RNS Number : 2367N
Jet2 PLC
21 September 2023
 

21 September 2023

 

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 8.0 pence per ordinary share in the Company payable to shareholders on the register at the close of business on 22 September 2023, the Conversion Price has been adjusted from £18.06 per Ordinary Share to £17.8747 per Ordinary Share, effective as of 21 September 2023, in accordance with Condition 6(b)(iii) of the terms and conditions of the Convertible Bonds.

 

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/convertible-bonds.

 

The Company also announces that its nominated adviser has changed its name to Cavendish Securities plc (formerly Cenkos Securities plc) following completion of its own corporate merger.

 

 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 Securities plc

Nominated Adviser

Katy Birkin / Camilla Hume

 

 

020 7220 0500

Buchanan

Financial PR

Richard Oldworth/Toto Berger

020 7466 5000

 

 

 

 

 

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