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GMAA Gama Aviation Plc

96.00
1.00 (1.05%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gama Aviation Plc LSE:GMAA London Ordinary Share GB00B3ZP1526 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.00 1.05% 96.00 95.00 100.00 97.50 95.00 95.00 93,071 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Air Transport, Scheduled 285.64M -8.86M -0.1385 -7.04 62.36M

Gama Aviation PLC Completion of the Sale of 20% share in associate (2547X)

04/01/2022 7:00am

UK Regulatory


Gama Aviation (LSE:GMAA)
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TIDMGMAA

RNS Number : 2547X

Gama Aviation PLC

04 January 2022

Date: 4(th) January 2022

Gama Aviation Plc (AIM: GMAA)

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

Completion of the Sale of 20% share in associate

Gama Aviation, the global business aviation service provider, today announces that it has now secured the necessary consents and approvals to proceed with the sale of its 20% holding in the issued share capital of China Aircraft Services Limited ("CASL") as set out in the Company's announcement of the 24(th) November 2021.

Accordingly, the Company received the US$2.0m cash consideration in full on the 31(st) December 2021 thus bringing the sale transaction to completion.

END

Gama Aviation Plc +44 (0) 1252 553 029

Marwan Khalek, Chief Executive

Daniel Ruback, Chief Financial Officer

Camarco +44 (0) 20 3757 4992

Ginny Pulbrook

Geoffrey Pelham-Lane

WH Ireland +44 (0) 207 220 1666

James Joyce

Ben Good

Gama Aviation - Notes to Editors

Founded in 1983 with the simple purpose of providing aviation services that equip its customers with decisive advantage, Gama Aviation Plc (LSE AIM: GMAA) is a highly valued global partner to blue chip corporations, government agencies, healthcare trusts and private individuals.

The Group has three global divisions: Business Aviation (Aircraft Management, Charter, FBO & Maintenance), Special Mission (Air Ambulance & Rescue, National Security & Policing, Infrastructure & Survey, Energy & Offshore); and Technology & Outsourcing (Flight Operations, FBO, CAM software, Flight Planning, CAM & ARC services)

More details can be found at: http://www.gamaaviation.com/

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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(END) Dow Jones Newswires

January 04, 2022 02:00 ET (07:00 GMT)

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