Gama Aviation : Appointment of Chief Financial Officer

RNS Number : 0399N

Gama Aviation PLC

20 September 2019

Date: 20^th September 2019

This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) No 596/2014

Gama Aviation Plc (AIM: GMAA)

('Gama Aviation' or the 'Company')

Appointment of Chief Financial Officer

Gama Aviation Plc, the global business aviation services company, today announces Daniel Ruback's appointment to the post of Chief Financial Officer ('CFO'). Daniel's appointment will be effective from 16^th December 2019 when he will also join the Company's Board.

Daniel is Finance Director, Signature Flight Support EMEA, a part of BBA Aviation plc, the world's largest fixed base operation (FBO) network operator with over 200 global locations. His responsibilities at Signature included the delivery of the EMEA business plan and strategic objectives, alongside ownership of the financial reporting, control, risk and compliance frameworks. From 2006 to 2015 Daniel worked at Smiths Group plc, the FTSE 100 global technology company in several roles, including a two-year assignment as Director, Operational Finance, Smiths Detection USA and finally as Head of Divisional Business Partnering, Smiths Detection. Daniel is a qualified chartered accountant.

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

'I am delighted to welcome Daniel to our executive leadership team, and I look forward to forward to working closely with him. Daniel brings with him a strong, proven background in aviation as well as significant knowledge running international finance teams in diverse businesses. This valuable experience will accelerate the improvements we are already delivering and help drive the next stage of our growth.'

Simon To, Chairman of Gama Aviation Plc said:

'The Board is delighted to welcome Daniel to Gama Aviation. His appointment, which was diligently assessed and recommended by the nominations committee, completes a strong Board with the necessary range of complementary skills and expertise to navigate the challenging global trading conditions apparent in our key markets while driving ahead with our growth strategy.'

End

Gama Aviation Plc [phone]

Marwan Khalek, Chief Executive

Camarco[phone]

Ginny Pulbrook

Geoffrey Pelham-Lane

Jefferies International [phone]

(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 Daniel Ruback to the Board of Gama Aviation Plc.

In the past 5 years, Mr Daniel Ruback, aged 42, has held the following positions where he was acting in the capacity of a director:

Current directorships:

Signature Flight Support Athens S.A.	January 2017 - Present
Signature Flight Support Italy Srl	April 2016 - Present
RSS Jet Centre (Prestwick) Limited	February 2016 - Present
Landmark Aviation (UK) Limited	February 2016 - Present
RSS Jet Centre Limited	February 2016 - Present
SFS Munich GmbH & Co.KG	July 2015 - Present
SFS Verwaltungs GMBH	July 2015 - Present
Signature Flight Support Cape Town (Pty) Limited	April 2015 - Present
Signature Flight Support South Africa (Proprietary) Limited	April 2015 - Present
Signature Flight Support Irish Holdings Limited	March 2015 - Present
Signature Flight Support Dublin Limited	March 2015 - Present
Signature Flight Support Shannon Limited	March 2015 - Present
Signature Refuellers Limited	February 2015 - Present
Signature Flight Support UK Regions Limited	February 2015 - Present
Signature Flight Support London Luton Limited	February 2015 - Present
Signature Flight Support (Gatwick) Limited	February 2015 - Present
Signature Flight Support Heathrow Limited	February 2015 - Present
Signature Flight Support Limited	February 2015 - Present
Signature Flight Support Southampton Limited	February 2015 - Present
Lynton Aviation Limited	February 2015 - Present
Execair (Scotland) Limited	February 2015 - Present
SFS (Gatwick) Limited	February 2015 - Present
Edinburgh Refuellers Limited	February 2015 - Present
European Helicopters Limited	February 2015 - Present
Lynton Corporate Jet Limited	February 2015 - Present
Air Manson Limited	February 2015 - Present
Execair Aviation Services Limited	February 2015 - Present
Execair (East Midlands) Limited	February 2015 - Present
Lynton Aviation Aircraft Sales Limited	February 2015 - Present
Dollar Air Services Limited	February 2015 - Present

Previous directorships, last 5 years:

Menzies Aviation (ASIG Ground Handling) Limited	September 2015 - January 2017
ASIG Manchester Limited	September 2015 - January 2017
Menzies Aviation (ASIG) Limited	February 2015 - January 2017
Smiths Heimann Limited	January 2014 - January 2015
Smiths Detection Limited	January 2014 - January 2015

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

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