Source - LSE Regulatory
RNS Number : 3670S
Gama Aviation PLC
03 November 2023

3 November 2023

 Gama Aviation Plc

(the "Company")


Result of General Meeting


Gama Aviation Plc, the business aviation services company, announces the results of the voting on the resolution at the General Meeting held on 3 November 2023 to approve the disposal of the Group's US MRO Business, Gama Aviation (Eng) Inc. ("GAEI"), trading as Jet East ("Jet East") via the sale of Gama Group Inc. ("GGI") to West Star Aviation Enterprises, LLC ("West Star Aviation") (the "Disposal"), as required under Rule 15 of the AIM Rules for Companies. A poll was held on the Resolution.


The Resolution was duly passed by the requisite majority.  The poll results are set out below:




To approve the sale of Gama Group Inc. on the terms of the Sale Agreement (as defined and further described in the circular to shareholders dated 18 October 2023), being a disposal resulting in a fundamental change of business for the purposes of Rule 15 of the AIM Rules for Companies.


Votes for


Votes against


Votes total

% of issued share capital

Votes withheld (Note)










Note: A 'vote withheld' is not a vote under English law and is not counted in the calculation of votes 'for' or 'against' a resolution.


At the date of the General Meeting, the Company's issued share capital was 63,961,279 ordinary shares of £0.01 each. Ordinary shareholders are entitled to one vote per ordinary share held.


Approval of the Resolution by the Company's shareholders is the final condition to be satisfied pursuant to the Sale Agreement in respect of the Disposal and, as such, the Disposal is expected to complete shortly. A further announcement will be released upon completion.


For further information on the Company, please visit or contact:


Gama Aviation Plc                                                                   +44 (0) 1252 553000


Marwan Khalek, Chief Executive Officer


WH Ireland Limited (Nominated Adviser)                               +44 (0) 207 220 1666


James Joyce

Sarah Mather


Dial Partners LLP, Lead Financial Adviser

Angus Russell, Partner

Sandor de Jasay, Managing Director

Tel: +44 207 098 7098



Camarco (PR)                                                                            +44 (0) 203 757 4992


Ginny Pulbrook

Geoffrey Pelham-Lane



Gama Aviation - Notes to Editors

Founded in 1983 with the simple purpose of providing aviation services that equip its customers with decisive advantage, Gama Aviation Plc (LSE AIM: GMAA) is a highly valued global partner to blue chip corporations, government agencies, healthcare trusts and private individuals.

 The Group has three global divisions: 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).

 More details can be found at:  




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