Jet2 PLC Repurchase of Convertible Bond
06 February 2025 - 6:00PM
RNS Regulatory News
RNS Number : 0910W
Jet2 PLC
06 February 2025
6 February 2025
Jet2 plc
(the
"Company")
Repurchase of Convertible
Bond
Further to the announcement on 15 November
2024, Jet2
plc, the Leisure Travel group, announces that it
has repurchased a further £33.0m in aggregate principal amount of
the Company's £337.4 million 1.625% guaranteed
convertible bonds due 2026 (ISIN: XS2351465179) (the "Convertible
Bonds") at a weighted average price of 104.66%,
representing a total consideration of £34.5m.
Following this purchase, £304.4m in aggregate
principal amount of the Convertible Bonds remains
outstanding.
The Convertible Bonds which have been
repurchased will be surrendered by the Company for
cancellation.
Capitalised terms not otherwise
defined in this announcement shall have the meaning given to them
in the terms and conditions of the Convertible Bonds which are
available on the Company's website at https://www.jet2plc.com/en/convertible-bonds.
For
further information please contact:
|
Jet2
plc
Steve Heapy, Chief Executive Officer
Gary Brown, Group Chief Financial
Officer
Ian Day, Group Company Secretary
|
0113 239
7692
|
|
Cavendish
Capital Markets Limited
Nominated
Adviser
Katy Birkin/Camilla Hume/George
Lawson
|
020 7220
0500
|
|
Burson
Buchanan
Financial
PR
Richard Oldworth/Toto Berger
|
020 7466
5000
|
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END
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