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RNS Number : 5904Z

SpaceandPeople PLC

21 September 2015

 

SpaceandPeople plc ("SpaceandPeople")

 

Signing of contract to pilot Mobile Promotion Kiosks ("MPKs") in France with Immochan

 

SpaceandPeople (AIM: SAL), the retail, promotional and brand experience specialist wins a pilot contract with Immochan in France for the right to operate MPKs in their centres until the end of 2016.

 

The pilot is significant as it provides SpaceandPeople entry into the previously untapped French market utilising its new MPK offer. The pilot will be in three shopping centres in France and both parties believe that with a successful pilot it will lead to an expanded working relationship in France and potentially other European countries.

 

The MPK is a unique product, designed and managed by SpaceandPeople, which allows local promoters and brands to physically engage with consumers in high footfall locations on a bespoke multi-media platform.

 

Matthew Bending, SpaceandPeople CEO said:

 

"We are delighted to be working with one of the largest retail owners in the French market with this exciting new product. The system brings quality control of displays, professional management of mall spaces and potentially strong revenues."

 

 

– Ends –

 

 

For further information, contact:

SpaceandPeople Plc	0845 241 8215
Matthew Bending, Gregor Dunlay
Cantor Fitzgerald Europe	020 7894 7000
David Foreman, Will Goode (Corporate Finance)
David Banks, Tessa Sillars (Corporate Broking)

 

About SpaceandPeople

The SpaceandPeople Group is the leading international media specialist representing 750+ venues with a weekly footfall of 70 million. The Group markets, sells and administers space in high footfall venues, including shopping centres, city centres and travel hubs. As the media owner of promotional spaces, we offer consumer brands the opportunity to promote their products through direct consumer engagement with experiential marketing events.

 

This information is provided by RNS

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RNS Number : 3078Z

Crimson Tide PLC

17 September 2015

 

Crimson Tide plc

("Crimson Tide" or "the Company")

Significant contract win

Crimson Tide announces that it has entered into a landmark contract for its mpro5 solution with one of the country's leading retailers.  The contracted revenue is expected to amount to approximately £1.1m over the 36 month term.  The rollout is anticipated to commence by the end of this year and invoicing will build during the deployment process which is expected to be fully completed during the first half of 2016.

The mpro5 solution has been successfully piloted over a substantial period with this client and has validated a unique use of mpro5 in management of insurance claims and retail store safety. mpro5 has been developed as a 'mobility as a service' platform, which is now used in a range of vertical markets including retail, facilities management, logistics and healthcare. In addition to the mpro5 software, the solution includes a mobile device, powerful website and integration with third party systems. mpro5 is hosted in the cloud on Microsoft Azure, giving world class reliability and security as well as a global footprint.

Barrie Whipp, Executive Chairman, commented "Our team has worked tirelessly over an extended period to achieve this landmark contract, which we expect to significantly impact revenues and profitability from early next year. We believe that the solution has further potential both with this client and with other retailers nationally and internationally. The impact of this transaction will transform the way we address further opportunities and is an endorsement of mpro5's power and versatility"

 

For further information, please contact:

 

Crimson Tide plc

 Barrie Whipp                                                      01892 542444

 

W.H. Ireland Limited

 James Joyce /                                                     020 7220 1666

 James Bavister        

 

 

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Neville Registrars is delighted to welcome Red Squirrel Group Limited as the newest addtion to its list of client companies.

Further information on the Company and its numerous awards can be found on the Company's website: http://www.redsquirrelbrewery.co.uk/

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RNS Number : 8808Y

Croma Security Solutions Group PLC

14 September 2015

 

Croma Security Solutions Group Plc

("CSSG" or the "Group")

 

New Contract Wins

 

CSSG is pleased to announce that its Manned Guarding division, Croma Vigilant Security Services ("Croma Vigilant"), has recently won significant contracts with a Healthcare Institution and a major London based property group, worth £1.5m and £1m per annum respectively. The directors are increasingly confident about the prospect for Croma Vigilant in both the short and medium term.

 

Sebastian Morley, Executive Chairman commented: "These contracts have been awarded to Croma in the face of sharp competition. Although our offering was not the cheapest, we won because of our luminous difference as the ex-military security professionals. This is becoming a welcome theme for our business and we will aggressively spread this message to companies who demand the highest standards for their security services."

