("fastjet" or the "Company")
Change of Auditors
8 February 2019
The Company today announces that the Board of fastjet Plc appointed BDO LLP as its auditors following a comprehensive competitive tender process. The appointment will be effective for the 31 December 2018 year-end and is subject to shareholder approval at the next Annual General Meeting due to be held in June 2019.
KPMG LLP, the Company's current auditor, did not participate in the tender and has confirmed to the Company that there are no matters connected with it ceasing to hold office that need to be brought to the attention of the members or creditors of the Company for the purposes of section 519 of the Companies Act 2006.
The Board would like to thank KPMG for their contribution and dedication over the years. The Company looks forward to a constructive and professional relationship with BDO LLP in the future.
For more information, contact:
Tel: +27 (0) 10 070 5151
Nico Bezuidenhout, Chief Executive Officer
Michael Muller, Chief Financial Officer
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
About fastjet Plc
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, 2017 and 2018) 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.
Today, fastjet's route network includes flights from Harare to Bulawayo, Harare to Victoria Falls and from Harare and Victoria Falls to Johannesburg in South Africa. fastjet began branded domestic flights in Mozambique (Operated by Solenta Aviation Mozambique) in November 2017, its network presently between Maputo and Beira, Quelimane and Tete. The airline has flown over 3.5 million passengers with an impressive on-time performance aggregate, establishing itself as a punctual, reliable, and affordable carrier.
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