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Director/PDMR shareholding notification

24 Jan 2017 11:08

RNS Number : 9673U
Fastjet PLC
24 January 2017
 

fastjet Plc("fastjet" or the "Company")

Director / PDMR Shareholding and Notification

24 January 2017

 

The below notification is made in accordance with the requirements of the EU Market Abuse Regulation.

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Nico Bezuidenhout

2

Reason for the notification

 

a)

Position/status

 

CEO

b)

Initial notification/ Amendment

 

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

 

fastjet Plc

b)

LEI

 

21380065R92CCEM8BV22

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 of the financial instrument, type of instrument

 

 

 

Identification code

 

Ordinary Share of 1p each

 

 

 

 

 

 

ISIN: GB00BWGCH354

 

b)

Nature of the transaction

 

Subscription of ordinary shares pursuant to the Placing announced on 5 January 2017. Following the transaction, Mr Bezuidenhout 's holding of 124,522 ordinary shares represents 0.04 per cent. of the Company's issued share capital.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

 

ÂŁ0.163

 

 

124,522

 

 

 

 

d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

124,522

 

 

ÂŁ0.163

e)

Date of the transaction

 

24 January 2017

f)

Place of the transaction

 

London Stock Exchange, AIM

For more information, contact:

 

fastjet Plc

Tel: +44 (0) 20 3651 6307

Nico Bezuidenhout, Interim Chairman and Chief Executive Officer

Lisa Mitchell, Chief Financial Officer

UK media - Citigate Dewe Rogerson

Tel: +44 (0) 20 7638 9571

Toby Moore

Eleni Menikou

Nick Hayns

For investor enquiries please contact:

 

Liberum Capital Limited - Nominated Adviser and Broker

Tel: +44 (0) 20 3100 2222

Clayton Bush

Christopher Britton

Jill Li

 

 

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 a fleet of modern jet aircraft, fastjet has a long term strategy to implement the low-cost carrier model across Africa 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 23rd 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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