REG - Jet2 PLC - Adjustment of Convertible Bond Conversion Price

Jet2Announcement

19/09/2024 13:15

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RNS Number : 9171E  Jet2 PLC  19 September 2024

19 September 2024

 

Jet2 plc

(the "Company")

 

Adjustment of Convertible Bond Conversion Price

 

Jet2 plc, the Leisure Travel group, announces to holders of its £387.4
million 1.625% guaranteed convertible bonds due 2026 (ISIN: XS2351465179)
(the "Convertible Bonds") that, as a result of the final dividend
of 10.7 pence per ordinary share in the Company payable to
shareholders on the register at the close of business on 20 September 2024,
the Conversion Price has been adjusted from £17.8747 per Ordinary Share
to £17.6844 per Ordinary Share, effective as of 19 September 2024, in
accordance with Condition 6(b)(iii) of the terms and conditions of the
Convertible Bond

 

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/investor_relations
(https://www.jet2plc.com/en/investor_relations) .

 

 For further information please contact:

 

 Jet2 plc                                    0113 239 7692

 Steve Heapy, Chief Executive Officer

 Gary Brown, Group Chief Financial Officer

 Ian Day, Group Company Secretary

 Cavendish Capital Markets Limited           020 7220 0500

 Nominated Adviser

 Katy Birkin / Camilla Hume/George Lawson

 Burson Buchanan                             020 7466 5000

 Financial PR

 Richard Oldworth/Toto Berger

 

 

 

 

 

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