JET2 Jet2 PLC

EQS-News: Repurchase of Convertible Bond

EQS-News: JET2 PLC / Key word(s): Miscellaneous
Repurchase of Convertible Bond

06.02.2025 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

6 February 2025

 

Jet2 plc

(the "Company")

 

Repurchase of Convertible Bond

 

Further to the announcement on 15 November 2024, Jet2 plc, the Leisure Travel group, announces that it has repurchased a further £33.0m in aggregate principal amount of the Company's £337.4 million 1.625% guaranteed convertible bonds due 2026 (ISIN: XS2351465179) (the "Convertible Bonds") at a weighted average price of 104.66%, representing a total consideration of £34.5m. 

 

Following this purchase, £304.4m 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 .

 

 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

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact  or visit .


06.02.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at -news.com

2082057  06.02.2025 CET/CEST

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EN
06/02/2025

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