Wizz Air Holdings - Wizz Air Omnibus Plan award grants
Wizz Air Holdings Plc
Wizz Air Omnibus Plan award grants
Geneva, 2 October 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 number of persons discharging management responsibilities ("PDMRs").
On 2 October 2026, following approval by the Company's Remuneration Committee from 15 September 2026, Wizz Air made a grant of options ("Options") under the Omnibus Plan as Long-Term Incentive Plan awards ("LTIP Awards"), over 107,562 ordinary shares in the capital of Wizz Air of £0.0001 par value (identification code JE00BN574F90) to PDMRs as set out below.
The following PDMRs were granted LTIP Awards:
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Jingyuan Sun
2.
Reason for the notification
a)
Position / status
Chief Technical 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
28,065 (Performance Award)
42,097 (Restricted Stock Award)
e)
Aggregated information
- Aggregated volume
- Price
70,162
NIL
f)
Date of the transaction
2 October 2026
g)
Place of the transaction
N/A
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Janos Pal
2.
Reason for the notification
a)
Position / status
Revenue Officer East and UK
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
14,960 (Performance Award)
22,440 (Restricted Stock Award)
e)
Aggregated information
- Aggregated volume
- Price
37,400
NIL
f)
Date of the transaction
2 October 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 2027 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 276 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 69.7 million passengers in 2026 financial year. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ. 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. It was awarded Sustainable Airline of the Year 2025 at the Airline Economics Sustainability Awards Gala in September 2025. Wizz Air has also been recognized as the "Most Sustainable Low-Cost Airline" for six years running between 2021-2026 by World Finance Sustainability Awards.
For more information:
Investors:
Mark Simpson, Wizz Air
Zlatko Custovic, Wizz Air
Media:
Andras Rado, Wizz Air
James McFarlane/Eleni Menikou/Charles Hirst, MHP Group
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