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.

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!
Optimize your mobile reading experience. Download the TipRanks App today!