Esken Limited Update on completion of sale of Stobart Air (1135A)
28 Mayo 2021 - 1:00AM
UK Regulatory
TIDMESKN
RNS Number : 1135A
Esken Limited
28 May 2021
28 May 2021
Esken Limited
("Esken" or "the Group")
Update on completion of sale of Stobart Air and Carlisle Lake
District Airport
Esken Limited ("Esken"), t he aviation and energy infrastructure
group, today provides a further update regarding the sale of its
entire shareholdings in Stobart Air Unlimited Company (which
operates regional flights under a franchise agreement for Aer
Lingus) and Stobart Air (UK) Limited, the owner of Carlisle Lake
District Airport to Ettyl Limited.
The sale, which was initially announced on 20 April 2021, is
subject to certain change of control and bank facility consents
that were expected in early May. Esken continues to expect the
transaction to complete on the basis set out in the announcement
made on 20 April 2021. Banking facility consent has been obtained.
However, concluding the change of control consents is taking longer
than was envisaged at the time of the announcement of the
transaction.
Esken will provide a further update regarding the completion of
this transaction in due course.
Enquiries:
Esken Limited
Charlie Geller, Communications Director
C/O Tulchan Communications
Tulchan Communications 020 7353 4200
Olivia Peters/David Allchurch esken@tulchangroup.com
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