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Doric Nimrod Air Three Limited announced on 11 December 2025 that the sales of its Airbus A380-861 aircraft, MSNs 132, 133, 134, and 136, have been completed. The Directors confirm their intention to distribute sale proceeds to Shareholders via a redemption of Ordinary Preference Shares, expected by the end of January 2026 at approximately 64 pence per share.
| Date | 11 Dec 2025 |
| Time | 15:40:52 |
| Category | Miscellaneous |
| ID | 2533L |
11 December 2025
DORIC NIMROD AIR THREE LIMITED (the "Company")
(Legal Entity Identifier: 213800BMYMCBKT5W8M49)
UPDATE - ANTICIPATED REDEMPTION OF SHARES
Further to the Company's announcement on 11 July 2025 (and subsequent sale update announcements on 27 and 29 August, 29 October and 14 November 2025), sales of the Airbus A380-861 aircraft of the Company, manufacturer's serial numbers (MSNs) 132, 133, 134 and 136, have been completed as reported.
The Directors confirm the intention to distribute the sale proceeds to Shareholders together with any remaining cash holdings, net of any liquidation and other costs as anticipated assuming no further unexpected costs or events, subject to the relevant solvency tests, laws and regulations.
The distribution is currently expected to be made by the end of January 2026 by way of a redemption of the Ordinary Preference Shares in the Company, to be effected at approximately 64 pence per share. This figure and the expected timing are based on current estimates and are subject to there being no additional unanticipated costs or revenues, and the Company satisfying all relevant solvency tests, laws and regulations. Further details will be announced in due course.
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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