Amedeo Air Four Plus Ltd (AA4) ORD NPV

Amedeo Air Four Plus Limited is a Guernsey-based specialist fund. The Company's investment objective is to obtain income returns and a capital return for its shareholders by acquiring, leasing, and then selling aircraft. To pursue its investment objective, the Company sought to use the net proceeds of placings and/or other equity capital raisings, together with debt facilities, to acquire aircraft, which it leased to one of three airlines. It has a portfolio of six A380-800 aircraft, two 777-300ER aircraft and four A350-900 aircraft. The six A380s and the two 777 aircraft are leased to Emirates and the four A350 aircraft are leased to Thai Airways. It has approximately12 wholly owned aircraft-owning subsidiaries and two Irish leasing subsidiaries. Its subsidiaries include AA4P Alpha Limited, AA4P Beta Limited, AA4P Gamma Limited, AA4P Delta Limited, AA4P Epsilon Limited, AA4P Nu Limited, AA4P Leasing Ireland Limited, AA4P Leasing Ireland 2 Limited, and AA4P Xi Limited.

To obtain income returns and a capital return for its Shareholders by acquiring, leasing and then selling aircraft. To pursue its investment objective, the Company sought to use the net proceeds of placings and/or other equity capital raisings, together with debt facilities, to acquire aircraft which it leased to one of three major airlines.

• Ongoing charge13.38%
• Annual management charge2.50% of Total Assets
• Performance feeNo

The Group pays Amedeo Services GBP10,250 p.a. adjusted annually for inflation from onwards, at 2.5 % p.a., payable annually in advance.