Directorate Change

RNS Number : 2455M

Fastjet PLC

19 January 2016

 

fastjet Plc

("fastjet" or the "Company")

19 January 2016

Directorate Change

fastjet is pleased to announce the appointment of Lisa Mitchell as Chief Financial Officer and Executive Director of the Company with immediate effect.

Currently working with the Company on a consultancy basis, Lisa was previously the Chief Financial Officer of Ophir Energy plc, a FTSE-250 listed upstream and production oil and gas company, with assets in East and West Africa as well as Asia. Lisa has more than 20 years experience as a senior finance officer in the resources and pharmaceutical sectors and has worked in both AIM quoted and Main Market listed companies.

Lisa will be replacing Nick Caine as he steps down from the Board, as previously announced on 5 October 2015.

Ed Winter, fastjet Chief Executive Officer, said: "We are delighted that Lisa has accepted this role. Her experience of working in various African jurisdictions will be invaluable and we look forward to welcoming Lisa to the Board.

"We will be sorry to see Nick leave and thank him for his dedication and great contribution to fastjet and wish him every success in his future career."

Lisa, a Certified Practising Accountant with the Australian Society of Certified Practising Accountants, has a Bachelor of Economics (major in Accounting) from La Trobe University, Melbourne, Australia and has a Graduate Diploma in Applied Corporate Governance from the Chartered Secretaries Australia.

The names of all companies and partnerships of which Lisa Gaye Mitchell, age 48, has been a director or partner at any time in the previous five years are set out below:

Company	Status
Ophir Energy plc Ophir Ventures (Jersey) Limited Ophir Ventures (Jersey) No. 2 Limited Dominion Kenya Holdings Limited Dominion Oil & Gas Limited Dominion Petroleum Acquisitions Limited Dominion Petroleum Administrative Services Limited	Previous Previous Previous Previous Previous Previous Previous Previous

Lisa does not have any shareholding in fastjet. There are no other matters which are required to be announced pursuant to paragraph (g) of Schedule 2 to the AIM Rules.

For more information, contact:

fastjet Plc	Tel: [phone]
Ed Winter, CEO
Rose Herbert, Investor Relations Manager
UK media - Citigate Dewe Rogerson	Tel: [phone]
Angharad Couch
Eleni Menikou
Nick Hayns
South African media - Tribeca Public Relations	Tel: [phone]
Cian Mac Eochaidh
Kelly Webster
For investor enquiries please contact:

Liberum Capital Limited - Nominated Adviser and Joint Broker	Tel: [phone]
Clayton Bush
Christopher Britton
W.H. Ireland Ltd.- Joint Broker	Tel: [phone]
James Joyce
Mark Leonard
Sanlam Securities UK Limited - Joint Broker	Tel: [phone]
Simon Clements

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. fastjet Zimbabwe was successfully launched in October 2015. 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 its fleet of Airbus A319s, 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.

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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