24 Jan 2017 11:08
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)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
124,522
£0.163 | ||||
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
FJET.L (FJET)