 

Enquiries:

Croma Security Solutions Group Plc                    07768 006 909

Sebastian Morley (Chairman)

 

WH Ireland Limited                                             0207 220 1666

(Nominated Adviser and broker)

Paul Shackleton

Mark Leonard

 

This information is provided by RNS

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RNS Number : 2051Y

Tracsis PLC

07 September 2015

 

Tracsis plc

("Tracsis" or the "Group")

 

Strategic Investment in Citi Logik Limited

 

Tracsis plc, a leading provider of software and technology led products and services for the transportation industry, is pleased to announce it has made a strategic investment to acquire 29.4% of Citi Logik Limited ("Citi Logik").

Established in 2011, Citi Logik has developed unique technology and expertise in mobile analytics to improve the understanding of interactions between people, transport and the built environment using large anonymised mobile phone datasets.   The business has a global framework agreement with a major FTSE 100 telecommunications business to source mobile data and works with a range of public and private customers on projects ranging from transport analysis to consumer behaviour and travel patterns.

 

The Directors believe Citi Logik has a highly novel technology platform that will be complementary to the existing Tracsis Traffic & Data Services division.  Mobile analytics offers strong cross sell and upsell opportunities to the Tracsis Group and complements existing survey methods which will expand the market into larger projects of greater size and complexity.

 

Under the terms agreed, Tracsis will invest up to £1.0m via a combination of equity and debt funding in return for 29.4% of the issued share capital in Citi Logik.  Investment of £0.5m will be made immediately with a further £0.5m invested within the next 12 months subject to delivery of agreed business plan milestones.   A Tracsis executive will join the Board of Directors of Citi Logik to help grow the business and promote mobile analytics to the Tracsis customer base.

 

 

John McArthur, Chief Executive Officer of Tracsis plc, commented: 

 

"We are delighted to have completed this investment into Citi Logik and look forward to working with their team to help promote a unique offering to our client base.  The potential of mobile analytics is significant and not only complements our existing traffic and data services division but creates an entirely new market outside of what can be achieved by discrete survey methods."

 

Stephen Leece, Managing Director of Citi Logik Limited, commented: 

 

"We are very pleased to join forces with Tracsis having worked with them for some time now as a valued customer. The combination of Tracsis' existing technology and extensive customer list, combined with Citi Logik's unique mobile analytics offering makes for a great value proposition.  With this investment in place we now look forward to accelerating delivery of our business plan."

 

For more information please contact:

John McArthur/Max Cawthra, Tracsis plc	Tel: 0845 125 9162
Dominic Emery/Matt Lewis, Investec Bank plc	Tel: 020 7597 4000
Rebecca Sanders Hewett, Redleaf PR	Tel: 0207 382 4730 Tracsis@redleafpr.com

 

Notes to editors: 

§ The Group specialises in solving a variety of data capture, reporting and resource optimisation problems along with the provision of a range of associated professional services.

§ Tracsis' products and services are used to increase efficiency, reduce cost and improve the operational performance and decision making capabilities for clients and customers. 

§ The Company offers the following services:

–  Software and technology led consulting: Industry strength resource optimisation software that covers a variety of asset classes working alongside consulting and related professional services across the operational and strategic planning horizon.

–  Remote Condition Monitoring: Technology and reporting for critical infrastructure assets in real time, to identify problems and aid with preventative maintenance.

–  Traffic & Data Services: Collation and analytical services within traffic and pedestrian rich environments.

§ Tracsis has a blue chip client base which includes the majority of UK transport operators such as Arriva, First, Go-Ahead, Keolis, National Express, Stagecoach and Virgin.  The business also works extensively with Network Rail, the Department of Transport, multiple local authorities, and a range of large engineering/infrastructure companies.

§ Tracsis has offices in the UK and Australia which service projects in Europe and Australasia.

§ The business has consistently driven growth organically and through acquisition and has made six acquisitions since 2008.

§ Tracsis listed on AIM in 2007 under ticker TRCS.

§ For more information visit http://www.tracsis.com

 

 

This information is provided by RNS

The company news service from the London Stock Exchange

 

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RNS Number : 7546X

SpaceandPeople PLC

02 September 2015

 

SpaceandPeople plc ("SpaceandPeople")

Signing of Contract for Concourses Exhibitions, Events and Distributions with Network Rail

 

SpaceandPeople (AIM: SAL), the retail, promotional and brand experience specialist, wins exclusive rights to promote brands across all Network Rail stations in the UK for five years.

SpaceandPeople is delighted to announce that it has secured an exclusive agreement with Network Rail.

