20 Dec 2022 14:59
DORIC NIMROD AIR ONE LIMITED (the "Company")
(Legal Entity Identifier: 2138009FPM7EH4WDS168)
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DORIC NIMROD AIR ONE LIMITED
ASSET SALE UPDATE
On 15 July 2022 the Company announced its agreement to sell its Airbus A380-861 aircraft to Emirates (the "July Announcement").
Further to the July Announcement, the Board is happy to announce that, following the Lease End Date, sale proceeds of ÂŁ25.30m have been received with title successfully passing to Emirates.
The Board wishes to thank Emirates for its part in this transaction, and the Board intends to provide a further update to shareholders, in relation to the return of the proceeds and the liquidation of the Company, in January 2023.
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For further information, please contact:
For administrative and company information:
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JTC Fund Solutions (Guernsey) Limited
+44 (0) 1481 702400
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For shareholder information:
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Nimrod Capital LLP
+44 (0) 20 7382 4565
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END OF ANNOUNCEMENT
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E&OE - in transmission
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