DGAP-Adhoc

Air Berlin PLC sells its stake in NIKI Luftfahrt GmbH to Etihad Investment Holding Company

Air Berlin PLC / Key word(s): Restructure of Company/Disposal

05.12.2016 11:14

Disclosure of an inside information according to Article 17 MAR,
transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Air Berlin sells its stake in NIKI Luftfahrt GmbH to Etihad Investment
Holding Company

Disclosure of inside information according to Article 17 of the Regulation
(EU) No 596/2014 (Market Abuse Regulation, MAR)

London, 5 December 2016 - Air Berlin PLC has resolved today to continue
with its restructuring and sell all of the shares it indirectly holds in
NIKI Luftfahrt GmbH to Etihad Investment Holding Company LLC. Etihad
Investment Holding Company LLC will not hold a majority stake in, and will
not gain effective control over, NIKI Luftfahrt GmbH, but intends to
contribute the shares to a new airline group controlled by European owners.
As part of the transaction NIKI Luftfahrt GmbH will take over from Air
Berlin PLC & Co. Luftverkehrs KG all transport agreements relating to
certain touristic destinations in Southern Europe (excluding Italy, but
including the Canary Islands and Madeira), North Africa and Turkey with
effect of the summer scheduling period 2017 as well as slots (time frames
for take-offs and landings) used for these destinations. Air Berlin PLC &
Co. Luftverkehrs KG will further transfer all Airbus A321 aircraft
currently operated by it to NIKI Luftfahrt GmbH and assume all Airbus A319
and A320 aircraft currently operated by NIKI Luftverkehrs GmbH.

The Air Berlin group will receive EUR 300 million under this agreement. The
transaction when concluded will have a positive effect on the financial
results of Air Berlin PLC.

The transaction is subject to regulatory approvals.

Person making the notification:
Maria Laubach, Vice President Financial Reporting
Email: [e-mail]

Air Berlin PLC c/o Browne Jacobson LLP, 6 Bevis Marks, Bury Court, London,
EC3A 7BA, United Kingdom; ISIN GB00B128C026, WKN AB1000 (Share), Frankfurt
Stock Exchange (Regulated Market, Prime Standard); ISIN DE000A0NQ9H6
(Convertible Bonds 2007), Euro MTF market of the Luxembourg Stock Exchange;
ISIN DE000AB100B4 (Bond April 2011 and January 2014), Bondm segment of the
open market of the Stuttgart Stock Exchange and Euro MTF market of the
Luxembourg Stock Exchange; ISIN DE000A1HGM38 (Convertible Bonds 2013), Open
Market Frankfurt Stock Exchange; ISIN XS1051719786 (EUR Bond May 2014),
Euro MTF market of the Luxembourg Stock Exchange; ISIN XS1051723895 (CHF
Bond May 2014), SIX Swiss Exchange and Euro MTF market of the Luxembourg
Stock Exchange


05.12.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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Language: English
Company: Air Berlin PLC
6 Bevis Marks, Bury Court
EC3A 7BA London
United Kingdom
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: ir.airberlin.com
ISIN: GB00B128C026, DE000AONQ9H6, DE000AB100B4, DE000A1HGM38,
XS1051719786, XS1051723895
WKN: AB1000
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart; Luxemburg, SIX

End of Announcement DGAP News-Service

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