The specialist agency now has the exclusive rights to promote brands across all Network Rail Stations in the UK. This contract win reinforces SpaceandPeople's position as Europe's biggest company selling experiential media.

The Network Rail portfolio covers a unique blend of business, retail and leisure.  Rail passengers have a longer dwell time than many other venues and are a receptive audience for a wide range of media and promotional activity and retail options. Across the portfolio the annual footfall is over one billion and it is estimated that this will increase.

SpaceandPeople will deliver a strategic approach across Network Rail's portfolio of stations, while delivering targeted and appropriate promoters and retailers to each individual location.  SpaceandPeople will improve the commercialisation activity in the stations by working closely with Network Rail and understanding their strategy and priorities and deliver commercialisation solutions which are synergistic with, and complementary to, the overall environment in each station.

Matthew Bending, SpaceandPeople CEO said:

"This is a significant win for SpaceandPeople and it complements the existing successful shopping centre business that we have built over the years. The Network Rail portfolio offers an extremely large footfall across the UK, which provides us with a unique opportunity to build a bigger network of transport hubs in the UK and Europe."

– Ends –

 

For further information, contact:

SpaceandPeople Plc	0845 241 8215
Matthew Bending, Gregor Dunlay
Cantor Fitzgerald Europe	020 7894 7000
David Foreman, Will Goode (Corporate Finance)
David Banks, Tessa Sillars (Corporate Broking)

 

About SpaceandPeople

The SpaceandPeople Group is the leading international media specialist representing 750+ venues with a weekly footfall of 70 million. The Group markets, sells and administers space in high footfall venues, including shopping centres, city centres and travel hubs. As the media owner of promotional spaces, we offer consumer brands the opportunity to promote their products through direct consumer engagement with experiential marketing events.

 

This information is provided by RNS

The company news service from the London Stock Exchange

 

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RNS Number : 5376X

Frenkel Topping Group PLC

01 September 2015

 

 

1 September 2015

Frenkel Topping Group plc

("Frenkel Topping" or "the Company" or with its subsidiaries the "Group")

 

Acquisition and Board Appointment

 

Frenkel Topping (AIM: FEN), a leading provider of specialist independent financial advice on the investment of personal injury damages and clinical negligence awards, is pleased to announce that it has acquired the entire issued share capital of FC Fund Managers Limited ("FCFM") from FCFM Group Limited ("FCFM Group"), (the "Acquisition"). Following the Acquisition, FCFM will be renamed Frenkel Topping Investment Management Limited and will be a wholly owned subsidiary of Frenkel Topping.

 

The consideration for the Acquisition is £4.425 million, to be satisfied by the issue of 10,000,000 new ordinary shares of 0.5p in the Company ("Ordinary Shares") (the "Consideration Shares") to FCFM Group at an effective price of 44.25 pence per share. FCFM Group has undertaken to the Company that it will not dispose of any of the Consideration Shares for a period of six months from the date of the Acquisition. In addition, with immediate effect, Jason Granite the majority shareholder of FCFM Group, has been appointed to the Board of Frenkel Topping.  Mr. Granite will serve as Chief Investment Officer of the Company and will have additional responsibility focusing on potential investment opportunities.

 

Rationale for the Acquisition

 

The Acquisition and the appointment of Jason Granite as Chief Investment Officer provide Frenkel Topping with all of the regulatory permissions and expertise necessary to build a best in class in-house investment management business, a service which is currently outsourced. As such the Company will be able to offer all clients a full investment advisory and investment management service. This is intended to facilitate growth in the Company's profitability and assets under management, on an accelerated basis.

 

At the time of Acquisition, FCFM has £2.5 million of cash and a wide range of regulatory permissions from the Financial Conduct Authority ("FCA"). These permissions enable FCFM to undertake a wide range of investment management activities, hold client assets, establish and manage funds and provide other investment advisory services. Prior to the Acquisition, all other assets and liabilities of FCFM were transferred to FCFM Group and the historic trade of FCFM will not be continued post acquisition. Approval for the change of control of FCFM has been obtained from the FCA.  The Group's cash balance following the Acquisition is approximately £4.0m.

.

 

Board Appointment

 

Mr. Granite has over 20 years' experience in law, corporate finance and investment management. Most recently Mr. Granite has served as the Chief Executive and Chief Investment Officer at FCFM, managing capital and funds for a wide range of investors, including the UK Government. Prior to this, Mr. Granite served as Head of Research at Sterne Agee UK LLP (formerly known as Yorvik Partners LLP), was a Founding Partner at Agilo, a Director of Deutsche Bank's special situations group and a member of its European Investment Committee and a key member at Mizuho International's special situations group. Earlier in his career, he worked at Close Brothers Corporate Finance and practiced as a restructuring lawyer at Cadwalader, the leading US law firm. 

