Amedeo Air Four Plus Limited Factsheet

RNS Number : 7492W

Amedeo Air Four Plus Limited

12 February 2025

 

12 February 2025

 

AMEDEO AIR FOUR PLUS LIMITED (the "Company")
(LSE: AA4, LEI: 21380056PDNOTWERG107)
Factsheet

 

The Company announces that its factsheet for the quarter to 31 December 2024 is now available on its website at http://www.aa4plus.gg. An extract from the Chairman's statement within the factsheet is reproduced below.

 

"Many shareholders attended our webinar on 23 January.

 

The main feature of that event was the announcement of a substantial capital return to shareholders of £27.8m by way of a compulsory share redemption. This followed the same format as we have used previously. We keep the future cash needs of the Company and its subsidiaries under constant review, including sensible buffers for unexpected events, and the level of dividend supported by our cashflows.

 

We also heard from our asset manager, Amedeo Limited, of the continuing strength of the aviation and travel markets, and the challenges still facing airlines in the areas of new aircraft availability, rising costs and shortages in skilled labour and materials. We heard that this situation is supporting demand for used aircraft and therefore lease rates and aircraft values.

 

This is all positive for our shareholders as we move to within about 18 months of our first scheduled lease expiry. We continue to look at every avenue to maximise returns to our shareholders, whose support is greatly appreciated."

 

Robin Hallam

 

For further information, please contact:

 

JTC Fund Solutions (Guernsey) Limited

[phone]

 

Panmure Liberum Limited

 

Chris Clarke / Darren Vickers

[phone]

 

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.

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