Fastjet PLC Exercise of Warrants (7928V)
07 November 2017 - 10:18PM
UK Regulatory
TIDMFJET
RNS Number : 7928V
Fastjet PLC
07 November 2017
fastjet Plc
("fastjet" or the "Company")
7 November 2017
Exercise of Warrants
fastjet (AIM: FJET), Africa's low-cost airline, announces that
application has been made for the admission to trading on AIM
("Admission") for 1,378 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 13 November
2017.
Following Admission, the Company's issued share capital will
comprise 522,408,205 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
Nico Bezuidenhout, Chief Executive 3651 6307
Officer
Michael Muller, Chief Financial
Officer
UK media - Citigate Dewe Rogerson Tel: +44 (0) 20
Toby Moore 7638 9571
Eleni Menikou
Nick Hayns
South African media - Hein Kaiser Tel: +27 (0) 82
520 0555
For investor enquiries please
contact:
Liberum Capital Limited - Nominated Tel: +44 (0)
Adviser and Broker 20 3100 2222
Clayton Bush
Jill Li
Neil Elliot
NOTES TO EDITORS
About Fastjet Plc
fastjet is a multi-award winning (including Skytrax World
Airline Awards Best Low-Cost Airline in Africa 2017) low-cost
African airline for everyone. It began flight operations in
Tanzania in November 2012, flying passengers from Dar es Salaam to
just two domestic destinations - Kilimanjaro and Mwanza. Today,
fastjet's route network includes Tanzanian domestic routes from its
Dar es Salaam base to Kilimanjaro, Mbeya, and Mwanza, and
international routes from Tanzania to Lusaka in Zambia and Harare
in Zimbabwe. fastjet also began flight operations from its Zimbabwe
base in October 2015, and now flies domestically from Harare to
Victoria Falls, Harare to Dar es Salaam and internationally from
both Harare and Victoria Falls to Johannesburg in South Africa. The
airline has flown over 2.5 million passengers with an impressive
aggregate 94% on-time performance, establishing itself as a
punctual, reliable, and affordable low-cost carrier.
fastjet Plc is quoted on the London Stock Exchange's Alternative
Investment Market ("AIM").
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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