number : 7026R
Avation PLC
10 June 2024
Via RNS and SGXNET
AVATION PLC
("Avation" or "the
Company")
DIRECTORS'
DEALING
Avation PLC (LSE: AVAP), the
commercial passenger aircraft leasing company advises that Roderick
Douglas Mahoney, a non-executive director, has sold 140,000
ordinary shares in the capital of the Company through the market at
an average price of 143.25 pence per share. Following this
transaction, Mr Mahoney holds 730,000 ordinary shares, representing
1.03 per cent of the Company's issued share capital.
-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.
Market Abuse Regulation (MAR)
Disclosure
The information contained within
this announcement is deemed by the Company to constitute inside
information as stipulated under the Market Abuse Regulations (EU)
No. 596/2014 as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018 ('MAR'). Upon the publication
of this announcement via Regulatory Information Service ('RIS'),
this inside information is now considered to be in the public
domain.
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
|
Roderick Douglas Mahoney
|
2.
|
Reason for the
notification
|
a)
|
Position / status
|
Non-executive director
|
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
|
Ordinary Shares
ISIN: GB00B196F554
SEDOL: B196F55
|
b)
|
Nature of the transaction
|
On-market sale of shares
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
143.25 p
|
140,000
|
|
d)
|
Aggregated information
|
See above
|
|
- Aggregated
volume
|
|
|
- Price
|
|
e)
|
Date of the transaction
|
7 June 2024
|
f)
|
Place of the transaction
|
London Stock Exchange
|
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END
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