Nimrod Capital and Doric Asset Finance have succeeded in listing of a further £200 million of C shares on the London Stock Exchange today under the Doric Nimrod Air Two Limited (DNA2) vehicle. DNA2 now has a market capitalisation of £360 million. It aims to pay a quarterly dividend equivalent to 9% per annum (based on the issue price of 200 pence per share) following the purchase and leasing of a further four Airbus A380 planes to Emirates, in addition to the three it contracted to buy last year. DNA2 shares are now trading at 221 pence compared to the

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In