Avation plc
LSE : AVAP

December 16, 2011 04:24 ET

Admission of New Ordinary Shares

                                                
                                                                                           16 December 2011
                                                                                                           
                                                AVATION PLC
                                              (the "Company")
                                                     
                                                     
                   Admission of New Ordinary Shares / Disclosure of Director Information
                                                     
Further  to the Company's announcement on 13 December 2011 in relation to the issue of 301,280 new ordinary
shares  in  the  capital of the Company (the New Shares) on the exercise of warrants by  directors  of  the
Company,  the Company announces that the listing of the New Shares to the standard segment of the  Official
List  of  the  UK  Listing Authority and the admission of the New Shares to trading  on  the  London  Stock
Exchange's  main  market for listed securities became effective and that dealings commenced  at  8:00  a.m.
today.

The  New Shares rank pari passu in all respects with the existing ordinary shares of the Company with  ISIN
GB00B196F554.

Further  to  the  Company's  announcement on 12 December 2011 in relation to the  appointment  of  Roderick
Douglas Mahoney as a director of the Company, there is no other information required to be disclosed  under
Listing Rule 9.6.13R.

The Company also announces that on 15th December 2011, Giant Mix Enterprises Limited (a company in which Mr
Andrew Baudinette, a director of Avation has a beneficial interest) has disposed of 5,000 shares at a price
of GBP1.10 per share. Following the above transaction, Mr Baudinette's interests comprise 690,000 shares in
the Company.

As of today's date, the Company has in issue 40,726,682 ordinary shares.

                                                -- Ends ---

ENQUIRIES:

Avation PLC
Jeff Chatfield, Chairman      +44 7783 942 553

Financial Public Relations
Bishopsgate Communications    +44 207 562 3350
Nick Rome/Shabnam Bashir

Websites:
www.avation.net



Contact Information

  • Avation plc