REG - Wizz Air Holdings - Wizz Air Omnibus Plan award grants

Wizz Air HoldingsAnnouncement

26/02/2026 10:00

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RNS Number : 5392U  Wizz Air Holdings PLC  26 February 2026

 

Wizz Air Holdings Plc

Wizz Air Omnibus Plan award grants

Geneva, 26 February 2026 - Wizz Air Holdings Plc ("Wizz Air" or the
"Company"), one of the most sustainable European airlines, announces the
granting of awards under Omnibus Share Plan ("Omnibus Plan") to a person
discharging management responsibilities ("PDMR").

 

On 23 February 2026, following approval by the Company's Remuneration
Committee from 27 January 2026, Wizz Air made a grant of options ("Options")
under the Omnibus Plan as Long-Term Incentive Plan awards ("LTIP Awards"),
over 25,139 ordinary shares in the capital of Wizz Air of £0.0001 par value
(identification code JE00BN574F90) to a PDMR as set out below.

 

The following PDMR was granted LTIP Award:

 1.   Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Nora Viktoria Rabe
 2.   Reason for the notification
 a)   Position / status                                            Corporate and ESG Officer
 b)   Initial notification / amendment                             Initial notification
 3.   Details of the issuer
 a)   Name                                                         Wizz Air Holdings Plc
 b)   Legal entity identifier                                      213800COXGZCORLJZA85
 4.   Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 a)   Description of the financial instrument, type of instrument  Ordinary shares of £0.0001 each
      Identification code                                          JE00BN574F90
 b)   Nature of the transaction                                    Grant of LTIP Award in the form of Options
 c)   Currency                                                     British Pounds
 d)   Price(s) and volume(s)                                                         Price(s)          Volume(s)
                                                                                     NIL                10,056 (Performance Award)

                                                                                                       15,083 (Restricted Stock Award)
 e)   Aggregated information

      ·    Aggregated volume                                       25,139

      ·    Price                                                   NIL
 f)   Date of the transaction                                      23 February 2026
 g)   Place of the transaction                                     N/A

 

40% of the LTIP Award is subject to performance conditions ("Performance
Award"). The remaining 60% of the LTIP Award is not subject to performance
conditions and will vest on the relevant vesting date(s) provided the PDMR
remains in employment with the Company ("Restricted Stock Award").

100% of the Performance Award will vest subject to Total Relative Shareholder
Return ("TSR") performance of the Company over the next three-year period
starting with the 2026 financial year of the Company. The threshold TSR is
median within the Benchmarked European Airlines TSR for which 25% of the award
vests with straight line vesting in between median and the upper quartile.

 All vested Options must be exercised within ten years of the date of grant. If
 exercised, then the underlying shares in the Company will be issued or
 transferred at nil cost to the Option holders. No amounts have been paid by
 the relevant PDMRs for the grant of these Options.
 - Ends -

 ABOUT WIZZ AIR

 Wizz Air operates a fleet of 260 Airbus A320 and A321 aircraft. A team of
 dedicated aviation professionals delivers superior service and very low fares,
 making Wizz Air the preferred choice of 63.4 million passengers in 2025
 financial year. Wizz Air is listed on the London Stock Exchange under the
 ticker WIZZ. Wizz Air has also been recognized as the "Most Sustainable
 Low-Cost Airline" between 2021-2025 by World Finance Sustainability Awards. In
 2025, Wizz Air topped the major airlines' emissions ranking, as presented by
 Cirium, an aviation analytics company, thanks to its work reducing emissions
 intensity. Most recently, it was awarded Sustainable Airline of the Year 2025
 at the Airline Economics Sustainability Awards Gala in September 2025.

 

 For more information:

 Investors:  Mark Simpson, Wizz Air                                   investor.relations@wizzair.com (mailto:investor.relations@wizzair.com)
             Zlatko Custovic

 Media:      Andras Rado, Wizz Air                                    c (mailto:communications@wizzair.com) ommunications@wizzair.com

                                                        (mailto:communications@wizzair.com) wizz@mhpgroup.com
             James McFarlane/Eleni Menikou/Charles Hirst, MHP Group   (mailto:wizz@mhpgroup.com)

 

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