Fastjet PLC (LON:FJET)

Fastjet PLC (LON:FJET)


Share Price
1.48 p
Change
0 (0.00 %)
Market Cap
£56.06 m
Proactive Investors - Run By Investors For Investors

Fastjet PLC RNS Release

Exercise of Warrants


RNS Number : 5543P
Fastjet PLC
11 February 2019
 

fastjet Plc
("fastjet" or the "Company")

11 February 2019

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 9 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 14 February 2019.

 

Following Admission, the Company's issued share capital will comprise 3,800,824,881 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: +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

Clayton Bush

Andrew Godber

James Greenwood

Trystan Cullen

 


UK media - Citigate Dewe Rogerson

Tel: +44 (0) 20 7638 9571

Angharad Couch

Eleni Menikou

Toby Moore

Nick Hayns


 

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.

 


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.
 
END
 
 
ALSUWSNRKNAURAR

Fastjet PLC Timeline

Newswire
July 02 2019
Newswire
December 28 2018
Copyright © Proactiveinvestors.com, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use