15 November 2024
Jet2 plc
(the "Company")
Repurchase of Convertible
Bonds
Jet2 plc, the
Leisure Travel group, announces that it has repurchased £50.0m
in aggregate principal amount of the Company's £387.4
million 1.625% guaranteed convertible bonds due 2026 (ISIN:
XS2351465179) (the "Convertible Bonds") at a weighted average price
of 103.78%, representing a total consideration of £51.9m.
Following this purchase, £337.4m 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/investor_relations.
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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15.11.2024 CET/CEST Dissemination of a
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