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Signature Aviation - Capital Reorganisation - Share Consolidation

RNS Number : 4441U
Signature Aviation plc
25 November 2019
 

25 November 2019

 

Signature Aviation plc (formerly BBA Aviation plc) (the "Company")

Share Consolidation and Total Voting Rights

 

Further to the Company's General Meeting, the result of which was announced on 22 November 2019, the share consolidation has become effective today.

 

Admission of the Company's new ordinary shares to the premium listing segment of the Official List of the UK Listing Authority and to trading on the London Stock Exchange's market for listed securities will take place at 8.00am today (or as soon as practicable thereafter) ("Admission").

 

The new ordinary shares will trade under the ticker 'SIG'.  The ISIN for the new ordinary shares is GB00BKDM7X41 and the SEDOL is BKDM7X4.

 

Shareholders who held their ordinary shares in CREST prior to the consolidation will have the new ordinary shares credited to their CREST accounts as soon as practicable today.  Shareholders who held their ordinary shares in certificated form will have replacement share certificates posted (at the risk of the Shareholder) to them no later than 6 December 2019.

 

As a result of the share consolidation, the Company's issued share capital now consists of 838,538,596 ordinary shares of 3717/84 pence each, of which 10,883,843 shares are held in treasury.

 

The total number of voting rights in Signature Aviation plc is 827,654,753.  This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Signature Aviation plc under the Disclosure and Transparency Rules.

 

 

 

 

 

Notes:

 

The Group will publish its preliminary results for the year ending 31 December 2019 on 3 March 2020.

 

 

Enquiries:

Signature Aviation plc

David Crook, Group Finance Director

Kate Moy, Head of Investor Relations and Communications

(020) 7514 3999

 

Tulchan Communications

David Allchurch

(020) 7353 4200

 

 

Information on Signature Aviation plc

 

Signature Aviation plc is a market leading, global aviation support and aftermarket services provider, primarily focused on servicing the Business and General Aviation (B&GA) market. We support our customers through our principal business Signature and Global Engine Services/Engine Repair and Overhaul (ERO).

 

Signature, including Signature FBO, TECHNICAirTM and EPIC Fuels, provides premium, full-service flight and home base support including refuelling, ground handling and MRO services through the world's largest fixed base operation (FBO) network for B&GA users with around 200 locations covering key destinations in North America, Europe, South America, Caribbean, Africa and Asia. EPIC Fuels is a provider of aviation fuels, supplies and services operating at more than 200 locations.

 

On 1 March 2018, the Company announced that it was conducting a strategic review of the ERO business and, at the end of May 2018, management committed to a plan to sell substantially all of the business and the relevant assets and liabilities were classified as held for sale. The sale process is ongoing.

 

On 22 November 2019, the Company changed its name from BBA Aviation plc to Signature Aviation plc.

 

For more information, please visit www.signatureaviation.com 

 

 


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 [email protected] or visit www.rns.com.
 
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Quick facts: Signature Aviation PLC

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