fastjet Plc: Exercise of Warrants
fastjet (AIM: FJET) announces that application has been made for the admission to trading on AIM ("Admission") for 3 new ordinary shares of 1p each in the Company ("Ordinary Shares") pursuant to the exercise of shareholder warrants. All the warrants exercised had an exercise price of 31.5 pence per warrant. The new Ordinary Shares will rank pari passu in all respects with the existing Ordinary Shares of the Company. Admission of the new Ordinary Shares is expected on 24 October 2019.
Following Admission, the Company's issued share capital will comprise 3,800,824,884 Ordinary Shares and 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. The Company does not hold any shares in treasury.