30 May 2013
("fastjet" or the "Company")
Exercise of Warrants
Further to the Company's announcement on 24 April 2013, fastjet announces that the Company has today applied for a further 80,000,000 new ordinary shares of 1 pence each in the capital of the Company (the "Exercise Shares") to be admitted to trading on AIM as a result of an exercise of 80,000,000 warrants, which were issued on 29 April 2013, at an exercise price of 1.25p per share. The Exercise Shares will rank pari passu in all respects with existing ordinary shares in fastjet. Application has been made for the Exercise Shares to be admitted to trading on AIM which is expected to take place on 4 June 2013.
Following issue of the Exercise Shares the Company's enlarged issued share capital is 2,440,563,414 ordinary shares with voting rights. This figure of 2,440,563,414 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
For media enquiries please contact:
UK media - Citigate Dewe Rogerson Tel: +44 (0) 20 7638 9571
Africa Media - Africa Practice Tel: +254 (0) 20 239 6899
For investor enquiries please contact:
fastjet plc Tel : +44(0)20 3651 6355
Alexandra Dent, Company Secretary
WH Ireland Limited Tel: +44 (0) 20 7220 1666
NOTES TO EDITORS
About fastjet plc
fastjet plc is quoted on the London Stock Exchange's AIM market. For more information see www.fastjet.com
Posted on 30th May 2013