Fastjet PLC Exercise of Warrants (5543P)
February 11 2019 - 1:00AM
UK Regulatory
TIDMFJET
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 Tel: +44 (0) 20 3100 2222
Adviser and Broker
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 rns@lseg.com or visit www.rns.com.
END
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