Avation PLC Grants Share Warrants to Directors and Employees
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Avation PLC has granted 921,000 share warrants to its directors and employees as part of a long-term incentive plan, following shareholder approval. The warrants have a three-year vesting period and an exercise price of 140 pence per share. This move aims to align the interests of the company's leadership and staff with its growth objectives. Avation faces financial challenges, with high leverage and negative profitability impacting its performance. The stock is rated as 'Hold' with a £135.00 price target, and technical analysis indicates bearish momentum.
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