Doric Nimrod Air Two Limited ASSET SALE UPDATE

RNS Number : 7215L

Doric Nimrod Air Two Limited

11 November 2024

 

11 November 2024

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

[phone]

 

For shareholder information:

 

Nimrod Capital LLP

[phone]

 

 

 

END OF ANNOUNCEMENT

 

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