Doric Nimrod Air Two lists with market capitalisation of £145 million

Nimrod Capital and Doric Asset Finance announce the successful listing of an investment company on the London Stock Exchange (“LSE”). Doric Nimrod Air Two Limited (“DNA2”) aims to pay a quarterly dividend equivalent to 9% per annum (based on the issue price of 200 pence per share) following the leasing of three Airbus A380 planes to Emirates. This new issue follows the launch of a similar offering, Doric Nimrod Air One Limited (“DNA1”), listed in December 2010 and investing in one Airbus A380 leased to Emirates. DNA1 shares are now trading at 110 pence compared to the launch price of 100 pence and the company is paying a quarterly dividend equal to 9% per annum on the issue price. DNA2, which will be approximately three times the size of DNA1, at a market capitalisation of £145 million, brings an investment that has been proven to be very successful in Europe to the UK market. The asset manager, Doric Asset Finance, has a long and successful track record in managing these types of aircraft investments.