Director’s Dealings - 16 July 2015

Fastjet Plc

(“Fastjet” or the “Company”)

16 July 2015

Director’s Dealings

 

Fastjet was notified on 15 July 2015 of the following trades in its shares by funds of HEXAM Capital Partners LLP (“HEXAM Capital”):

HEXAM Fund

Buy/Sell

Date

No. Of Shares Traded

Price Per Share

Ohio School Employees RS

S

13/05/2015

100.000

118p    

Sunsuper Superannuation Fund

B

13/05/2015

100.000

118p

FP HEXAM Global Emerging Markets Fund

B

30/06/2015 

 79.915

101p

Ohio School Employees RS

B

30/06/2015

16.851

101p

Sunsuper Superannuation Fund

B

30/06/2015

59.686

101p

HEXAM Capital Onshore Fund

S

02/07/2015

82.677

96.26p

HEXAM Capital Onshore Fund

S

02/07/2015

115.000

93p

 

Bryan Collings, Non-executive director of Fastjet, is the 100% shareholder in Coppin Collings Limited which in turn owns 52% of HEXAM Capital. The Shares in Fastjet were traded on a discretionary basis by the funds concerned. Further to these transactions, HEXAM Capital holds 11,046,279 Ordinary Shares in Fastjet, representing approximately 16,63% of the issued share capital of the Company.

 

For more information, contact:

UK media - Citigate Dewe Rogerson                                           Tel: +44 (0) 20 7638 9571
Angharad Couch 
Toby Moore 
Nick Hayns 
 
South African media - Tribeca Public Relations                           Tel:  +27 (0) 11 208 5500
Cian Mac Eochaidh 
Kelly Webster 
 
For investor enquiries please contact: 
 
W.H. Ireland Ltd.– Nominated Adviser and Joint Broker              Tel: +44 (0) 20 7220 1666
James Joyce 
Mark Leonard 
 
Liberum Capital Limited – Joint Broker                                        Tel:  +44 (0) 20 3100 2222
Clayton Bush 
Christopher Britton 


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. 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

Posted on 16th July 2015