Fastjet draws on its equity facility

Fastjet has raised £1,000,000 via a draw down on its Equity Financing Facility (EFF) with Darwin Strategic Limited. Under the terms of the EFF agreement the Company raised gross proceeds of £1,000,000 by way of the issue of 37,735,850 ordinary shares of 1 pence (Shares) each to Darwin at a price of 2.65 pence per Share (the EFF Shares). The new EFF Shares have been issued and rank pari passu in all respects with existing ordinary shares of 1p each in fastjet. Application has been made to the London Stock Exchange for a total of 37,735,850 ordinary shares to be