Doric Nimrod Air Three Limited

DNA3

GG00B92LHN58

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Market Closed - London S.E. Other stock markets 11:35:00 2024-04-26 am EDT			5-day change	1st Jan Change
51 ^GBX	0.00%		0.00%	-8.11%

Apr. 03	RBG sells Convex; Nexteq eyes share buyback	AN
Mar. 15	EARNINGS AND TRADING: Cykel and Mustang push back takeover deadline	AN

Doric Nimrod Air Three eyes USD12 million from Emirates

January 04, 2024 at 02:04 pm EST

Doric Nimrod Air Three Ltd - investment firm that acquires, lease and then sells aircraft - Receives notice via subsidiary DNA Alpha Ltd that Emirates is exercising the option to enable it to redeliver the Airbus A380-861 aircraft with the manufacturer's serial number 132 in the minimum condition equivalent to "half-life" together with a cash sum. If the aircraft is returned to DNA Alpha, Emirates will pay a sum of USD12.0 million to DNA Alpha, plus "normal" monetary compensation. The lease expiry for the aircraft is August 29, 2025.

Current stock price: 118.50 pence, up 0.4% on Thursday

12-month change: up 15%

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	AIRBUS SE	157.1 EUR	-0.92%	-1.86%	133B
	DORIC NIMROD AIR THREE LIMITED	51 GBX	0.00%	0.00%	140M

Latest news about Doric Nimrod Air Three Limited

RBG sells Convex; Nexteq eyes share buyback	Apr. 03	AN
EARNINGS AND TRADING: Cykel and Mustang push back takeover deadline	Mar. 15	AN
Mirriad Advertising and EnSilica win deals	Mar. 04	AN
Doric Nimrod Air Three eyes USD12 million from Emirates	Jan. 04	AN
Hermes Pacific revenue doubles; swings to profit	Dec. 15	AN
Doric Nimrod Air Three Limited Reports Earnings Results for the Half Year Ended September 30, 2023	Dec. 15	CI
Doric Nimrod Air Three Limited Declares an Interim Dividend on Ordinary Preference Share in Respect of the Financial Year Ending 31 March 2024, Payable on or Around 31 October 2023	23-10-10	CI
Doric Nimrod Air Three Limited Announces Resignation of Charles Wilkinson as Non-Executive Director	23-07-31	CI
Doric Nimrod Air Three Limited Reports Earnings Results for the Full Year Ended March 31, 2023	23-07-24	CI
Doric Nimrod Air Three Limited Announces Resignation of Charles Wilkinson as a Non-Executive Director, Effective 31 July 2023	23-04-18	CI
Doric Nimrod Air Three Limited Announces Appointment of Theresa Oldham as an Independent, Non-Executive Director	23-04-04	CI
Doric Nimrod Air Two, Doric Nimrod Air Three appoint chairs	23-02-15	AN
Doric Nimrod Air Two, Doric Nimrod Air Three each appoint new chairs	23-02-15	AN
Doric Nimrod Air Three Names New Board Chair	23-02-15	MT
Doric Nimrod Air Three Limited Resolves to Make Amendments to the Composition of the Company's Board and Board Committees with Effect from March 1, 2023	23-02-15	CI
Doric Nimrod Air Three Limited Announces Interim Dividend of the Financial Year Ending 31 March 2023	23-01-12	CI
Doric Nimrod Air Three Limited Reports Earnings Results for the Half Year Ended September 30, 2022	22-12-15	CI
UK shareholder meetings calendar - next 7 days	22-12-08	AN
UK shareholder meetings calendar - next 7 days	22-12-07	AN
UK shareholder meetings calendar - next 7 days	22-12-06	AN
UK shareholder meetings calendar - next 7 days	22-12-05	AN
UK shareholder meetings calendar - next 7 days	22-12-02	AN
Doric Nimrod Air Three Limited Reports Earnings Results for the Full Year Ended March 31, 2022	22-07-29	CI
Doric Nimrod Air Three Limited Announces Directorate Change	22-03-01	CI
Suzanne Procter to Resign as A Director of the Doric Nimrod Air Three and Its Subsidiary	21-12-20	CI

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Company Profile

Doric Nimrod Air Three Limited is a Guernsey-based company, which specializes in fund segment. The Company's investment objective is to obtain income returns and a capital return for its shareholders by acquiring, leasing and then selling aircraft. To pursue its investment objective, the Company has used the net proceeds of placings and other equity capital raisings, together with debt facilities (or instruments), to initially acquire four Airbus A380 Aircraft which are leased to Emirates, the national carrier owned by the Investment Corporation of Dubai based in Dubai, United Arab Emirates. The Company has one wholly owned subsidiary, DNA Alpha Limited, which holds the assets of the Company. The Company's asset manager is Amedeo Management Limited.

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2024-07-30 - Q4 2024 Earnings Release (Projected)

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HOLD

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0.51

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Sector Commercial Equipment Rental

	1st Jan change	Capi.
DORIC NIMROD AIR THREE LIMITED	-8.11%	140M
UNITED RENTALS, INC.	+20.47%	46B
ASHTEAD GROUP PLC	+11.75%	33.18B
AERCAP HOLDINGS N.V.	+15.03%	16.73B
WILLSCOT MOBILE MINI HOLDINGS CORP.	-12.99%	7.38B
AIR LEASE CORPORATION	+23.18%	5.75B
HERC HOLDINGS INC.	+2.27%	4.32B
AVIC INDUSTRY-FINANCE HOLDINGS CO., LTD.	-1.61%	3.73B
MCGRATH RENTCORP	-6.61%	2.74B
BOHAI LEASING CO., LTD.	+15.42%	2.11B

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Doric Nimrod Air Three Limited

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DNA3

GG00B92LHN58

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Doric Nimrod Air Three eyes USD12 million from Emirates

Stocks mentioned in the article

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Sector Commercial Equipment Rental