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GMAA.GB Gama Aviation Plc

95.00
0.00 (0.00%)
24 Apr 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Gama Aviation Plc AQSE:GMAA.GB Aquis Stock Exchange Ordinary Share GB00B3ZP1526
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 95.00 90.00 100.00 95.00 95.00 95.00 0.00 06:56:49
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Gama Aviation PLC Result of AGM & Directorate Change (0883A)

03/06/2016 7:00am

UK Regulatory


Gama Aviation (AQSE:GMAA.GB)
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From Apr 2019 to Apr 2024

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TIDMGMAA

RNS Number : 0883A

Gama Aviation PLC

03 June 2016

3 June 2016

Gama Aviation Plc (AIM: GMAA)

("Gama", "Gama Aviation" or the "Company")

Result of AGM and Board change

Gama Aviation Plc, one of the world's largest business aviation service providers, is pleased to announce that at its Annual General Meeting held yesterday, all of the Resolutions proposed were duly passed.

The Company will now progress its capital reduction plans in order to create sufficient distributable reserves to be able to return cash to its shareholders by way of dividends. Subject to the completion of this process, a final dividend of 2.5p per share will be paid in the week beginning 18 July 2016 to all shareholders on the share register at the close of business on 1 July 2016. The ex-dividend date will be 30 June 2016.

The Company also announces that, having completed the integration of Hangar8 plc into the Company following its reverse takeover by the Company in January 2015, George Rolls is to stand down as a Non-Executive Director of the Company with immediate effect. George is standing down in order to provide sufficient time to fulfil his other business interests. The Board is very grateful to George whose substantial endeavours have helped Gama through the successful integration of Hangar8 plc and through the Company's first year's trading as a listed company. The Board appreciates George's desire to now focus on his other business interests and wishes him every success for the future.

Ends

Gama Aviation Plc

   Marwan Khalek, Chief Executive                                                      +44 1252 553043 

Citigate Dewe Rogerson +44 207 638 9571

Chris Jarvis, Associate Director

Phil Anderson, Executive Director

Cantor Fitzgerald Europe +44 207 894 7000

(Nominated Adviser & Broker)

Marc Milmo / Catherine Leftley (Corporate Finance)

David Banks (Sales)

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCUUSVRNSANRAR

(END) Dow Jones Newswires

June 03, 2016 02:00 ET (06:00 GMT)

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