CatalystWireBeta

Results of placing shares in Wizz Air Holdings Plc

In brief · summary, not quotable

Indigo Partners sold 10m shares at 1,250p per share, raising £125m gross proceeds.

  • Shares sold 10,000,000
  • Price per share 1,250 pence
  • Gross proceeds £125 million
  • Indigo Partners stake after sale 14.2%
Full announcement

Select text to share a quote on X · sign in to keep highlights & notes in your WIZZ notes

Neither this communication nor anything contained herein shall form the basis of, or be relied upon in connection with, any offer or commitment whatsoever in any jurisdiction. Any offer to acquire shares pursuant to the Placement (as defined below) will be made, and any investor should make its investment decision solely on the basis of, publicly available information.

Results of secondary placing of ordinary shares in Wizz Air Holdings Plc by investment funds managed by Indigo Partners LLC

Further to the announcement released on 26 February 2026 by Indigo Partners LLC ("Indigo Partners"), Indigo Partners announces that Indigo Hungary LP and Indigo Maple Hill, L.P. (the "Sellers"), being investment funds managed by it, have sold in aggregate 10,000,000 ordinary shares in Wizz Air Holdings plc (the "Company" or "Wizz Air"), by way of an accelerated bookbuild process to institutional investors (the "Placement") at a price of 1,250 pence per share, raising gross proceeds of approximately £125 million.

Following completion of the Placement, the Sellers will hold 14,684,895 ordinary shares in the Company, representing approximately 14.2% of the issued ordinary share capital and voting rights in the Company. The Sellers also hold, and will continue to hold, convertible shares and convertible notes in the Company as detailed in Wizz Air's 2025 Annual Report and Accounts and subsequent relevant regulatory filings.

The Placement was driven by certain investors in the funds managed by Indigo Partners seeking to realise their investment following an extended holding period.

The Sellers have engaged Morgan Stanley & Co. International plc ("Morgan Stanley") and J.P. Morgan Securities plc ("J.P. Morgan") as bookrunners (the "Joint Bookrunners") in connection with the Placement. In the context of the Placing, subject to customary exceptions, the Indigo Partners will not make additional sales of ordinary shares in Wizz Air for 90 days without the consent of the Joint Bookrunners. In addition, the Indigo Partners may sell additional shares to a private equity sponsor or strategic investor provided the purchaser is then subject to the same lock-up terms as the Indigo Partners.

The proceeds of the Placement are payable in cash. Settlement of the Placement is expected to occur on or around 3 March 2026, subject to customary closing conditions.

Investors are reminded that the Board of Wizz previously resolved to treat certain ordinary shares in the Company held by Non-Qualifying Nationals as Restricted Shares in order to continue to comply with the Ownership and Control Requirement under European Union law following Brexit. Holders of Restricted Shares are not able to attend or speak or vote at any general meetings of the Company in respect of such shares. Investors should refer to the RNS announcement by the Company on 29 December 2020 entitled "Disenfranchisement of Ordinary Shares" and the Wizz Air 2025 Annual Report and Accounts for further information.

No shares are being sold or issued by the Company and the Company will not receive any proceeds from the Placement.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

Share this quote

Quote card
Post on X WhatsApp Download image

The link opens this announcement with the quote highlighted. Quotes are checked against the original text.

Add a note