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ASSET SALE UPDATE

1st Sep 2025 16:03

RNS Number : 5173X
Doric Nimrod Air Three Limited
01 September 2025
 

1 September 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 Update provided on 28 August 2025, the Board is pleased to announce that, following the Lease End Date for MSN 132, sale proceeds of £33.07 million have been received with title successfully passing to Emirates.

For the Company's two remaining Airbus A380-861 aircraft (MSNs 134 and 136), operating leases will continue as contracted until the respective Lease End Dates.

 

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