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ASSET SALE UPDATE

28th Aug 2025 12:14

RNS Number : 0335X
Doric Nimrod Air Three Limited
28 August 2025
 

28 August 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, the Board is pleased to announce that sale proceeds of £32.70 million have been received with transfer of title for MSN 133 successfully passing to Emirates.

 

For the Company's three remaining Airbus A380-861 aircraft (MSNs 132, 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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