 

Admission of Consideration Shares to AIM

Application will be made for the Consideration Shares, which will rank pari passu with all existing Ordinary Shares, to be admitted to trading on AIM ("Admission"). Admission is expected to occur on 4 September 2015.

 

On Admission, the Company's share capital and total voting rights will comprise 73,837,067 Ordinary Shares and the Company does not hold any shares in treasury. Consequently 73,837,067 is the figure which may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

 

Richard Fraser, Chief Executive of Frenkel Topping, commented:

 

"For over 25 years Frenkel Topping has been a leading provider of specialist independent financial advice on the investment of personal injury damages and clinical negligence awards. We have built a solid business and now have in excess of £640m of assets under management. We have an excellent reputation and are trusted by our clients.

 

"Earlier this year we announced that we would be hiring additional consultants to fast track our organic growth. We have also created a regional focus with offices in Manchester, Bristol, Leeds, Birmingham, London and Cardiff. The acquisition of FCFM will provide a further acceleration of this growth. We have a pipeline of potential opportunities and we are focused on growing our assets under management to in excess of £1bn.

 

"As we grow, we also want to offer our clients a full investment advisory and investment management service; the acquisition of FCFM, and appointment of Jason Granite provides us with all of the regulatory permissions and expertise necessary to build a best in class in house investment management business, a service we currently outsource. We believe that over the coming years this will be a strong contributor to our revenue and bottom line.  We are delighted to welcome Jason Granite to the Board; he has many years of investment management expertise and will be a valuable addition to the executive team as we seek to grow our assets under management through acquisitions and broaden our offer to clients."

 

For further information:

Frenkel Topping Group plc	www.frenkeltopping.co.uk
Julie Dean, Chief Financial Officer	Tel: +44 161 886 8000
Richard Fraser, Chief Executive Officer
Shore Capital	Tel: +44 207 408 4090
Pascal Keane / Patrick Castle
Walbrook PR Ltd	Tel: +44 207 933 8780
Paul McManus	Mob: +44 7980 541 893
Nick Rome	Mob: +44 7748 325 236
	frenkeltopping@walbrookpr.com

 

Regulatory disclosures

Jason Granite (aged 40) is or has been a director or partner of the following companies or partnerships during the previous 5 years:

 

Current	Past during previous 5 years
FC Fund Managers Limited	Arvoco Limited
FCFM Group Investments I Limited	Arvoco Investments LLP
FCFM Group Investments II Limited	Atlas Genetics Limited
FCFM Group Investments III Limited	Barclay House Cottage Company Limited
FCFM Group Trading I Limited	Barclay House Hotel Limited
FCFM Group Trading II Limited	Daniell Arms Limited
FCFM Group Limited	Devon Duvets Limited
	FCFM Investments Ltd
	FCFM Limited
	Finance South West GP Limited
	Jolliman Clothing Limited
	Konik UK Limited
	Midwest Camping Limited
	Sterne Agee UK LLP
	W. Yeomans (Chesterfield Limited)
	Yeomans Investments Limited

 

The terms of Mr. Granite's service contract include a salary of £100,000 per annum and he may be awarded additional bonus payments at the discretion of the Company. He will be indirectly beneficially interested in the Consideration Shares by virtue of his 52.14% shareholding in FCFM Group Limited. Pursuant to his service contract, Mr. Granite will devote such time to the Company that is necessary to fulfil his role as agreed from time to time by the Board of Frenkel Topping. He will be subject to usual restrictions, commensurate with his position, governing the extent to which he can directly compete with the Company for the duration and following the termination of his service agreement and his appointment is terminable on six months' notice by either party. 

 

Save as set out in this announcement there are no further matters to be disclosed under Rule 17 or paragraph (g) of Schedule 2 of the AIM Rules for Companies.

 

About Frenkel Topping: www.frenkeltopping.co.uk

 

Frenkel Topping provides specialist independent financial advice focussed on asset protection for vulnerable clients. The specialist independent financial adviser has a market leading position providing advice and fund management services for personal injury trusts and clinical negligence awards and is well placed to provide services to a wider customer base.

