Meinl Airports International Ltd.
Meinl Airports International:
St, Helier Jersey (euro adhoc) -
Participation in Polish Airport of Bydgoszcz
ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
air transport/Participation
Jersey, 22 February 2008. Meinl Airports International (MAI) will participate in the Polish airport of Bydgoszcz. Yesterday, the company has agreed with the Management Board of Kujawsko-Pomorskie Region and the President of Bydgoszcz City on the terms for MAI´s participation in the airport. At the upcoming shareholders´ meeting the airport company will approve the increase of its authorised share capital. MAI will become a new shareholder in the airport company and intends to subscribe for up to 49% of total shares in Bydgoszcz International Airport. Details to the transaction will be released after the upcoming shareholders meeting of the airport company, which will take place within the next weeks.
Bydgoszcz airport is an international commercial airport in North-West of Poland with a significant expansion potential. The airport is expected to handle approx. 300,000 passengers by 2008. In the longer-term a capacity of more than 1 million passengers has been forecasted.
end of announcement euro adhoc
Further inquiry note:
Meinl Airports International Limited
Nadine Gilles
+43 676 840 531 202
mailto:gilles@meinlairports.com
Branche: Real Estate
ISIN: AT0000A053N4
WKN:
Index: other listings
Börsen: Wiener Börse AG / Third Market