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Doric Nimrod Air Two Limited announced on 11 November 2024 that it received £30.71m in sale proceeds, with title for Airbus A380-861 aircraft MSN 109 passing to Emirates following its Lease End Date. This update relates to its 21 August 2024 agreement to sell its remaining five Airbus A380-861 aircraft to Emirates. The operating lease for the company's one remaining Airbus A380-861 aircraft, MSN 110, will continue as contracted.
| Date | 11 Nov 2024 |
| Time | 12:43:35 |
| Category | Disposals |
| ID | 7215L |
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
+44 (0) 1481 702400
For shareholder information:
Nimrod Capital LLP
+44 (0) 20 7382 4565
END OF ANNOUNCEMENT
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