Treasury Share Transactions
Avation PLC announced treasury share transactions on 7 July 2026, repurchasing 15,000 ordinary shares at 137 pence each, totaling £20,550, and subsequently transferred 14,300 shares out of treasury to satisfy warrant rights for 225,000 cancelled staff warrants. Following these actions, the company has 61,425,369 ordinary shares in issue, with 1,494,699 held in treasury, resulting in total voting rights of 59,930,670. This buyback is part of an approved programme allowing up to 25% of issued share capital to be repurchased.
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Avation PLC (LSE: AVAP, Avation or "the Company"), the commercial passenger aircraft leasing company announces that on 7 July 2026 it repurchased 15,000 ordinary shares through the market at a price of 137 pence per share. The repurchased shares will be held in treasury.
The Company further announces that it has transferred 14,300 ordinary shares out of treasury to a former member of staff in satisfaction of warrant rights relating to 225,000 staff warrants which have subsequently been cancelled.
Following the buyback and transfer there are 61,425,369 ordinary shares in issue with 1,494,699 held in treasury. Total voting rights are now 59,930,670.
This buyback is conducted pursuant to Avation's approved share buyback programme, which authorises the repurchase of up to 25% of its issued share capital, under a mandate approved at the annual general meeting in late November 2025. The authority allows Avation to buy shares in the market within specified price limits until the conclusion of its next annual general meeting.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.