25th Mar 2014 10:39
LONDON (Alliance News) - African low-cost airline Fastjet PLC Tuesday said it had raised GBP300,000 by drawing down on its equity financing facility with Darwin Strategic Ltd,
In a statement, the carrier said it had issued Darwin with 17.3 million shares at 1.734 pence a share.
The airline didn't say what the money was for.
Fastjet shares were up 4.5% at 1.62 pence Tuesday morning.
By Steve McGrath; [email protected]; @stevemcgrath1
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