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Pin to quick picksDoric Nimrod 2 Regulatory News (DNA2)

Share Price Information for Doric Nimrod 2 (DNA2)

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Doric Nimrod Air Two is an Investment Trust

To obtain income returns and a capital return for its shareholders by acquiring, leasing and then selling aircraft.

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Statement re acquisition of fourth aircraft

3 Oct 2012 11:30

RNS Number : 8233N
Doric Nimrod Air Two Limited
03 October 2012
 



NOT FOR DISTRIBUTION OR RELEASE IN ANY JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW

DORIC NIMROD AIR TWO LIMITED

DORIC NIMROD AIR FINANCE ALPHA LIMITED

Acquisition of the fourth aircraft

3 October 2012

 

Doric Nimrod Air Two Limited ("DNA2") and its wholly-owned subsidiary Doric Nimrod Air Finance Alpha Limited ("DNA Alpha") are pleased to announce that DNA Alpha, on 1 October 2012 purchased an Airbus A380-800 aircraft bearing manufacturer's serial number 106 (the "Aircraft") for the sum of US$234,000,000.

 

DNA Alpha also entered into an Aircraft Operating Lease with Emirates pursuant to which the Aircraft would be leased to Emirates.

 

About the Company

DNA2 is a Guernsey domiciled company with shares admitted to trading on the Specialist Fund Market of the London Stock Exchange and on the Channel Islands Stock Exchange (LSE:DNA2/DN2C).

DNA Alpha is a Guernsey domiciled company with enhanced equipment trust certificates admitted to trading on the Main Market of the London Stock Exchange.

DNA2's investment objective is to obtain income returns and a capital return for its Shareholders by acquiring, leasing and then selling aircraft (the "Assets").

To pursue its investment objective, DNA2 will seek to use the net proceeds of placings and other equity capital raisings (including the C Share issue), together with debt facilities (or instruments), to initially acquire Airbus A380 aircraft which will be leased to Emirates Airlines.

The Company aims to provide Shareholders with an attractive total return comprising income, from distributions through the period of the Company's ownership of the Assets, and capital, upon the sale of the Assets.

For further information, please contact:

For administrative and company information:

Anson Fund Managers Limited

+44 (0) 1481 722260

 

 For shareholder information:

Nimrod Capital LLP

Richard Bolchover

Marc Gordon

+44 (0) 20 3355 6855

This information is provided by RNS
The company news service from the London Stock Exchange
 
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