Loan Facility

Summary by AI ^BETAClose X

DP Aircraft I Limited has secured a twelve-month loan facility of US$1.5 million from Ironsides Holdings LLC to fund operational enhancements for Boeing 787-8 aircraft being transferred to LOT Polish Airlines. This loan was approved by independent directors due to Ironsides' significant shareholding of approximately 28.6 percent, held through associated entities. The commercial terms were negotiated on an arm's-length basis.

Disclaimer*

DP Aircraft I Limited

15 April 2026

DP Aircraft I Limited (the 'Company')

Loan Facility

The Board of DP Aircraft I Limited ("DPA" or the "Company") announces that the Company has secured a twelve-month loan facility of US$1.5 million from Ironsides Holdings LLC ("Ironsides"). Robert Knapp, a non-executive Director of DPA, provides Board representation for Ironsides and associated companies which together hold 73,186,272 shares (approximately 28.6 per cent. of issued share capital) in the Company in aggregate; and accordingly, the loan was agreed and approved on behalf of the Company by the independent directors. The loan, the commercial terms of which have been negotiated on an arm's-length basis, will be used to facilitate operational enhancements to the Boeing 787-8's which are being transferred from Thai Airways International to LOT Polish Airlines."

For further information, please contact:

Aztec Financial Services (Guernsey) Limited +44(0) 1481 748831

Chris Copperwaite

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