Director's Dealings

RNS Number : 3078T

Fastjet PLC

16 July 2015

 

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: [phone]
Angharad Couch
Toby Moore
Nick Hayns
South African media - Tribeca Public Relations	Tel:  [phone]
Cian Mac Eochaidh
Kelly Webster
For investor enquiries please contact:
W.H. Ireland Ltd.- Nominated Adviser and Joint Broker	Tel: [phone]
James Joyce
Mark Leonard
Liberum Capital Limited - Joint Broker	Tel:  [phone]
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

 

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