Fastjet PLC Directorate Change (2511B)
September 19 2018 - 4:29AM
UK Regulatory
TIDMFJET
RNS Number : 2511B
Fastjet PLC
19 September 2018
fastjet Plc
("fastjet" or the "Company")
(AIM: FJET)
Directorate Change
19 September 2018
fastjet, the African value airline for everyone, announces today
that Peter Hyde, a Non-Executive Director (NED) since April 2017,
has resigned as a Director of the Company. With the recent
appointment of Mark Hurst and due to his other time commitments,
Peter has decided that now is an appropriate time to step down from
the Board.
Rashid Wally, Non-Executive Director and fastjet Chairman,
commented: "Peter has chaired the Audit Committee through a
challenging period and demonstrated a total commitment to the
development of the Company. We thank him for his contribution as a
fastjet NED."
Peter Hyde said: "Although the trading and operational
environment has been challenging, I have much enjoyed my time on
the fastjet Board."
For more information, contact:
fastjet Plc Tel: +27 (0) 10 070 5151
Nico Bezuidenhout, Chief Executive
Officer
Michael Muller, Chief Financial Officer
UK media - Citigate Dewe Rogerson Tel: +44 (0) 20 7638 9571
Angharad Couch
Eleni Menikou
Toby Moore
Nick Hayns
GM Marketing Communication - Hein Tel: +27 (0) 10 007 5151
Kaiser
For investor enquiries please contact:
Liberum Capital Limited - Nominated Tel: +44 (0) 20 3100 2222
Adviser and Broker
Clayton Bush
Andrew Godber
Trystan Cullen
NOTES TO EDITORS
About fastjet:
fastjet is a multi-award winning (including Skytrax World
Airline Awards Best Low-Cost Airline in Africa 2017 and Leading
African Low-Cost Carrier, World Travel Awards 2016 and 2017)
African value 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 began branded domestic flights in
Mozambique (Operated by Solenta Aviation Mozambique) between Maputo
and Beira, Nampula and Tete in November 2017 and celebrated its
third year of operations in Zimbabwe in 2018. The carrier operates
between Harare and Bulawayo, Harare and Victoria Falls and from
Harare and Victoria Falls to Johannesburg in South Africa. The
airline has flown over 3.5 million passengers with an impressive
on-time performance aggregate, establishing itself as a punctual,
reliable, and affordable carrier.
This announcement is released by fastjet Plc and contains inside
information for the purposes of Article 7 of the Market Abuse
Regulation (EU) 596/2014 ("MAR"), and is disclosed in accordance
with the Company's obligations under Article 17 of MAR.
For the purposes of MAR and Article 2 of Commission Implementing
Regulation (EU) 2016/1055, this announcement is being made on
behalf of fastjet Plc, by Michael Muller, Chief Financial
Officer.
fastjet Plc is quoted on the London Stock Exchange's AIM
Market.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
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END
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