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On 5 March 2025, Amedeo Air Four Plus Limited, via its wholly owned subsidiary AA4P Beta Limited, received a notice from Emirates. Emirates exercised the "half-life" option for aircraft MSN 164 (A6-EOB), which entails a cash sum payment as part of monetary compensation based on the aircraft's physical condition versus half-life condition. The lease expiry date for MSN 164 is 3 November 2026.
| Date | 5 Mar 2025 |
| Time | 12:55:27 |
| Category | Miscellaneous |
| ID | 4880Z |
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.