Fastjet PLC Exercise of warrants (3623O)
04 November 2016 - 8:20PM
UK Regulatory
TIDMFJET
RNS Number : 3623O
Fastjet PLC
04 November 2016
fastjet Plc
("fastjet" or the "Company")
(AIM: FJET)
Exercise of Warrants
04 November 2016
fastjet (AIM:FJET), Africa's low-cost airline, announce that
application has been made for the admission to trading on AIM
("Admission") for 421 new ordinary shares of 1p each in the Company
("Ordinary Shares") pursuant to the exercise of shareholder
warrants. All the warrants exercised had an exercise price of 31.5
pence per warrant. The new Ordinary Shares will rank pari passu in
all respects with the existing Ordinary Shares of the Company.
Admission of the new Ordinary Shares is expected on 09 November
2016.
Following Admission, the Company's issued share capital will
comprise 96,750,283 Ordinary Shares and may be used by shareholders
in the Company as the denominator for the calculations by which
they will determine if they are required to notify their interest
in, or a change in their interest in, the share capital of the
Company under the FCA's Disclosure and Transparency Rules. The
Company does not hold any shares in treasury.
For more information, contact:
fastjet Plc Tel: +44 (0) 20 3651
6307
Nico Bezuidenhout, Chief Executive
Officer
Lisa Mitchell, Chief Financial
Officer
UK media - Citigate Dewe Rogerson Tel: +44 (0) 20 7638
9571
Eleni Menikou
Toby Moore
Nick Hayns
South African media - Tribeca Tel: +27 (0) 11 208
Public Relations 5500
Cian Mac Eochaidh
Kelly Webster
For investor enquiries please
contact:
Liberum Capital Limited - Tel: +44 (0) 20 3100
Nominated Adviser and Joint 2222
Broker
Clayton Bush
Christopher Britton
Jill Li
NOTES TO EDITORS
About fastjet Plc
fastjet Plc is the holding company of the low cost airline
fastjet which commenced flights under the fastjet brand in Tanzania
in November 2012. By adhering to international standards of safety,
quality, security and reliability; fastjet has brought a new flying
experience to the African market at unprecedented low prices.
Utilising a fleet of modern jet aircraft, fastjet has a long term
strategy to implement the low-cost carrier model across Africa to
become the continent's first low-cost, pan-Africa airline.
The results of the second quarter 2016 customer satisfaction
surveys showed that an average of 73% of customers were likely to
recommend fastjet to a friend. In developing its strong brand and
identity, fastjet has won and been nominated for a number of
awards, including Africa's Leading Low-Cost Airline 2016 at the
23rd World Travel Awards, winning three Transform awards for the
rebrand and launch of fastjet, the award for "Brand Strategy of the
Year" at 2014's Drum Marketing Awards in London, and the Transport
Innovator Award at the 8th Transport Africa Awards 2015 in
Johannesburg.
This announcement contains inside information for the purposes
of the Market Abuse Regulation.
fastjet Plc is quoted on the London Stock Exchange's AIM
Market.
For more information see www.fastjet.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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