Gama Aviation PLC Gama Aviation appoints Richard Kearsey

TIDMGMAA

Gama Aviation PLC

08 March 2018

Press release

Gama Aviation appoints Close Brothers' Richard Kearsey to

key M&A role after successful GBP48 million equity placing.

Farnborough, UK, 8(th) March 2018 - Gama Aviation Plc, the global business aviation services company, has appointed Richard Kearsey as Director of Corporate Development following the conclusion of its successful GBP48 million equity placing.

Richard Kearsey, a chartered accountant by profession, enjoyed a successful 27-year career as Managing Director of Close Brothers' Aviation & Marine Finance Division establishing the UK merchant bank as a market leader in business aviation and leisure marine finance. A veteran of syndications, financing and corporate restructuring, his appointment enhances an already strong Leadership team.

On his appointment Richard Kearsey, Director of Corporate Development commented: "Gama Aviation has the structure, financial means and shareholder backing to capture the opportunity that exists within the business aviation sector. I'm delighted to join the company and look forward to the Company's development in the years ahead."

Marwan Khalek, Group Chief Executive Officer comments: "Richard is another excellent addition to our Leadership team and I am very pleased that we continue to attract such high calibre talent to our business. His experience and proven business acumen will add immediate bandwidth to the team as we pursue our growth strategy this year."

ENDS

Gama Aviation - Notes to Editors

Gama Aviation Plc (LSE AIM:GMAA) is a global business aviation services company that specialises in providing support for individuals, corporations and government agencies; allowing them to deliver on the promises they make.

The Group has two divisions: Air and Ground. Air services include: aircraft management, special mission support and charter; with Ground services covering: base & line aircraft maintenance services, aircraft modification design and installation and Fixed Base Operations (FBO).

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

For more information contact:

Duncan Daines

Chief Marketing Officer, Gama Aviation Plc

[e-mail]

[phone]

This information is provided by RNS

The company news service from the London Stock Exchange

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March 08, 2018 02:20 ET (07:20 GMT)