2 May 2013 12:18
2 May 2013
fastjet plc
("fastjet" or the "Company")
Issue of Equity
Further to the Company's announcement on 14 March 2013, fastjet announces that the Company has today issued 37,692,308 new ordinary shares of 1 pence (the "Conversion Shares") each at par to Bergen Global Opportunity Fund, LP ("Bergen") in accordance with the Convertible Security Deed entered into between the Company and Bergen (the "Agreement"). The Conversion Shares rank pari passu in all respects with existing ordinary shares in fastjet. Application has been made for the Conversion Shares to be admitted to trading on AIM, which is expected to take place on 8 May 2013.
Following issue of the Conversion Shares the Company's enlarged issued share capital is 2,315,108,869 ordinary shares with voting rights. This figure of 2,315,108,869 ordinary shares 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.
For media enquiries please contact:
UK media - Citigate Dewe Rogerson Tel: +44 (0) 20 7638 9571
Angharad Couch
Patrick Donovan
Chris Barrie
Eleni Menikou
Africa Media - Africa Practice Tel: +254 (0) 20 239 6899
Natalie Maule
Anna Riley
Joan Kiambati
Meg Muigai
Evelyn Njoroge
For investor enquiries please contact:
fastjet plc Tel : +44(0)20 3651 6355
Alexandra Dent, Company Secretary
WH Ireland Limited Tel: +44 (0) 20 7220 1666
James Joyce
Nick Field
NOTES TO EDITORS
About fastjet plc
fastjet plc is quoted on the London Stock Exchange's AIM market. For more information see www.fastjet.com