tiprankstipranks
Gama Aviation Proposes Shareholder Payout and AIM Delisting
Company Announcements

Gama Aviation Proposes Shareholder Payout and AIM Delisting

Gama Aviation (GB:GMAA) has released an update.

Pick the best stocks and maximize your portfolio:

Gama Aviation PLC has announced a plan to return £32.6 million to shareholders through a tender offer, alongside the cancellation of trading its shares on the AIM market. The company has scheduled a General Meeting for May 15, 2024, to discuss resolutions related to the proposed capital return and delisting. Shareholders holding a significant portion of issued share capital have already expressed support for the resolutions, indicating likely approval.

For further insights into GB:GMAA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskGama Aviation Announces Key Board Resignations
TipRanks UK Auto-Generated NewsdeskGama Aviation Eyes Acquisition of Tyrolean Jet Services
TipRanks UK Auto-Generated NewsdeskGama Aviation Concludes Tender Offer
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App