Air Partner PLC Notice of 1 into 5 share split (1259V)
January 25 2017 - 10:18AM
UK Regulatory
TIDMAIR
RNS Number : 1259V
Air Partner PLC
25 January 2017
25 January 2017
Air Partner plc
Notice of 1 into 5 share split
Further to the announcement dated 6 January 2017, Air Partner
plc (the "Company") confirms that the resolution to approve a share
split of the share capital of the Company (the "Share Split") was
passed today. Accordingly, it is expected that each ordinary share
of 5p each in the capital of the Company will be split into five
new ordinary shares of 1p each ("New Ordinary Shares"). This is
conditional on the admission of the New Ordinary Shares to the UK
Official List and to trading on the London Stock Exchange's main
market.
The Share Split is now expected to complete during the week
commencing 30 January 2017. A further announcement regarding the
commencement of trading in the New Ordinary Shares will be made in
due course.
Ends
Enquiries:
01293 844
Air Partner 788
Neil Morris, CFO
Temple Bar Advisory (Financial PR
advisor) 020 7002 1080
07789 998
Tom Allison 020
07876 222
Alycia MacAskill 703
About Air Partner:
Founded in 1961, Air Partner is a global aviation services group
that provides worldwide solutions to industry, commerce,
governments and private individuals. The Group has two divisions :
(a) Broking division, comprising air charter broking and
remarketing through the Air Partner and Cabot brands respectively;
and (b) Consulting & Training division, via the aviation safety
consultancy Baines Simmons. For reporting purposes, the Group is
structured into four divisions: Commercial Jets, Private Jets,
Freight (Broking) and Baines Simmons (Consultancy & Training).
The Commercial Jet division charters large airliners to move groups
of any size. Cabot Aviation, which is formed within the Commercial
Jet division, provides comprehensive remarketing programmes for all
types of commercial and corporate aircraft to a wide range of
international clients. Private Jets offers the company's unique
pre-paid JetCard scheme and on-demand charter. Air Partner Freight
charters aircraft of every size to fly almost any cargo anywhere,
at any time. Baines Simmons is a world leader in Aviation Safety
Consulting which specialises in aviation regulation, compliance and
safety management. Air Partner is headquartered alongside Gatwick
airport in the UK. Air Partner operates 24/7 year-round and has 20
offices globally. Air Partner is listed on the London Stock
Exchange (AIR) and is also ISO 9001:2008 compliant for commercial
airline and private jet solutions worldwide. www.airpartner.com
This information is provided by RNS
The company news service from the London Stock Exchange
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