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ASSET SALE UPDATE

30th Oct 2025 15:39

RNS Number : 5615F
Doric Nimrod Air Three Limited
30 October 2025
 

30 October 2025

DORIC NIMROD AIR THREE LIMITED

(Legal Entity Identifier: 213800BMYMCBKT5W8M49)

 

ASSET SALE UPDATE

On 11 July 2025 the Company announced its agreement to sell all its Airbus A380-861 aircraft to Emirates (the "July Announcement").

 

Further to the July Announcement, and the subsequent Asset Sale Updates provided on 28 August and 1 September 2025, the Board is pleased to announce that, following the Lease End Date for MSN 136, sale proceeds of £33.07 million have been received with title transfer to Emirates being processed.

For the Company's remaining Airbus A380-861 aircraft (MSN 134), the operating lease will continue as contracted until the Lease End Date.

The Board intends to provide further updates in due course regarding the distribution of total sale proceeds, as anticipated in the August announcement.

 

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

 

E&OE - in transmission

 

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