Last checked at 21 Sep 2023 11:33
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 |