daa Finance plc Statement

December 14, 2017

 

 

 

daa finance plc

EUR290,218,000 6.5872 per cent notes due 2018 of daa finance plc, guaranteed by daa plc (ISIN:XS0375220588)

EUR400,000,000 1.554 per cent notes due 2028 of daa finance plc, guaranteed by daa plc (ISIN:XS1419674525)

Re: daa Chairman’s Term of Office Expiry

daa Chairman Pádraig Ó Ríordáin has informed the Board of daa plc (the “Company”) that he will step down from the Board in mid-January 2018 on the expiry of his current term of office. Mr Ó Ríordáin was appointed daa Chairman in January 2012 by the then Minister for Transport, Tourism and Sport, Leo Varadkar. He was reappointed in February 2015 by Minister Paschal Donohoe and in July 2016 by Minister Shane Ross.

The Department of Transport, Tourism and Sport will now begin a formal process to recruit a new Chairman for the Company.

Enquiries: Ray Gray, Group Chief Financial Officer, daa plc
Telephone number: +353 1 944 5265/6
ray.gray@daa.ie

Catherine Gubbins, Group Financial Controller, daa plc
Telephone number: +353 1 944 2205
catherine.gubbins@daa.ie