Movement in Share Price

RNS Number : 4375U

Fastjet PLC

29 July 2015

 



fastjet Plc

("fastjet" or the "Company")

29 July 2015

Movement in Share Price

fastjet (AIM:FJET), Africa's low-cost airline, notes the recent fall in its share price.  The Company knows of no material trading reason for the movement.

The Company confirms it is trading in line with market expectations and expects to issue its results for the 6 months to 30 June 2015 on 30 September 2015.

Ends

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

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

 

END

 

 

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