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Gama Aviation PLC (GMAA)

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Wednesday 30 May, 2018

Gama Aviation PLC

Appointment of Chief Financial Officer

RNS Number : 6530P
Gama Aviation PLC
30 May 2018
 

Date: 30th May 2018

Gama Aviation Plc (AIM: GMAA)

("Gama Aviation" or the "Company")

Board Change: Appointment of Chief Financial Officer

Gama Aviation Plc, the global business aviation services company, today announces David Stickland's appointment to the post of Chief Financial Officer ("CFO") following an extensive search process. David's appointment will be effective from 1st September 2018.

David, CFO at services company Addison Lee Group during its international expansion, has extensive financial and international operational experience from within the transport and service sector including roles at Serco Plc, Avis Europe Plc, Eversholt Rail Group and LeasePlan UK Limited. He  qualified as a chartered accountant with Price Waterhouse.

Commenting on the appointment, Marwan Khalek, CEO of Gama Aviation Plc said:

"We are delighted to welcome David to the Board of Gama Aviation. He joins the Group at a strategically important time as we accelerate our strategy, via our recent £48 million equity placing, to become the global market leader in business aviation services. He brings a strong financial background in ambitious, international, service-led organisations and I look forward to working with him as we continue to deliver our global strategy."

Sir Ralph Robbins, Chairman of Gama Aviation Plc said:

"In the view of the Board we have made an excellent appointment in David. His diverse service sector background, experience of financially managing growth and proven ability to build value internationally, adds another dimension to our already strong Executive team. This, when combined with our recent Non-Executive appointments, completes the Board structure required to oversee the next stage of our growth."

 

End

 

Gama Aviation Plc                                       +44 (0) 1252 553000

Marwan Khalek, Chief Executive

 

Camarco                                                      +44 (0) 20 3757 4992

Ginny Pulbrook

Geoffrey Pelham-Lane

 

Jefferies International                                 +44 (0) 207 029 8000

(Nominated Advisor & Broker)

Simon Hardy

Will Soutar

 

Gama Aviation - Notes to Editors

Gama Aviation (GMAA) is a global business aviation services company that specialises in providing support for individuals, corporations and government agencies. Gama Aviation is now one of the top three global players in a highly fragmented market, with a fleet of around 250 aircraft. Gama operates across Europe, the US, the Middle East, Asia and Africa.

 

AIM Rules for Companies Schedule 2 (g) information

The following information is disclosed in relation to the appointment of David Stickland to the Board of Gama Aviation Plc.

In the past 5 years, Mr David Stickland, aged 49, has held the following positions where he was acting in the capacity of a director:

Current directorships:

Addison Lee Holdings Ltd

July 2016 - Present

Addison Lee Midco 1 Ltd

July 2016 - Present

Addison Lee Midco 2 Ltd

July 2016 - Present

Addison Lee Financing Ltd

July 2016 - Present

Addison Lee Group Ltd

July 2016 - Present

Addison Lee Inc

July 2016 - Present

Flyte Tyme Holdings Inc

July 2016 - Present

Flyte Line Transportation LLC

July 2016 - Present

American Transportation Holdings LLC

July 2016 - Present

ATH Transport LLC

July 2016 - Present

Flyte Tyme of San Francisco Inc

July 2016 - Present

American Limousine LLC

July 2016 - Present

LA Motor Coach Company LLC

July 2016 - Present

Eventech Ltd

July 2016 - Present

Addison Lee Coaches Ltd

July 2016 - Present

Seela Ltd

July 2016 - Present

Addison Lee Ltd

July 2016 - Present

Haulmont Technology Ltd

July 2016 - Present

W1 Cars Ltd

July 2016 - Present

Professional It Logistics Ltd

July 2016 - Present

Blueback Ltd

July 2016 - Present

Addison Lee Trustee Ltd

July 2016 - Present

Addison Lee Trust

July 2016 - Present

Addison Lee Insurance Ltd

July 2016 - Present

Project Tristar Ltd

July 2016 - Present

Tristar US Group Inc

July 2016 - Present

Tristar Services US Inc

July 2016 - Present

Tristar Chauffeur Management Inc

July 2016 - Present

Tristar Vehicles Leasing Inc

July 2016 - Present

Bidycove Ltd

July 2016 - Present

Tristar Worldwide Asia Ltd

July 2016 - Present

Tristar Asia Travel Ltd

July 2016 - Present

Aptus Worldwide Ltd

July 2016 - Present

Prestige Daily Rentals and Vehicle Solutions Ltd

July 2016 - Present

Tristar Cars Ltd

July 2016 - Present

Previous directorships, last 5 years:

European Rail Finance Limited

November 2014 - July 2016

Eversholt Rail (UK) Limited

November 2014 - July 2016

Eversholt Rail Holdings (UK) Limited

November 2014 - July 2016

Eversholt Rail (380) Limited

November 2014 - July 2016

Eversholt Depot Finance (UK) Limited

November 2014 - July 2016

Eversholt Rail (365) Limited

November 2014 - July 2016

Eversholt Finance Holdings Limited

November 2014 - July 2016

Eversholt Funding Plc

November 2014 - July 2016

Eversholt Rail Finance (GB) Limited

November 2014 - July 2016

LeasePlan UK Limited

May 2008 - November 2014

Inula Holding UK Limited

May 2008 - November 2014

Dial Contracts Limited

May 2008 - November 2014

Network Vehicles Limited

May 2008 - November 2014

Automotive Leasing Limited

May 2008 - November 2014

Lease Products Limited

May 2008 - November 2014

Dial Vehicle Management Services Limited

May 2008 - November 2014

LeasePlan Finance Limited

May 2008 - November 2014

 

There is no other information in relation to Mr Stickland that requires disclosure pursuant paragraph (g) of Schedule 2 of the AIM Rules for Companies.

 


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