daa Finance plc Statement

March 19, 2020

 

daa finance plc

 

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

COVID-19 – Update

19 March 2020

The rapid, global spread of the COVID-19 pandemic has had a significant and sudden impact on the operations of the daa Group (the “Group”). Specifically, due to a significant decline in passenger numbers, the Group now proposes to scale back passenger operations at its airports in Dublin and Cork for the period of the COVID-19 related emergency measures.

daa Group Chief Executive Dalton Philips noted:

“We have a national responsibility to keep our airports open for Ireland’s supply chain and to help ensure that essential flight operations for cargo can continue. Dublin and Cork airports will continue to work with their airline partners to help them to get Irish citizens home to their families and allow passengers from overseas to do the same.”

Enquiries:      Ray Gray, Group Chief Financial Officer, daa plc

Telephone number: +353 1 944 5265/6

ray.gray@daa.ie

 

Catherine Gubbins, Director of Finance, daa plc

Telephone number: +353 1 944 2205

catherine.gubbins@daa.ie