DP Aircraft I Limited Potential Acquisition (4876A)
December 22 2014 - 10:00AM
UK Regulatory
TIDMDPA
RNS Number : 4876A
DP Aircraft I Limited
22 December 2014
DP Aircraft I Limited
22 December 2014
DP Aircraft I Limited (the "Company")
Potential Acquisition
The Board of Directors of DP Aircraft I Limited is pleased to
announce that the Company is considering the acquisition of two
further Boeing 787-8s, to be leased to a third party national
airline on a twelve year lease. If the acquisition proceeds, it
will be funded through a combination of equity and debt; and
although funding terms are yet to be finalised, on the basis of
current market conditions (including,inter alia, the cost of debt)
it is expected that equity would be issued by the Company at or
close to the current market price.
Approval from shareholders is required before the Company can
proceed with any new portfolio acquisition. Accordingly, the
Company and its advisers will liaise with shareholders in the New
Year in order to confirm that there is the requisite support from
investors for the proposal.
A further announcement will be made in due course.
For further information please contact:
Dexion Capital (Guernsey) Limited 01481 743940
As Company Secretary to DP Aircraft I Limited
Carol Kilby
Canaccord Genuity Limited 020 7523 8000
Dominic Waters
Neil Brierley
Will Barnett
David Yovichic
This information is provided by RNS
The company news service from the London Stock Exchange
END
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