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 charts Register for streaming realtime charts, analysis tools, and prices.

GMAA Gama Aviation Plc

107.50
0.00 (0.00%)
11 Dec 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 Shares Traded Last Trade
  0.00 0.00% 107.50 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
85.00 130.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 107.50 GBX

Gama Aviation (GMAA) Latest News

Gama Aviation (GMAA) Discussions and Chat

Gama Aviation Forums and Chat

Date Time Title Posts
30/5/202417:12GAMA AVIATION : post-merger with Hangar 81,591
21/2/202213:05Gama Aviation3

Add a New Thread

Gama Aviation (GMAA) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

Gama Aviation (GMAA) Top Chat Posts

Top Posts
Posted at 09/5/2024 07:33 by camerongd53
Having sold out at 95p I am not going to rush in and buy @96p to hold an unquoted share!!
Posted at 08/5/2024 08:03 by rivaldo
Richard Griffiths, the well-known City boy and major player has bought another 251,466 GMAA shares at 96p and 95.9p. He now owns almost 733,000 shares.

Why would he be buying substantial shares at above the 95p tender offer price and just before the delisting on 30th May? Am I missing something, or is something afoot? Perhaps he wants to be part of the delisted entity and will wait for a re-listing at a much higher price in a couple of years?
Posted at 29/4/2024 15:12 by davebowler
European Union (Withdrawal) Act 2018.



Gama Aviation Plc (AIM: GMAA)

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



Proposed return of up to £32.6 million to Shareholders by way of a tender offer,

Cancellation of admission of Ordinary Shares to trading on AIM

and

Notice of General Meeting


Introduction

Further to the Company's announcement on 1 March 2024, Gama Aviation is today announcing that a circular (the "Circular") will be sent to Shareholders later today detailing the following Resolutions to be considered at a General Meeting scheduled for 2.00 p.m. on 15 May 2024:

· by way of an ordinary resolution, the proposed return of up to £32.6 million to Shareholders by way of a tender offer at 95 pence per Ordinary Share capable of acceptance by all Eligible Shareholders in full; and

· by way of a special resolution, the cancellation of admission of Ordinary Shares to trading on AIM.

The Circular also contains details of how Eligible Shareholders can elect to tender some or all of their Ordinary Shares.

The Circular sets out the background and terms of the Tender Offer and incorporates a notice of a General Meeting. A Proxy Form and Tender Form for use by Shareholders who hold their Ordinary Shares in certificated form in connection with the General Meeting and Tender Offer, respectively, are also being despatched with the Circular. A copy of the Circular will be made available for inspection in the investor relations section of the Company's website: hxxps://www.gamaaviation.com/investors/.

Shareholders representing in aggregate 79.6 per cent. of the current issued share capital have given Irrevocable Undertakings to exercise the voting rights attaching to such Ordinary Shares in favour of the Resolutions as further detailed below. Accordingly, the Resolutions are expected to be passed at the General Meeting.

The last day of dealings in the Ordinary Shares on AIM is expected to be 30 May 2024.
Posted at 04/3/2024 12:31 by rivaldo
So the Tender Offer at 95p has been increased such that if all the Tender shares were taken up, MK and Bermesico would own all the remaining shares.

And even if some shareholders don't accept, it's likely that there will be such a small rump of shares left that GMAA will delist. It's essentially a takeover by MK.

Looks like I'll be accepting then!

A better return than I expected a few months ago, but GMAA's been a serial disappointer, so perhaps it's for the best.
Posted at 22/2/2024 14:30 by rivaldo
An innovative new service from GMAA subsidiary Flyertech, no doubt hoping to get in on the ground floor with new clients:
Posted at 18/2/2024 16:09 by harry the haddock
Can someone explain to me in simple English what is happening - are we still getting the 55p a share special dividend for example?
Posted at 01/2/2024 07:43 by rivaldo
Big news late last night - GMAA are scaling up their helicopter special mission division.

They've paid just £280k to administrators for a forecast £27m of turnover in acquiring Specialist Aviation:



Of course there are added wrinkles. Transaction costs etc will take the total cost to £3m, and there are lease obligations on helicopters and property to take on.

Nevertheless, this could be an absolute bargain price given the likely synergies and cost savings etc, with H2'24 and onwards likely benefiting nicely.
Posted at 12/1/2024 13:54 by rivaldo
Their track record is, erm, mixed at best! But recent moves in terms of the fantastic result from the sale of the US MRO business and the large and long-term contract wins in Air Ambulance/helicopters have been stellar.

With a minimum return to shareholders of 55p per share coming our way, the current share price is probably underpinned.

There hasn't been an updated broker forecast for some time (typical WH Ireland). This will be key as they'll likely be guided by the company as to forecasts for 2024 and beyond, but we may have to wait for the 2023 prelims for those.

With a much more simplified business one might hope that management's attention will turn to fixing those margins and achieving decent profitability.
Posted at 08/1/2024 12:16 by rivaldo
News that GMAA are in discussions with "a UK-based provider of helicopter emergency medical services ("HEMS") and aircraft repairs and maintenance services ("MRO".

This quite a major acquisition coming with £24m of revenues, and would be nicely complementary to its existing air ambulance etc services:
Posted at 18/10/2023 10:20 by paul_butcher1999
Thanks Rivaldo - the share price increase looks very muted given these numbers!
Gama Aviation share price data is direct from the London Stock Exchange

Gama Aviation Frequently Asked Questions (FAQ)

Your Recent History

Delayed Upgrade Clock