Adjustment of Convertible Bond Conversion Price

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.

 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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