RNS Number : 4880Z
Amedeo Air Four Plus Limited
05 March 2025
 

This announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 which forms part of domestic law in the United Kingdom pursuant to The European Union Withdrawal Act 2018, as amended by The Market Abuse (Amendment) (EU Exit) Regulations 2019.

 

5 March 2025

 

AMEDEO AIR FOUR PLUS LIMITED (the "Company")

(LSE: AA4, LEI: 21380056PDNOTWERG107)

 

ASSET UPDATE: REDELIVERY CONDITION SIDE LETTER

 

Overview

Amedeo Air Four Plus Limited (the "Company") is a Guernsey domiciled company with shares admitted to trading on the Specialist Fund Segment of the London Stock Exchange's Main Market.

 

AA4P Beta (MSN164) Redelivery Condition Side Letter

 

The Company, via its wholly owned subsidiary AA4P Beta Limited (the "Subsidiary") has received a notice from Emirates in respect of MSN 164 (registration A6-EOB, the "Aircraft") exercising the "half-life" option for a potential aircraft return. The option provides for a cash sum that Emirates will pay as a part of the monetary compensation arrangements where the final monetary payment will be based on the actual physical condition of the aircraft vs half-life condition. The lease expiry date for MSN 164 is 3 November 2026.

 

The Board notes that the above does not preclude the Company from considering lease extension, sale or re-lease options for the Aircraft with Emirates or other counterparties.

 

This announcement has been released by JTC Fund Solutions (Guernsey) Limited, Company Secretary on behalf of the Company.

 

For further information, please contact:

JTC Fund Solutions (Guernsey) Limited

+44 (0) 1481 702 400

Panmure Liberum Limited

Chris Clarke / Darren Vickers

+44 (0) 20 3100 2000

Link Asset Services

+44 (0) 3716 640 300

About the Company

The Company is a Guernsey-domiciled company, with shares admitted to trading on the Specialist Fund Segment of the London Stock Exchange's Main Market (LSE: AA4).

The Company's investment objective is to obtain income returns and a capital return for its Shareholders by acquiring, leasing and then selling aircraft.

 

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