Fastjet PLC fastjet Brand (0897P)

TIDMFJET

RNS Number : 0897P

Fastjet PLC

29 August 2017

fastjet Plc

("fastjet" or the "Company")

(AIM: FJET)

fastjet Brand

29 August 2017

Further to its announcement on 30 June 2017, regarding the acquisition of all intellectual property rights associated with the fastjet brand, the Company announces today that the payment to easyGroup Holdings Ltd in connection with the acquisition has been made.

For more information, contact:

 
 fastjet Plc                        Tel: +44 (0) 20 3651 
                                     6307 
 Nico Bezuidenhout, Chief 
  Executive Officer 
  Michael Muller, Chief Financial 
  Officer 
 
 UK media - Citigate Dewe           Tel: +44 (0) 20 7638 
  Rogerson                           9571 
 Eleni Menikou 
 Toby Moore 
  Nick Hayns 
 
 South African media - Hein         Tel: +27 (0) 82 520 
  Kaiser                             0555 
 
 
 For investor enquiries please 
  contact: 
 
 Liberum Capital Limited            Tel: +44 (0) 20 3100 
  - Nominated Adviser and            2222 
  Broker 
 Clayton Bush 
 Jill Li

NOTES TO EDITORS

About fastjet Plc:

fastjet is a multi-award winning (including Skytrax World Airline Awards Best Low-Cost Airline in Africa 2017) low-cost African airline for everyone that began flight operations in Tanzania in November 2012, flying passengers from Dar es Salaam to just two domestic destinations - Kilimanjaro and Mwanza. Today, fastjet's route network includes Tanzanian domestic routes from its Dar es Salaam base to Kilimanjaro, Mbeya, and Mwanza, and international routes from Tanzania to Lusaka in Zambia and Harare in Zimbabwe. fastjet also began flight operations from its Zimbabwe base in October 2015, and now flies domestically from Harare to Victoria Falls, Harare to Dar es Salaam and internationally from both Harare and Victoria Falls to Johannesburg in South Africa. The airline has flown over 2.5 million passengers with an impressive aggregate 94% on-time performance, establishing itself as a punctual, reliable, and affordable low-cost carrier.

fastjet Plc is quoted on the London Stock Exchange's Alternative Investment Market ("AIM").

For more information see www.fastjet.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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August 29, 2017 02:01 ET (06:01 GMT)

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