ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

AA4 Amedeo Air Four Plus Limited

38.20
0.10 (0.26%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Amedeo Air Four Plus Limited LSE:AA4 London Ordinary Share GG00BNDVLS54 RED ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.10 0.26% 38.20 38.00 38.40 38.20 38.10 38.20 180,781 08:00:20
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Equip Rental & Leasing, Nec 208.1M 58.81M 0.1935 1.97 116.09M

Amedeo Air Four Plus Limited Acquisition of Asset (0360L)

13/07/2017 3:58pm

UK Regulatory


Amedeo Air Four Plus (LSE:AA4)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Amedeo Air Four Plus Charts.

TIDMAA4

RNS Number : 0360L

Amedeo Air Four Plus Limited

13 July 2017

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS NOT FOR PUBLICATION, RELEASE, OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN, OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA, JAPAN OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL. THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE IN ANY JURISDICTION IN WHICH SUCH AN OFFER OR SOLICITATION IS UNLAWFUL.

AMEDEO AIR FOUR PLUS LIMITED (the "Company")

Acquisition of Asset

13 July, 2017

As anticipated in the Company's Prospectus dated 13 June, 2017 (the "Prospectus"), the Company, via its wholly-owned subsidiary, AA4P Lambda Limited, purchased one A350-900 aircraft bearing manufacturer's serial number 123 on 13 July, 2017.

The aircraft has been placed on lease to Thai Airways International Public Company Limited ("Thai Airways") for a term of 12 years.

Following this purchase, the Company now owns eight A380-800, two B777-300ER and one A350-900 aircraft, each of which have been leased to either Emirates Airline, Etihad Airways PJSC or Thai Airways, as applicable.

About the Company

The Company is a Guernsey-domiciled company, with shares admitted to trading on the Specialist Fund Segment of the London Stock Exchange's Main Market (LSE: AA4).

The Company's investment objective is to obtain income returns and a capital return for its Shareholders by acquiring, leasing and then selling aircraft (the "Assets").

To pursue its investment objective, the Company will seek to use the net proceeds of placings and/or other equity capital raisings, together with financing facilities (or instruments), to acquire widebody or other aircraft which will be leased to one or more major airlines.

The Company aims to provide Shareholders with an attractive total return comprising income from distributions through the period of the Company's ownership of the Assets and capital upon the sale of the Assets.

It is anticipated that income distributions will be made to Shareholders quarterly, subject to compliance with applicable laws and regulations. The Company currently targets a distribution to investors of 2.0625 pence per Share per quarter as detailed in the Prospectus.

Defined terms used in this announcement shall have the same meaning as ascribed to them in the Company's Prospectus dated 13 June, 2017.

For further information, please contact:

For administrative and company information:

JTC Fund Solutions (Guernsey) Limited

+44 (0) 1481 702 400

For shareholder information:

Nimrod Capital LLP

Richard Bolchover

Marc Gordon

+44 (0) 20 7382 4565

END OF ANNOUNCEMENT

E&OE - in transmission

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQRJMITMBABBIR

(END) Dow Jones Newswires

July 13, 2017 10:58 ET (14:58 GMT)

1 Year Amedeo Air Four Plus Chart

1 Year Amedeo Air Four Plus Chart

1 Month Amedeo Air Four Plus Chart

1 Month Amedeo Air Four Plus Chart

Your Recent History

Delayed Upgrade Clock