Holding(s) in Company

RNS Number : 9138E

Wizz Air Holdings PLC

04 March 2020

 

TR-1: S tandard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii :			Wizz Air Holdings Plc
1b. Please indicate if the issuer is a non-UK issuer   (please mark with an "X" if appropriate)
Non-UK issuer						X
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii: Conversion of 12,453,300 (in aggregate) Convertible Shares into Ordinary Shares on 3 March 2020						X
3. Details of person subject to the notification obligation iv
Name			Indigo Hungary Management LLC William A. Franke
City and country of registered office (if applicable)			Wilmington, Delaware, United States of America
4. Full name of shareholder(s) (if different from 3.) v
Name			Indigo Hungary LP Indigo Maple Hill, L.P.
City and country of registered office (if applicable)			Grand Cayman, Cayman Islands
5. Date on which the threshold was crossed or reached vi :			03/03/2020
6. Date on which issuer notified (DD/MM/YYYY):			03/03/2020
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights of issuer vii
Resulting situation on the date on which threshold was crossed or reached	17.8%	48.9%		66.7%	85,395,140
Position of previous notification (if applicable)	3.7%	75.5%		79.2%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible) Ordinary JE00BN574F90		Number of voting rights ix					% of voting rights
		Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)			Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Indigo Hungary LP		11,515,509		N/A			13.5%		N/A
Indigo Maple Hill, L.P.		3,484,491		N/A			4.1%		N/A
Bigfork Partners LLC		70,000		N/A			0.1%		N/A
Indigo Hungary Management LLC		4,750		N/A			0.0%		N/A
William A. Franke		82,917		N/A			0.1%		N/A
SUBTOTAL 8. A		15,157,667					17.8%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument		Expiration date x	Exercise/ Conversion Period xi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
N/A		N/A	N/A			N/A			N/A
			SUBTOTAL 8. B 1			N/A			N/A
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration date x		Exercise/ Conversion Period xi		Physical or cash settlement xii			Number of voting rights	% of voting rights
Convertible Shares - Indigo Hungary LP and Indigo Maple Hill, L.P.	N/A		N/A		N/A			17,377,203	20.3%
Convertible Notes - Indigo Hungary LP and Indigo Maple Hill, L.P.	31/03/2022		to 31/03/2022		N/A			24,381,420 (Please refer to Section 11)	28.6%
					SUBTOTAL 8.B.2			41,758,623	48.9%

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity xiv (please add additional rows as necessary):  Indigo Hungary Management LLC is the general partner of Indigo Hungary LP and Indigo Maple Hill, L.P. William A. Franke is the sole member of Indigo Hungary Management LLC.				X
Name xv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Indigo Hungary LP	13.5%	37.5%	51.0%
Indigo Maple Hill, L.P.	4.1%	11.4%	15.4%
10. In case of proxy voting, please identify:
Name of the proxy holder		N/A
The number and % of voting rights held		N/A
The date until which the voting rights will be held		N/A
11. Additional information xvi
Please refer to Part III of the prospectus published by Wizz Air Holdings Plc on 25 February 2015 which sets out the terms of the Convertible Shares and Convertible Notes (each as defined therein) and the circumstances in which the conversion rights can be exercised. The number of voting rights included in respect of the Convertible Notes in Part B.2 of Section 8 includes Ordinary Shares that would have been issued in respect of accrued but unpaid interest assuming that the Convertible Notes had been converted in full on 3 March 2020. This disclosure has been calculated based on the total voting rights figure of 85,395,140 as set out in Wizz Air Holding Plc's announcement dated 3 March 2020.

Place of completion	London, United Kingdom
Date of completion	3 March 2020

 

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