• by  • November 11, 2024 • Doric II

    DORIC NIMROD AIR TWO LIMITED
    (Legal Entity Identifier: 213800ENH57LLS7MEM48)

    ASSET SALE UPDATE

    On 21 August 2024 the Company announced its agreement to sell its remaining five Airbus A380-861 aircraft to Emirates (the “August Announcement”).

    Further to the August Announcement, and the subsequent Asset Sale Updates provided on 2 October 2024 and 15 October 2024, the Board is happy to announce that, following the Lease End Date for MSN 109, sale proceeds of £30.71m have been received with title successfully passing to Emirates.

    For the Company’s one remaining Airbus A380-861 aircraft (MSN 110), the operating lease will continue as contracted until the Lease End Date.

    For further information, please contact:
    For administrative and company information:

    JTC Fund Solutions (Guernsey) Limited
    +44 (0) 1481 702400

    For shareholder information:

    Nimrod Capital LLP
    +44 (0) 20 7382 4565

    END OF ANNOUNCEMENT
    E&OE – in transmission