Amedeo Air Four Plus Limited Company Update (3687G)
March 17 2020 - 3:00AM
UK Regulatory
TIDMAA4
RNS Number : 3687G
Amedeo Air Four Plus Limited
17 March 2020
AMEDEO AIR FOUR PLUS LIMITED (the "Company")
Company Update
Further to the announcement on 12 March 2020, the Board of the
Company notes the news that almost all airlines globally have been
severely impacted by the reduction in passenger traffic as a result
of Covid-19 and understands that many Governments, banks and
lessors have received approaches from these airlines to discuss how
they might support the industry. Indeed, the Company has, in line
with this news, received a written approach from Thai Airways, to
whom the Company leases four A350s, to discuss how it might support
them in this period. The Board, together with its Asset Manager and
other advisors, are discussing how the Company might respond, and
considering the terms of any such support. Thai have assured the
Company that, as the flag carrier of Thailand, it fully commits to
its obligations, and they are fully up-to-date with their payments
to the Company. As and when these discussions reach any conclusions
the Board will update shareholders accordingly.
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.
The latest available information on the Company can be accessed
via the Company's website www.aa4plus.com
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:
Administrative Enquiries:
JTC Fund Solutions (Guernsey) Limited
Tel: +44 (0) 1481 702400
Shareholder Enquiries:
Nimrod Capital LLP
Richard Bolchover, Marc Gordon
Tel: +44 (0) 20 7382 4565
info@nimrodcapital.com
The person arranging release of this announcement on behalf of
the Company is Ashley Senner of JTC Fund Solutions (Guernsey)
Limited.
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.
END
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