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DP Aircraft I Limited secured a twelve-month loan facility of US$1.5 million from Ironsides Holdings LLC, announced on 15 April 2026. Robert Knapp, a non-executive Director, provides Board representation for Ironsides and associated companies which collectively hold 73,186,272 shares (approximately 28.6% of issued share capital) in the Company. The independent directors of DP Aircraft I Limited agreed to and approved the loan, which will be used for operational enhancements to Boeing 787-8 aircraft.
| Date | 15 Apr 2026 |
| Time | 11:32:34 |
| Category | Miscellaneous |
| ID | 6091A |
15 April 2026
DP Aircraft I Limited (the 'Company')
Loan Facility
The Board of DP Aircraft I Limited ("DPA" or the "Company") announces that the Company has secured a twelve-month loan facility of US$1.5 million from Ironsides Holdings LLC ("Ironsides"). Robert Knapp, a non-executive Director of DPA, provides Board representation for Ironsides and associated companies which together hold 73,186,272 shares (approximately 28.6 per cent. of issued share capital) in the Company in aggregate; and accordingly, the loan was agreed and approved on behalf of the Company by the independent directors. The loan, the commercial terms of which have been negotiated on an arm's-length basis, will be used to facilitate operational enhancements to the Boeing 787-8's which are being transferred from Thai Airways International to LOT Polish Airlines."
For further information, please contact:
Aztec Financial Services (Guernsey) Limited +44(0) 1481 748831
Chris Copperwaite