 

The Company provides a range of wealth management services including bespoke investment portfolios, financial and tax planning. It is focused on increasing its assets under management by growing the number of fee earners who are qualified to provide benefits protection for a variety of needs as the Company adds to its personal injury and clinical negligence specialism.

 

It has a national presence with offices on Manchester, Birmingham, Bristol, Cardiff, London and Leeds and has relationships and infrastructure in place to further grow its reach and target markets.

 

This information is provided by RNS

The company news service from the London Stock Exchange

 

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RNS Number : 4297X

Netcall PLC

01 September 2015

 

1 September 2015

RNS Reach

Netcall plc

("Netcall" or the "Company")

Position awarded on new Government procurement agreement

Widening Netcall's reach across UK public sector and reducing procurement cycles

 

 

Netcall plc (AIM: NET), a leading customer engagement software provider, is pleased to announce that it has secured a position on the newly formed Crown Commercial Service Network Services agreement (RM1045) for Inbound Telephony Services (Lot 4) following a successful bid process.

 

The new agreement is a mechanism for public sector organisations, including Central Government departments, Non Departmental Public Bodies, NHS bodies, local authorities, Police and charities, to access and purchase connectivity and telecommunication services through an approved catalogue of accredited commercial suppliers.

The agreement will significantly reduce the complexity and timescales for public sector organisations procuring products and services as each supplier on the agreement will have passed a series of rigorous pre-testing conditions and regulations.

The Network Service agreement (RM1045) will replace the current PSN Connectivity Framework (RM860) and the PSN Services Framework (RM1498) and is anticipated to save more than £50m.

Henrik Bang, CEO of Netcall commented: "We are delighted to have been successful in our bid to join the CCS agreement for Inbound Telephony Services, which creates a more flexible and streamlined procurement process for public sector buyers. A position on the agreement opens up to Netcall a wider portion of the public sector market and provides us with access to new contract opportunities as part of an elite group of suppliers.

 

"Our customer engagement solutions empower many public sector organisations to achieve their priority goals; improving customer service, reducing costs to serve and increasing staff productivity. We look forward to expanding the delivery of our expertise and capabilities in this market."

 

 

 

For further enquiries, please contact:

 

Netcall plc	Tel. +44 (0) 330 333 6100
Henrik Bang, CEO Michael Jackson, Chairman James Ormondroyd, Group Finance Director
finnCap Limited (Nominated Adviser and Broker)	Tel. +44 (0) 20 7220 0500
Stuart Andrews / James Thompson, Corporate Finance
Simon Johnson, Corporate Broking
Alma PR	Tel. +44 (0) 7780 901979
Josh Royston / Hilary Buchanan	+44 (0) 7515 805218

 

 

 

About Netcall plc

 

Netcall is a UK company quoted on the AIM market of the London Stock Exchange. Netcall's software product suite provides compelling business process solutions for end-to-end customer engagement, incorporating multi-channel contact centre, workforce optimisation, business process management and enterprise content management. The Netcall software platform helps organisations meet the growing demands of their customers and prospects whilst improving internal efficiencies, thereby increasing profitability and customer satisfaction.

 

Netcall's customer base contains over 700 organisations in both the private and public sectors. These include two thirds of NHS Acute Health Trusts, major telecoms operators such as BT and leading organisations including Interflora, Lloyds Banking Group, Cineworld, Interserve, Prudential, British Sugar and Thames Water.

 

For further information, please consult the Netcall website: www.netcall.com 

 

This information is provided by RNS

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RNS Number : 4572X

Obtala Resources Limited

01 September 2015

 

1st September 2015

Obtala Resources Limited

("Obtala" or the "Company")

(AIM: OBT)

Membership of the Social Stock Exchange

Obtala Resources Limited (AIM:OBT), the vertically integrated agricultural processing, farming, timber and retail company, is pleased to announce that the Company has been admitted as a member of the Social Stock Exchange ('SSX'), following the approval of its impact report by the SSX's independent Admissions Panel.

Social Impact Investing has evolved and grown significantly in recent years as many Investing Institutions and Funds have increased their investment levels in the sector due to a combination of the positive nature of the investment as well as proven superior economic returns when compared with other traditional investments

About the Social Stock Exchange

The Social Stock Exchange was launched in June 2013 by the UK Prime Minster at the first G8 Social Impact Investment Forum in London.

