Share Buyback/ Rule 26
17 8월 2007 - 4:00PM
UK Regulatory
RNS Number:2718C
Advent Air Limited
17 August 2007
For immediate release 17 AUGUST 2007
ADVENT AIR LIMITED
("Advent Air" or the "Company")
SHARE BUYBACK, EXERCISE OF OPTIONS AND AIM RULE 26
SHARE BUYBACK
The Board of Advent Air announces that on the 15 August 2007, and on 16 August
2007, pursuant to the authority granted to the Company by shareholders at the
Annual General Meeting of the Company held in December 2006, the Company
purchased for cancellation 1,000,000 ordinary shares at a price of 14.75p per
ordinary share, and 40,000 ordinary shares at a price of 13.875p respectively
through the market. The repurchased ordinary shares will be cancelled and
removed from trading on AIM.
EXERCISE OF OPTIONS
The Company also announces today that options owned by Mrs Siobhan Cool, Company
Secretary, have been exercised on 40,000 new ordinary shares. Application has
been made for these shares to be admitted to trading on the AIM Market of the
London Stock Exchange on 22 August 2007.
Accordingly, as a result of the share buybacks and the exercise of options, the
issued share capital of the Company and the number admitted to trading to AIM
will amount to 196,000,000 ordinary shares.
TOTAL VOTING RIGHTS
In conformity with the Transparency Directive's transitional provision 6 the
Board of Advent Air Ltd (the "Company") is required to notify the market of the
following:
As at the date of this announcement, the Company's issued share capital consists
of 196,000,000 ordinary shares, with voting rights ("Ordinary Shares"). The
Company does not hold any Ordinary Shares in Treasury.
Therefore the total number of Ordinary Shares is 196,000,000.
AIM RULE 26
The Company announces that information required by AIM Rule 26 (company
information disclosure) is available on the Company's website:
www.advent.com.sg
--ENDS--
Enquires:
Advent Air Ltd 07783 942 553
Jeff Chatfield, Chairman
Nominated Advisor 0207 220 1666
James Joyce/David Porter, W H Ireland Limited
Stockbroker
W H Ireland Limited 0207 220 1690
Philip Haydn-Slater
Financial Public Relations
Bishopsgate Communications 0207 562 3350
Maxine Barnes
Sophie Davis
Websites:
www.advent.com.sg
www.skywest.com.au
This information is provided by RNS
The company news service from the London Stock Exchange
END
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