Subsid possible disposal
15 Gennaio 2007 - 11:43AM
UK Regulatory
RNS Number:5080P
DAA Finance PLC
15 January 2007
DAA FINANCE PLC (formerly Aer Rianta Finance plc)
Euro250,000,000 6.15 per cent. notes due 2011 of DAA Finance plc, guaranteed by
Dublin Airport Authority plc
PRESS RELEASE
AER RIANTA INTERNATIONAL TO EXPLORE DISPOSAL
OF INTEREST IN BIRMINGHAM INTERNATIONAL AIRPORT
Dublin Airport Authority plc ("DAA"), through its wholly owned subsidiary Aer
Rianta International c.p.t. ("ARI"), currently holds a 24.125% interest in
Birmingham International Airport (BIA). BIA is the fifth largest passenger
airport in the UK and the second largest outside of London and handled just
under 9.5 million passengers during the 12 months ended 31 March 2006.
ARI and Macquarie Airports Group, which also holds a 24.125% interest in BIA,
have announced their intention to explore the disposal of their combined 48.25%
interest by way of a joint sale process.
Any decision to proceed with a divestment of their combined interest will be
dependent upon the quality of the offers that might be received.
For furter information please contact:
Vincent Wall, Communications Director, DAA
Telephone number: +353 1 814 4107 / +353 87 6860727
Ray Gray, Director
Telephone number: +353 1 814 5265
This information is provided by RNS
The company news service from the London Stock Exchange
END
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