Lesha Bank completes the acquisition of Amedeo Air Four Plus Limited (“AA4+”)

Lesha Bank LLC (Public) ("Lesha Bank" or “Bank”) has successfully completed the acquisition of 100% of Amedeo Air Four Plus Limited (“AA4+”), an aircraft leasing company incorporated in Guernsey and listed on the London Stock Exchange. As previously announced, on 6 March 2026, Lesha Bank and AA4+ reached agreement regarding the terms of a recommended cash acquisition for the entire issued share capital of AA4+ by LAC 10, a newly incorporated wholly-owned subsidiary of Lesha Bank. The acquisition is at a price of 73 pence per AA4+ share, which implies an equity value of AA4+ of approximately GBP 190 million (equivalent to approximately QAR 916.5 million at the current exchange rate), and was implemented by way of a court-sanctioned scheme of arrangement under Guernsey law (the "Scheme"). On 25 June 2026, the Royal Court of Guernsey granted a court order confirming that it has sanctioned the Scheme, and as a result the Scheme is effective in accordance with its terms. AA4+ has been delisted from the London Stock Exchange.