Director/PDMR Shareholding

RNS Number : 4344F

Fastjet PLC

27 July 2016

 

fastjet Plc

("fastjet" or the "Company")

27 July 2016

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Richard Bodin
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification/ Amendment	27 July 2016
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Fastjet Plc
b)	LEI	N/A
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 GB00BWGCH354
b)	Nature of the transaction	Sell
c)	Price(s) and volume(s)	Price(s) Volume(s) 26.5pence 51250
d)	Aggregated information -        Aggregated volume -      Price	51250 26.5pence
e)	Date of the transaction	27 July 2016
f)	Place of the transaction	London, UK

For more information, contact:

fastjet Plc	Tel: [phone]
Lisa Mitchell, CFO
UK media - Citigate Dewe Rogerson	Tel: [phone]
Toby Moore
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

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 its fleet of Airbus A319s, fastjet is implementing the low-cost model across Africa with a long-term strategy to become the continent's first low-cost, pan-Africa airline.

The results of the first 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 23^rd 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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