Director/PDMR Shareholding

RNS Number : 8141E

Fastjet PLC

06 November 2015

 

fastjet Plc

("fastjet" or the "Company")

6 November 2015

Director's Dealings

fastjet was notified on 5 November 2015 that, on the same date, 7,646,281 Ordinary Shares of £1 each in the Company ("Ordinary Shares") were sold by HEXAM Capital Partners LLP ("HEXAM Capital") at a price of 60p per Ordinary Share.

As Bryan Collings, non-executive director of fastjet, is the 100% shareholder in Coppin Collings Limited which in turn owns 68% of HEXAM Capital, this constitutes dealing by a director of the Company. Further to these transactions, HEXAM Capital no longer has a holding in Ordinary Shares in fastjet.

For more information, contact:

fastjet Plc	Tel: [phone]
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/Ken Williams

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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