In January 2015, the SSX and ICAP Securities & Derivatives Exchange Limited announced their collaboration to launch a new market segment for Social Impact businesses, providing a central venue for impact opportunities in the UK and beyond.  Member companies articulate and evidence their social and environmental credentials through the production of an independently assessed Impact Report, which is then ratified by an Admissions Panel comprised of finance and social sector experts.

Commenting on today's announcement, Kevin Milne, Executive Deputy Chairman of Obtala, said: "This is a significant event in the evolution of our Company, for our Shareholders and Customers. The Company has always striven to operate its businesses in Africa to the highest standards and with strong regards to working with and developing the communities and environment in which it operates. It is testament to all of our employees who continue to strive to maintain these standards and having the Social Stock Exchange and its Independent Admissions Panel validate this is extremely rewarding. Research shows that Companies who can evidence and focus on socially impactful practices do create longer term and more sustainable shareholder value creation than those who do not. We look forward to engaging with the many institutional investors who work with the Social Stock Exchange and have a mandate to invest in socially impactful companies such as Obtala. Typically these investors have a long term investment view in line with the businesses we are developing."

 

Obtala Resources Kevin Milne – Executive Deputy Chairman Simon Rollason – Managing Director www.obtalaresources.com	+44 (0) 20 7099 1940
ZAI Corporate Finance Limited (Nomad)   Ray Zimmerman Richard Morrison	+44 (0)20 7060 2220
Brandon Hill Capital  (Broker)   Jonathan Evans	+44 (0)20 3463 5000
Square 1 Consulting (Public Relations)   David Bick Mark Longson	+44 (0)20 7929 5599

 

This information is provided by RNS

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RNS Number : 2296X

Fastjet PLC

27 August 2015

 

 

fastjet Plc

("fastjet" or the "Company")

27 August 2015

fastjet Fleet Expansion – Lease Signed for 5th Aircraft

 

 

fastjet (AIM:FJET), Africa's low-cost airline, has signed an operating lease with SMBC Aviation Capital Limited (SMBC) for an Airbus A319 aircraft. This aircraft was originally announced on 10 July 2015 when the LOI was signed and will become the fifth aircraft in the fastjet fleet.

 

The aircraft will commence commercial services in Tanzania on 1 September, serving to expand the network in the region. This will include increasing the Dar es Salaam to Johannesburg route to a daily service.

 

Ed Winter, Chief Executive Officer of fastjet, commented: "Having reached our target figure for utilisation of our existing Tanzanian fleet, we are delighted to introduce an additional aircraft into Tanzania to satisfy the growing demand for our low-cost flights."

 

On 26 August 2015, fastjet announced  it had signed a Letter of Intent (LOI) for the purchase of an Airbus A319 aircraft, planned for operation in Zambia. This aircraft will be the sixth aircraft in the fastjet fleet.

 

For more information, contact:

 

UK media – Citigate Dewe Rogerson	Tel: +44 (0) 20 7638 9571
Angharad Couch
Toby Moore
Nick Hayns
South African media – Tribeca Public Relations	Tel:  +27 (0) 11 208 5500
Cian Mac Eochaidh
Kelly Webster
For investor enquiries please contact:
W.H. Ireland Ltd.- Nominated Adviser and Joint Broker	Tel: +44 (0) 20 7220 1666
James Joyce
Mark Leonard
Liberum Capital Limited – Joint Broker	Tel:  +44 (0) 20 3100 2222
Clayton Bush
Christopher Britton

 

 

NOTES TO EDITORS

 

About fastjet Plc

 

fastjet Plc is the holding company of the low cost airline fastjet which commenced flights under the fastjet brand in Tanzania in November 2012. The airline introduced Airbus A319s into its fleet.  By adhering to international standards of safety, quality, security and reliability; fastjet has brought a new flying experience to the African market at unprecedented low prices. fastjet is implementing the low-cost model across Africa and its long-term strategy is to become the continent's first low-cost, pan-African airline. fastjet Plc is also the holding company of Fly540 Angola where operations are currently suspended.

 

The results of a customer satisfaction survey showed that 100% of customers were likely to recommend fastjet to a friend. In developing its strong brand and identity, fastjet has won and been nominated for a number of awards, including winning three Transform awards for the rebrand and launch of fastjet, the award for "Brand Strategy of the Year" at 2014's Drum Marketing Awards in London, and the Transport Innovator Award at the 8th Transport Africa Awards 2015 in Johannesburg.

 

fastjet Plc is quoted on the London Stock Exchange's AIM market.

 

For more information see www.fastjet.com

 

This information is provided by RNS

The company news service from the London Stock Exchange

 

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