GlobeNewswire Inc | Dec 28, 2020 01:43PM EST

December 28, 2020

BURLINGAME, Calif., Dec. 28, 2020 (GLOBE NEWSWIRE) -- AeroCentury Corp. (NYSE Amex: ACY), an independent aircraft leasing company, released the following statement regarding recent market activity in the Companys stock:

In view of the unusual market activity in the stock of AeroCentury Corp (NYSE Amex: ACY), today, the New York Stock Exchange halted trading in the Companys stock, and contacted the Company in accordance with the NYSEs usual practice. Normally, the Company does not comment on market activity or rumors. However, the Company confirms that it is not aware of any undisclosed material change or development in its business and operations that would account for the recent unusual market activity in the Companys stock.

AeroCentury is an aircraft operating lessor and finance company specializing in leasing regional aircraft utilizing triple net leases. The Companys aircraft are leased to regional airlines and commercial users worldwide.

Harold M. Lyons Chief Financial Officer (650) 340-1888