RNS Number : 5367I
Jet2 PLC
14 May 2025
 

14 May 2025

Jet2 plc (the "Group" or the "Company")

Transaction in Own Shares

Jet2 plc, the Leisure Travel group, announces the purchase, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 5 September 2024, of 120,050 ordinary shares of 1.25p each in the capital of the Company (the "Ordinary Shares") on 13 May 2025 as part of the first tranche of the buyback programme announced on 29 April 2025 (the 'Programme').

Date of purchase:

13 May 2025

Number of ordinary shares of £0.0125 purchased:

120,050                

Highest price paid per share (£):

17.5600

Lowest price paid per share (£):

17.4100

Volume weighted average price paid per share (£):

17.4592

 

The Company intends to cancel the Ordinary Shares.

The table below contains detailed information about the purchases referred to above.

Schedule of purchases

Shares purchased:


Jet2 plc (ISIN: GB00B1722W11)

Date of purchases:


13 May 2025

Investment firm:


Canaccord Genuity Limited

 

Aggregate information

 







MIC

Aggregated number of ordinary shares purchased

Volume-weighted average price per share (£)

Lowest price per share (£)

Highest price
per share (£)

AIMX

119,625

17.4589

17.4100

17.5600

AQXE

425

17.5600

17.5600

17.5600

               

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 (as it forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018), a full breakdown of the individual trades made by Canaccord Genuity Limited in connection with the Programme is set out below.

Transaction Time

Time Zone

Volume

Price

Currency

MIC

Transaction reference number

16:04:14

BST

35,000

17.4500

GBP

AIMX

00097006158TRLO1

16:14:57

BST

5,000

17.4100

GBP

AIMX

00097007749TRLO1

16:35:03

BST

2,826

17.5600

GBP

AIMX

00097010096TRLO1

16:35:03

BST

1,059

17.5600

GBP

AIMX

00097010095TRLO1

16:35:03

BST

10

17.5600

GBP

AIMX

00097010094TRLO1

16:35:03

BST

96

17.5600

GBP

AIMX

00097010093TRLO1

16:35:03

BST

6,430

17.5600

GBP

AIMX

00097010092TRLO1

16:35:03

BST

190

17.5600

GBP

AIMX

00097010091TRLO1

16:35:03

BST

158

17.5600

GBP

AIMX

00097010090TRLO1

16:35:03

BST

593

17.5600

GBP

AIMX

00097010089TRLO1

16:35:03

BST

831

17.5600

GBP

AIMX

00097010088TRLO1

16:35:03

BST

231

17.5600

GBP

AIMX

00097010087TRLO1

16:35:03

BST

863

17.5600

GBP

AIMX

00097010086TRLO1

16:35:03

BST

157

17.5600

GBP

AIMX

00097010085TRLO1

16:35:03

BST

397

17.5600

GBP

AIMX

00097010084TRLO1

16:35:03

BST

621

17.5600

GBP

AIMX

00097010083TRLO1

16:35:03

BST

414

17.5600

GBP

AIMX

00097010082TRLO1

16:35:03

BST

1,098

17.5600

GBP

AIMX

00097010081TRLO1

16:35:03

BST

916

17.5600

GBP

AIMX

00097010080TRLO1

16:35:03

BST

12,735

17.5600

GBP

AIMX

00097010079TRLO1

16:35:03

BST

425

17.5600

GBP

AQXE

00097010078TRLO1

 

Following the cancellation of Ordinary Shares, Jet2 will have 213,517,562 Ordinary Shares in issue and no Ordinary Shares are held in treasury. The figure of 213,517,562 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information, please contact:

Jet2 plc

Steve Heapy, Chief Executive Officer

Tel:             0113 239 7692

Gary Brown, Group Chief Financial Officer

Institutional investors and analysts:

Mark Buxton, Finance and Investor Relations Director

Tel:              0113 848 0242

Cavendish Capital Markets Limited - Nominated Adviser

Katy Birkin / Camilla Hume / George Lawson

Tel:             020 7220 0500

Canaccord Genuity Limited - Joint Broker

                                                                                             

Adam James / Harry Rees

Tel:             020 7523 8000

Jefferies International Limited - Joint Broker

Ed Matthews / Jee Lee

Tel:             020 7029 8000

Burson Buchanan - Financial PR

Richard Oldworth / Toto Berger

Tel:             020 7466 5000

Notes to Editors

Jet2 plc is a Leisure Travel Group, comprising Jet2holidays, the UK's leading provider of ATOL protected package holidays to leisure destinations across the Mediterranean, Canary Islands and European Leisure Cities and Jet2.com, the UK's third largest airline by number of passengers flown, which specialises in scheduled holiday flights. In the financial year ended 31 March 2024, over 68% of flown passengers took an end-to-end package holiday with the remainder taking a flight-only.

Jet2 currently operates from 13 UK airport bases at Belfast International, Birmingham, Bournemouth, Bristol, East Midlands, Edinburgh, Glasgow, Leeds Bradford, Liverpool John Lennon, London Stansted, London Luton, Manchester and Newcastle.

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