Inactive Instrument

Gama Aviation Plc

GMAA

GB00B3ZP1526

Gama Aviation set for AIM exit this week

May 28, 2024 at 03:36 pm EDT

Gama Aviation PLC - Farnborough, England-based aviation services company - Shares are to be cancelled from AIM on Friday, after shareholders backed its delisting in a general meeting earlier in May. It proposed the delisting in April, noting the "permanent cost savings" this would bring and "highly illiquid" trading of shares. Shareholders had also approved a return of GBP32.6 million at that meeting.

Current stock price: 95.50 pence

12-month change: up 87%

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Latest news about Gama Aviation Plc

Gama Aviation Plc Reports Earnings Results for the Full Year Ended December 31, 2023	Jun. 13	CI
Gama Aviation Plc Announces Board Changes	May. 30	CI
Gama Aviation set for AIM exit this week	May. 28	AN
Gama Aviation in talks to buy Tyrolean Jet Services	May. 24	AN
Gama Aviation Confirms Discussions to Acquire the Business of Tyrolean Jet Services	May. 24	CI
Libertine's strategic review; One Health sales up	Apr. 29	AN
88 Energy firms bookbuild; Gama Aviation inks deal	Apr. 24	AN
Gama Aviation Partners with Department 13 to Deliver A New Counter UAS Proposition	Apr. 24	CI
Alpha Real Trust says in "robust" financial shape	Mar. 01	AN
ReNeuron warns; Gama Aviation pledges cash return	Feb. 05	AN
Gama Aviation to Launch GBP16.5 Million Tender Offer	Feb. 05	MT
Gama Aviation Plc announces an Equity Buyback for 17,500,000 shares, representing 27% for £16.5 million.	Feb. 05	CI
Gama Aviation plc Provides Group Revenue Guidance for the Fiscal Year 2023	Feb. 05	CI
Gama Aviation Plc authorizes a Buyback Plan.	Feb. 04	CI
EARNINGS AND TRADING: Asia Strategic loss narrows; Verici Dx grant win	Jan. 31	AN
Gama Aviation Plc acquired Business of Specialist Aviation Services Limited.	Jan. 30	CI
Gama Aviation Confirms Talks to Acquire UK-based Specialist Aviation Services Ltd	Jan. 08	MT
Gama Aviation in talks to buy Specialist Aviation business	Jan. 08	AN
Gama Aviation Confirms Is in Discussions to Acquire the Business of Specialist Aviation	Jan. 08	CI
Gama Aviation Completes $131 Million Divestment of Jet East	Nov. 03	MT
Gama Aviation shares up as completes USD131 million sale of Jet East	Nov. 03	AN
Gama Aviation Shareholders Approve Sale of Jet East	Nov. 03	MT
AIM WINNERS & LOSERS: Gama Aviation eyes returns from Jet East sales	23-10-18	AN
Gama Aviation to Sell Jet East Business in $131 Million Deal; Stock Soars	23-10-18	MT
Gama Aviation shares surge on agreeing to sell Jet East to West Star	23-10-18	AN

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Company Profile

Gama Aviation Plc is a United Kingdom-based business aviation services company. The Company has three business units: Business Aviation (Aircraft Management, Charter, FBO & Maintenance), Special Mission (Air Ambulance & Rescue, National Security & Policing, Infrastructure & Survey, Energy & Offshore); and Technology & Outsourcing (Flight Operations, FBO, CAM software, Flight Planning, CAM & ARC services). The Business Aviation excluding MRO US CGU represents services provided to its private and corporate clients to safely enable their private jet travel requirements. The Special Mission CGU represents services provided to governments and corporations which rely on aviation assets to perform a specialized, often time critical, mission. The Technology & Outsourcing CGU represents advisory, technology, and outsourcing services to aviation clients who seek to gain a decisive advantage using real and near real time intelligence. It serves private individuals, corporations, and governments.

Sector

Airlines

Calendar

2024-09-22 - Q2 2024 Earnings Release (Projected)

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