19 Sep 2018 09:29
fastjet Plc
("fastjet" or the "Company")
(AIM: FJET)
Directorate Change
19 September 2018
fastjet, the African value airline for everyone, announces today that Peter Hyde, a Non-Executive Director (NED) since April 2017, has resigned as a Director of the Company. With the recent appointment of Mark Hurst and due to his other time commitments, Peter has decided that now is an appropriate time to step down from the Board.
Rashid Wally, Non-Executive Director and fastjet Chairman, commented: "Peter has chaired the Audit Committee through a challenging period and demonstrated a total commitment to the development of the Company. We thank him for his contribution as a fastjet NED."
Peter Hyde said: "Although the trading and operational environment has been challenging, I have much enjoyed my time on the fastjet Board."
For more information, contact:
fastjet Plc | Tel: +27 (0) 10 070 5151 |
Nico Bezuidenhout, Chief Executive Officer Michael Muller, Chief Financial Officer | |
UK media - Citigate Dewe Rogerson | Tel: +44 (0) 20 7638 9571 |
Angharad Couch Eleni Menikou | |
Toby Moore Nick Hayns | |
GM Marketing Communication - Hein Kaiser | Tel: +27 (0) 10 007 5151 |
For investor enquiries please contact: | |
Liberum Capital Limited - Nominated Adviser and Broker | Tel: +44 (0) 20 3100 2222 |
Clayton Bush | |
Andrew Godber Trystan Cullen |
NOTES TO EDITORS
About fastjet:
fastjet is a multi-award winning (including Skytrax World Airline Awards Best Low-Cost Airline in Africa 2017 and Leading African Low-Cost Carrier, World Travel Awards 2016 and 2017) African value airline for everyone that began flight operations in Tanzania in November 2012, flying passengers from Dar es Salaam to just two domestic destinations - Kilimanjaro and Mwanza.
Today, fastjet's route network includes Tanzanian domestic routes from its Dar es Salaam base to Kilimanjaro, Mbeya, and Mwanza, and international routes from Tanzania to Lusaka in Zambia and Harare in Zimbabwe. fastjet began branded domestic flights in Mozambique (Operated by Solenta Aviation Mozambique) between Maputo and Beira, Nampula and Tete in November 2017 and celebrated its third year of operations in Zimbabwe in 2018. The carrier operates between Harare and Bulawayo, Harare and Victoria Falls and from Harare and Victoria Falls to Johannesburg in South Africa. The airline has flown over 3.5 million passengers with an impressive on-time performance aggregate, establishing itself as a punctual, reliable, and affordable carrier.
This announcement is released by fastjet Plc and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is being made on behalf of fastjet Plc, by Michael Muller, Chief Financial Officer.
fastjet Plc is quoted on the London Stock Exchange's AIM Market.
FJET.L (FJET)