easyJet PLC
18 January 2008
easyJet secures regulatory approval for its acquisition of GB Airways Limited
Further to its announcement of 25 October 2007, easyJet plc ('easyJet') is
pleased to announce that it has today received clearance from the Office of Fair
Trading for the acquisition by its wholly-owned subsidiary easyJet Airline
Company Limited of the entire issued share capital of GB Airways Limited from
Bland Group Limited. The acquisition has already been cleared by other relevant
competition authorities in Germany, Portugal, Cyprus and Spain.
Accordingly, the conditions to completion in the sale and purchase agreement
dated 25 October 2007 have now been satisfied and completion of the acquisition
is due to occur by no later than 31st January 2008.
Save as disclosed above, there has been no significant change affecting any
matter contained in the announcement dated 25 October 2007 and no other
significant new matter has arisen which would have been required to be mentioned
in that earlier announcement if it had arisen at the time of the preparation of
that announcement.
A further announcement will be made when completion of the acquisition has
occurred.
For further details please contact:
Rachel Kentleton, Investor Relations +44 (0) 7961 754 468
Toby Nicol, Corporate Communications +44 (0) 1582 525 339
This information is provided by RNS
The company news service from the London Stock Exchange
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