("fastjet" or the "Company")
28th December 2018
fastjet, the African value airline for everyone, announces today that Michael Muller has resigned as a Director of the Company and will leave fastjet at the end of March next year.
Rashid Wally, Non-Executive Director and fastjet Chairman, commented: "Michael has fulfilled the role of Chief Financial Officer with great diligence through a challenging period and demonstrated a total commitment to the development of the Company. His contribution has been considerable, and the Board wish him every success in his future after fastjet. "
A search for a new Chief Financial Officer is well underway and an announcement will be made in due course. It is anticipated that there will be an adequate handover period.
For more information, contact:
Tel: +27 (0) 10 070 5151
Nico Bezuidenhout, Chief Executive Officer
Rashid Wally, Chairman
Liberum Capital Limited - Nominated Adviser and Broker
Tel: +44 (0) 20 3100 2222
UK media - Citigate Dewe Rogerson
Tel: +44 (0) 20 7638 9571
NOTES TO EDITORS
fastjet is a multi-award winning (including Skytrax World Airline Awards Best Low-Cost Airline in Africa 2017 and Leading African Low-Cost Carrier, World Travel Awards 2016 and 2017) African value airline for everyone that began flight operations in Tanzania in November 2012, flying passengers from Dar es Salaam to just two domestic destinations - Kilimanjaro and Mwanza.
fastjet operates branded domestic flights in Mozambique between Maputo and Beira, Nampula and Tete and celebrated its third year of operations in Zimbabwe in 2018. The carrier operates between Harare and Bulawayo, Harare and Victoria Falls and from Harare and Victoria Falls to Johannesburg in South Africa. The airline has flown over 3.5 million passengers with an excellent on-time performance aggregate, establishing itself as a punctual, reliable, and affordable carrier.
This announcement is released by fastjet Plc and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of fastjet Plc, by Michael Muller, Chief Financial Officer.
fastjet Plc is quoted on the London Stock Exchange's AIM Market.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.