Fastjet PLC Director/PDMR Shareholding (7162G)
August 09 2016 - 10:06AM
UK Regulatory
TIDMFJET
RNS Number : 7162G
Fastjet PLC
09 August 2016
fastjet Plc
("fastjet" or the "Company")
09 August 2016
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1 Details of the person discharging managerial
responsibilities/person closely associated
--- -------------------------------------------------------------
a) Name Colin Child
--- ------------------------- ----------------------------------
2 Reason for the notification
--- -------------------------------------------------------------
a) Position/status PDMR
--- ------------------------- ----------------------------------
b) Initial 09 August 2016
notification/
Amendment
--- ------------------------- ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform,
auctioneer or auction monitor
--- -------------------------------------------------------------
a) Name Fastjet Plc
--- ------------------------- ----------------------------------
b) LEI N/A
--- ------------------------- ----------------------------------
4 Details of the transaction(s): section
to be repeated for (i) each type of
instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place
where transactions have been conducted
--- -------------------------------------------------------------
a) Description Ordinary Share
of the Warrant
financial
instrument,
type of
instrument
GB00BWGCH354
GB00BD3H7G38
Identification
code
--- ------------------------- ----------------------------------
b) Nature Subscription of ordinary shares
of the and warrants pursuant to the
transaction Placing announced on 21 July
2016. The warrants have an
exercise price of 31.5 pence
per share and an exercise period
from the date of issue until
31 July 2021. Following the
transaction, Mr Child's holding
of 140,000 ordinary shares
represents 0.14 per cent. of
the Company's issued share
capital
--- ------------------------- ----------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ------------- ----------
Ordinary
shares
50.0 pence 140000
Warrants
0 pence 140000
------------- ----------
--- ------------------------- ----------------------------------
d) Aggregated
information
* Aggregated volume Ordinary Shares
140000
50.0 pence
* Price
Warrants
140000
* Aggregated volume 0 pence
* Price
--- ------------------------- ----------------------------------
e) Date of 09 August 2016
the transaction
--- ------------------------- ----------------------------------
f) Place London, UK
of the
transaction
--- ------------------------- ----------------------------------
For more information, contact:
fastjet Plc Tel: +44 (0) 20 3651
6307
Lisa Mitchell, CFO
UK media - Citigate Dewe Rogerson Tel: +44 (0) 20 7638
9571
Toby Moore
Eleni Menikou
Nick Hayns
South African media - Tribeca Tel: +27 (0) 11 208
Public Relations 5500
Cian Mac Eochaidh
Kelly Webster
For investor enquiries please
contact:
Liberum Capital Limited - Tel: +44 (0) 20 3100
Nominated Adviser and Joint 2222
Broker
Clayton Bush
Christopher Britton
Jill Li
W.H. Ireland Ltd.- Joint Tel: +44 (0) 20 7220
Broker 1666
James Joyce
Mark Leonard
NOTES TO EDITORS
About fastjet Plc
fastjet Plc is the holding company of the low cost airline
fastjet which commenced flights under the fastjet brand in Tanzania
in November 2012. By adhering to international standards of safety,
quality, security and reliability; fastjet has brought a new flying
experience to the African market at unprecedented low prices.
Utilising its fleet of Airbus A319s, fastjet is implementing the
low-cost model across Africa with a long-term strategy to become
the continent's first low-cost, pan-Africa airline.
The results of the second quarter 2016 customer satisfaction
surveys showed that an average of 73% of customers were likely to
recommend fastjet to a friend. In developing its strong brand and
identity, fastjet has won and been nominated for a number of
awards, including Africa's Leading Low-Cost Airline 2016 at the
23(rd) World Travel Awards, winning three Transform awards for the
rebrand and launch of fastjet, the award for "Brand Strategy of the
Year" at 2014's Drum Marketing Awards in London, and the Transport
Innovator Award at the 8th Transport Africa Awards 2015 in
Johannesburg.
fastjet Plc is quoted on the London Stock Exchange's AIM
Market.
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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