Gama Aviation provided an update on its £20 million order for three Airbus H145 helicopters, as reported on 24 December 2018. The Company has completed this purchase and taken title to all three helicopters. Preparations for the deployment of the helicopters from 1 June 2020 in support of a long-term contract are proceeding to plan. The purchase was funded through a new £20 million term loan secured with HSBC on competitive terms (the "Loan"). The Loan is separate from the Group's $50 million revolving credit facilities (the "RCF") which was transferred from RBS to HSBC on improved terms last November. The Loan and the RCF (collectively the "Facilities") are subject to customary banking security arrangements. In negotiating the preferential terms of these new Facilities, the Group enjoyed the support of its largest investor, CKHH (Hutchison) ("CKHH") which has a long-standing corporate relationship with HSBC. The Facilities are not guaranteed by CKHH.