Director/PDMR shareholding notification

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) £0.163 124,522
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: [phone]
Nico Bezuidenhout, Interim Chairman and Chief Executive Officer
Lisa Mitchell, Chief Financial Officer
UK media - Citigate Dewe Rogerson	Tel: [phone]
Toby Moore
Eleni Menikou
Nick Hayns
For investor enquiries please contact:

Liberum Capital Limited - Nominated Adviser and Broker	Tel: [phone]
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 

 

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