IN BRIEF: Doric Nimrod Air One receives £25 million from jet sale

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Doric Nimrod Air One Ltd - Guernsey-based investment company that leases aircraft - Receives £25.3 million from Emirates airlines, after it sells its Airbus SE A380-861 aircraft.

The agreement was reached in July. At the time, Doric said it will distribute sale proceeds to shareholders.

‘The board wishes to thank Emirates for its part in this transaction, and the board intends to provide a further update to shareholders, in relation to the return of the proceeds and the liquidation of the company, in January 2023,’ Doric says.

Current stock price: 61.00 pence

12-month change: more than double 29.50p

By Sophie Rose, Alliance News reporter

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