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AVAP

0.31%
NEUTRAL

Avation Director Increases Shareholding

Why we think this is neutral

This RNS announcement details a director's purchase of additional shares in the company, which is a routine corporate action and does not indicate any significant changes to the company's operations or financial performance.

Key Points

  • Executive director Mark Stephen Shelton has purchased 1,340 ordinary shares in Avation PLC
  • Shelton's total shareholding now stands at 24,840 shares, or 0.04% of the issued share capital

Summary

The aircraft leasing company announces that an executive director has purchased additional shares in the business.

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, has announced that Mark Stephen Shelton, an executive director, has purchased 1,340 ordinary shares off-market at a price of 147.5 pence per share. This increases his direct and indirect holdings in the company to 24,840 shares, representing 0.04% of the issued share capital.

DIRECTOR DEALINGS