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LONDON - Avation PLC (LSE:AVAP), a commercial passenger aircraft leasing company, announced Friday it has transferred 842,997 ordinary shares from treasury to satisfy the exercise of all outstanding 2022 series staff warrants.
Following the transfer, Avation has a total of 66,636,738 ordinary shares in issue, with 4,338,999 shares held in treasury. The company’s total voting rights now stand at 62,297,739 for the purpose of calculating shareholders’ percentage of voting rights.
As part of the transaction, Executive Chairman Robert Jeffries Chatfield received 290,242 ordinary shares through a company in which he has an interest. His combined direct and indirect holdings now total 12,671,242 shares, representing 20.34 percent of the company’s voting rights.
Director Roderick Douglas Mahoney received 88,784 ordinary shares, bringing his total holdings to 818,784 shares or 1.31 percent of voting rights. Director Mark Shelton received 16,142 shares, increasing his holdings to 40,982 shares, equivalent to 0.07 percent of voting rights.
The information is based on a regulatory press release statement issued by the company.
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