Share Name Share Symbol Market Type Share ISIN Share Description
Amedeo Air Four Plus Limited LSE:AA4 London Ordinary Share GG00BMZQ5R81 RED ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.80 -2.58% 30.20 30.00 31.80 30.90 30.90 30.90 822,550 16:35:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Transportation 201.4 -172.1 -32.2 - 105

Amedeo Air Four Plus Limited Termination of agreement with Nimrod Capital LLP

18/02/2021 12:52pm

UK Regulatory (RNS & others)

Amedeo Air Four Plus (LSE:AA4)
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RNS Number : 6130P

Amedeo Air Four Plus Limited

18 February 2021


(LSE: AA4, LEI: 21380056PDNOTWERG107 )

Termination of agreement with Nimrod Capital LLP ("Nimrod")

The Company announces that it has today entered into an agreement with Nimrod to terminate Nimrod's appointment as sole corporate and shareholder advisor to the Company with effect from 31 January 2021 and settle outstanding matters between them (the Termination Agreement).

Under the Termination Agreement, the Company will make a payment of GBP9.45 million and issue 5,975,000 new shares to Nimrod as a complete settlement of contractual obligations to Nimrod. Nimrod has undertaken to the Company not to dispose of the said shares for a period of 12 months (subject to certain customary exceptions).

Application will be made to the London Stock Exchange for the 5,975,000 new shares to be issued to Nimrod to be admitted to the Specialist Fund Segment of the London Stock Exchange's Main Market (Admission). It is expected that Admission will become effective on 23 February 2021.

The Company thanks Nimrod for its contribution to the Company since its inception, and Nimrod wishes the Company well over the years to come.

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 on market abuse (MAR).

For further information, please contact:

Enquiries: JTC Fund Solutions (Guernsey) Limited Tel: +44 (0)1481 702400

The person arranging release of this announcement on behalf of the Company is Ashley Senner of JTC Fund Solutions (Guernsey) Limited.


E&OE - in transmission

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(END) Dow Jones Newswires

February 18, 2021 07:52 ET (12:52 GMT)

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