17th November 2006
BBA Aviation plc (previously BBA Group plc) (the "Company")
Completion of the demerger of Fiberweb plc and change of name to BBA
Aviation plc
The Company is pleased to announce the completion of the demerger
of Fiberweb plc and the consolidation of the Company's ordinary share
capital. Accordingly, the Company's issued consolidated ordinary shares
and Fiberweb plc's issued shares were admitted earlier today to the
Official List of the UK Listing Authority and to trading on the London
Stock Exchange's market for listed securities.
The Company is also pleased to announce the change of its name from
BBA Group plc to BBA Aviation plc earlier today.
The Company's consolidated shares are trading under the ticker "BBA"
and Fiberweb plc's shares are trading under the ticker "FWEB".
This announcement does not constitute an offer of, or the solicitation
of an offer to buy or subscribe for, or to sell, exchange or transfer
any securities in any jurisdiction. Securities may not be offered,
sold or transferred in the United States absent registration or an
applicable exemption from the registration requirements of the US
Securities Act of 1933, as amended.
Enquiries:
BBA Group plc
Michael Harper, Chief Executive
Andrew Wood, Finance Director
020 7514 3999
Citigroup
Philip Robert-Tissot
David Plowman
020 7986 4000
Merrill Lynch
Richard Taylor
John Plaxton
020 7628 1000
Hoare Govett Limited
Bob Pringle
Neil Collingridge
020 7678 8000
JPMorgan Cazenove
Julian Cazalet
Robert Constant
020 7588 2828
Brunswick (for BBA Aviation enquiries)
Lucie Anne Brailsford
Jemma Hill
020 7404 5959
Weber Shandwick Square Mile (for Fiberweb enquiries)
Ian Bailey
Nick Dibden
020 7067 0700