Doric Nimrod Air Two Limited Asset Sale Update
October 02 2024 - 9:48AM
RNS Regulatory News
RNS Number : 6856G
Doric Nimrod Air Two Limited
02 October 2024
2 October 2024
DORIC NIMROD
AIR TWO
LIMITED
(Legal Entity Identifier:
213800ENH57LLS7MEM48)
ASSET SALE UPDATE
On 21 August 2024 the Company
announced its agreement to sell its remaining five Airbus A380-861
aircraft to Emirates (the "August Announcement").
Further to the August Announcement,
the Board is happy to announce that, following the Lease End Dates
for MSNs 105 and 106, sale proceeds of £61.41m have been received
with title successfully passing to Emirates.
For the Company's three remaining
Airbus A380-861 aircraft (MSNs 107, 109 and 110), operating leases
will continue as contracted until the respective Lease End
Dates.
The Board intends to provide further
updates in due course regarding the distribution of total sale
proceeds, as anticipated in the August announcement.
For
further information, please contact:
For administrative and company
information:
JTC
Fund Solutions (Guernsey) Limited
+44 (0) 1481 702400
For shareholder
information:
Nimrod Capital LLP
+44 (0) 20 7382 4565
END OF ANNOUNCEMENT
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