Member Info for Thumper1127

That’s exactly the mistake I made at first. Some of mine are outside of an ISA. I B&Bd the majority/max I could last year into my investment ISA without incurring CGT. Given the current SP I’d incur some CGT if I did so now with the rest so I’m treading carefully. That’s one, but only one, reason I’m thinking of taking the cash tax free where I can and these rest outside of the ISA into shares going forward; I always believed in EZJ and may want to keep some skin in the game going forward having achieved way beyond my original objective.

Good weekends all!

@Unluckyal. I just thought the same thing. If it is wholly shares then it appears not. Whether you could do what I’m thinking (all cash for 75% of my holding, 25% all shares) is unclear. If it was part cash/part shares for all the holding then the cash element would be subject to normalCGT rules I believe. Others on here with much more experience that me will no doubt be able to give a definitive view.

@TheRealDeal2023. As my late mother always used to say, good things come to those who wait!

Seen some footage online of the blown out window with passengers with oxygen masks on. A very lucky man!

Afternoon all.

When I first posted just after 7 that the bid had increased to 715 I hadn’t immediately realised that it was another bid (I blame post whisky night vision!). Obviously this is great news.

The Apollo bid seems more rounded than Castle’s. It seems clear(er) that they believe in the existing business, strategy and brand. That last bit I view as vitally important IMO and it’s clear that they’ve covered the Stelios angle.

I’ll be very interested in the “partial alternative for eligible shareholders”. At 715 I’d be 82% up, way beyond my initial expectations. If it proves possible I’d consider selling circa 75% for cash and converting the other 25% into a stake in the forward operation.

The Q3 update is not far away. If it shows continued progress, in keeping with H1 (22% increase in Holiday customers, 2% in load factor compared with previous H1) then this will only reinforce the value of EZJ. Just for the record the last two Q3s showed:

Metric Q3 FY2025 Q3 FY2024 Change

Total passengers 25.883 million 25.318 million +2.2%

Load factor 90.2% 90.0% +0.2 percentage points

easyJet holidays customers Not separately disclosed for Q3 – –

The company did, however, provide some context on holidays:

* easyJet holidays generated £86 million headline profit before tax in Q3, up £13 million year-on-year.

* It reiterated guidance that FY2025 holidays profit would exceed £235 million (it ultimately achieved £250 million for the full year).

* easyJet did not publish the number of holiday customers for Q3 alone.

For reference, the full-year FY2025 holidays figures were:

* 3.1 million holiday customers (up 20% year-on-year).

£250 million headline profit before tax.

GLA.

775.

@Savage_KeyboardR. Very humble of you and recognised.

Just released.

@Nappers. Do we know that Castle have shown an interest in Wizz? The reason I ask is that I speculated a while back what a combined EZJ/Wizz operation would look like.

An all Airbus fleet

A combined extensive network

Very limited city pair duplication

Assuming the easyJet brand prevailed, the ability to vastly expand the Holiday/short break offering.

I haven’t looked at the financials, way beyond my capabilities!

Very interesting article in The Guardian:

https://stocks.apple.com/AWt4bWvM5SQOAH1YVniiZDw

Spam again under a different moniker. Please report so we can keep this board clean.

@SmiffyBlok85. You make a good point and the key word you have used is “structural”. H1 contained £60m of one-off losses, inflating the overall loss figure although what remained did contain cost increases; if these are contained/manageable then there will be no cause for concern. One-off impact of Iran/fuel must be seen in context.

The nuggets often overlooked in the H1 results were the near 2% increase in load factor and the 22% increase in Holiday customers. On the former, provided yield wasn’t compromised then it is good news. If it persists and there is continued good news on the Holidays progress then, from a structural point of view, it would show that the business on track. There was previous mention of later visibility of bookings. But I’m sure that EZJ later said that this was improving.

I’m hoping that there will be a positive update on the new Italian bases.

So, while the Q3 update may bring “bad” news, if all the stars align (and it is a BIG if) then it may mean there is no wriggle room for CastleLake to try to come in below 690; in fact it may even spur them to increase to, say, 700 to clinch the deal.

If the deal falls through then I believe that, although there will be a pull back in the SP, it won’t be to ridiculously low levels. And others will be looking, if they are not already.

EZJ is a fundamentally good business IMO, with good steady growth plans/fleet replacement etc. I was never looking for a bid so if it does fall through I won’t be fazed.

@JackieDab. Wow! I thought I was doing well at an average of just under 393!

@smiffyBlok85. Not sure what steers I gave you!! But here’s a glass raised to you sir!

Not Bristol. It’s a gold mine for EZJ.

… just cut out the cornflakes, simples!

@Primetime51. Snails now eh! How posh are you? I had a homeless snail once, it was a slug!

@Rzez. Thanks for posting that b

@Primetime51. Went through it a few times and I sort of see the logic if the deadline is 17:00 on a Sunday. Although tbh, I originally thought that we’d only hear 07:00 Monday. Confused of Hampshire here. Go to go, “hydration” break now….

Continued…

Here’s the confirmed up-to-date position on the Castlelake situation:

⏳ Takeover deadline

* Castlelake has until 17:00 GMT on Sunday 5 July 2026 to either:

* announce a firm intention to make an offer, or

* walk away, unless the deadline is extended.

This is the standard “put up or shut up” (PUSU) deadline under the UK Takeover Code.

⸻

📢 What that means in practice

If anything happens, it will almost certainly be via an RNS announcement, and it could come:

* Before 17:00 Sunday → most likely timing if they reach a decision earlier

* At or just after 17:00 Sunday → very possible if it’s right on the deadline

* Late Sunday evening / overnight into Monday → less common, but still possible for final wording / regulatory release timing

So yes — in this specific case, a weekend RNS is genuinely likely, not just possible.

⸻

🧠 Why weekend timing is being used here

Because:

* The deadline falls on a non-trading day

* UK takeover rules require simultaneous disclosure to all investors

* They can’t wait until Monday if a decision is made at or before expiry

So the market is effectively “on watch” for a Sunday afternoon announcement window.

⸻

📊 Bottom line

* Yes, there is a hard regulatory deadline at 17:00 Sunday

* Yes, this makes a weekend RNS much more likely than usual

* And yes, if anything happens, it will almost certainly be immediately announced via RNS regardless of day or time

⸻