16 Jul 2015 17:23
fastjet Plc
("fastjet" or the "Company")
16 July 2015
Director's Dealings
fastjet was notified on 15 July 2015 of the following trades in its shares by funds of HEXAM Capital Partners LLP ("HEXAM Capital"):
HEXAM Fund | Buy/Sell | Date | No. of Shares traded | Price per share |
Ohio School Employees RS | S | 13/05/2015 | 100,000 | 118p |
Sunsuper Superannuation Fund | B | 13/05/2015 | 100,000 | 118p |
FP HEXAM Global Emerging Markets Fund | B | 30/06/2015 | 79,915 | 101p |
Ohio School Employees RS | B | 30/06/2015 | 16,851 | 101p |
Sunsuper Superannuation Fund | B | 30/06/2015 | 59,686 | 101p |
Hexam Capital Onshore Fund | S | 02/07/2015 | 82,677 | 96.26p |
Hexam Capital Onshore Fund | S | 02/07/2015 | 115,000 | 93p |
Bryan Collings, non-executive director of fastjet, is the 100% shareholder in Coppin Collings Limited which in turn owns 52% of HEXAM Capital. Further to these transactions, HEXAM Capital holds 11,046,279 Ordinary Shares in fastjet, representing approximately 16.63% of the issued share capital of the Company.
For more information, contact:
UK media - Citigate Dewe Rogerson | Tel: +44 (0) 20 7638 9571 |
Angharad Couch | |
Toby Moore | |
Nick Hayns | |
South African media - Tribeca Public Relations | Tel: +27 (0) 11 208 5500 |
Cian Mac Eochaidh | |
Kelly Webster | |
For investor enquiries please contact: | |
W.H. Ireland Ltd.- Nominated Adviser and Joint Broker | Tel: +44 (0) 20 7220 1666 |
James Joyce | |
Mark Leonard | |
Liberum Capital Limited - Joint Broker | Tel: +44 (0) 20 3100 2222 |
Clayton Bush | |
Christopher Britton |
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. The airline introduced Airbus A319s into its fleet. 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. fastjet is implementing the low-cost model across Africa and its long-term strategy is to become the continent's first low-cost, pan-African airline. fastjet Plc is also the holding company of Fly540 Angola where operations are currently suspended.
The results of a customer satisfaction survey showed that 100% 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 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