Doric Nimrod Air Three Ltd (DNA3) Ordinary Preference Shares NPV

Doric Nimrod Air Three Limited is a Guernsey-based company, which specializes in the 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 used the net proceeds from 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.

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.

• Ongoing charge8.30%
• Annual management charge -
• Performance feeNo

A management and advisory fee of GBP 135,000 p.a. would be paid quarterly in arrears. Doric will also receive a fee for its sales and remarketing services on disposition of the Asset and subsequent winding up of the Company.