Air Partner PLC Share split timetable and admission of new shares (3391V)
January 27 2017 - 6:26AM
UK Regulatory
TIDMAIR
RNS Number : 3391V
Air Partner PLC
27 January 2017
27 January 2017
Air Partner plc
1 into 5 share split timetable and admission of new ordinary
shares
Further to the announcement on 25 January 2017, Air Partner plc
(the "Company") confirms the expected timetable for the share split
of the share capital of the Company (the "Share Split") when 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"). It is expected that the Share Split will become effective
at 8.00 am on Tuesday 31 January (the "Effective Date"). On the
Effective Date, the Official List of the UKLA will be amended to
reflect the Share Split.
The expected timetable of events and key statistics are set out
below.
Expected timetable
2017
Close of dealings in existing shares 4.30 pm on Monday
30 January
Record date for the share split 6.00 pm on Monday
30 January
Split becomes effective 8.00 am on Tuesday
31 January
New Ordinary Shares credited to 8.00 am on Tuesday
CREST accounts 31 January
Commencement for dealings in the 8.00 am on Tuesday
New Ordinary Shares 31 January
Certificates for New Ordinary Shares by 14 February
despatched
Information on shares
Existing ordinary shares of five pence
each
Total number expected to be in issue
immediately prior to the split 10,443,513
ISIN code GB0000115302
SEDOL code 0011530
New ordinary shares of one penny each
Total number expected to be in issue
immediately after the split 52,217,565
ISIN code GB00BD736828
SEDOL code BD73682
In order to reconcile the Company's issued and allotted share
capital with the number of shares admitted to the UK Official List
and to trading on the London Stock Exchange's main market, the
Company has made an application for 367,065 ordinary shares to be
admitted to the UK Official List and to trading on the London Stock
Exchange's main market on 30 January 2017. The number of shares
currently issued and allotted by the Company remains at 10,443,513
ordinary shares of five pence each. The Company's block listing
relating to the Air Partner plc Company Share Option Plan 2003 is
being cancelled and will not roll forward as part of the Share
Split.
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 Consulting & Training (Baines Simmons and
Clockwork Research). 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. Clockwork Research is
a leading fatigue risk management consultancy. 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
END
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