Avation: Transaction in Own Shares

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, announces that on 19 July 2019 the Company repurchased 300,000 ordinary shares. The shares were acquired through the market for 272 pence per share and will be held in treasury.

The Company now holds 600,000 treasury shares. Treasury shares are not taken into consideration in relation to the payment of dividends and voting at shareholder meetings.

There are 64,609,939 ordinary shares of the Company in issue. Following this transaction there are 64,009,939 total voting rights for the purpose of calculating shareholders' percentage voting rights.