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WIZZ Wizz Air Holdings Plc

2,146.00
28.00 (1.32%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wizz Air Holdings Plc LSE:WIZZ London Ordinary Share JE00BN574F90 ORD GBP0.0001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  28.00 1.32% 2,146.00 2,122.00 2,128.00 2,130.00 2,026.00 2,068.00 443,441 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Air Transport, Scheduled 4.03B -523M -5.0624 -4.20 2.2B

Wizz Air Holdings PLC Holding(s) in Company (5879I)

20/06/2017 9:21am

UK Regulatory


TIDMWIZZ

RNS Number : 5879I

Wizz Air Holdings PLC

20 June 2017

 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 
------------------------------------------------------------------------------------------------------- 
 1. Identity of the issuer or                                    Wizz Air Holdings Plc 
  the underlying issuer of existing 
  shares to which voting rights 
  are attached: ii 
------------------------------------------------------------  ----------------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
------------------------------------------------------------------------------------------------------- 
                                                                                   x 
   An acquisition or disposal of voting rights 
--------------------------------------------------------------  --------------------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
--------------------------------------------------------------  --------------------------------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
--------------------------------------------------------------  --------------------------------------- 
 
   An event changing the breakdown of voting rights 
--------------------------------------------------------------  --------------------------------------- 
 Other (please specify): 
--------------------------------------------------------------  --------------------------------------- 
 
                                                                  Indigo Hungary Management LLC 
   3. Full name of person(s)                                      William A. Franke 
   subject to the notification 
   obligation: iii 
----------------------------------------------------------  ------------------------------------------- 
 
                                                                  Indigo Hungary LP 
    4. Full name of shareholder(s)                                Indigo Maple Hill, L.P. 
    (if different from 3.):iv 
----------------------------------------------------------  ------------------------------------------- 
 5. Date of the transaction 
  and date on                                                     19 June 2017 
  which the threshold is crossed 
  or reached: v 
----------------------------------------------------------  ------------------------------------------- 
 
   6. Date on which issuer notified:                              19 June 2017 
----------------------------------------------------------  ------------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or reached: vi, vii                                     Voting rights: Below 3% 
 
                                                                  Including instruments with 
                                                                  similar economic effect to 
                                                                  qualifying financial instruments: 
                                                                  Below 140%, 139%, 138%, 137%, 
                                                                  136%, 135%, 134%, 133%, 132%, 
                                                                  131%, 130%, 129%, 128%, 127%, 
                                                                  126%, 125%, 124%, 123% and 
                                                                  122% (Please refer to Section 
                                                                  13) 
----------------------------------------------------------  ------------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares viii, ix 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type of        Situation previous                 Resulting situation after the triggering transaction 
 shares                to the triggering transaction 
 
 if possible using 
 the ISIN CODE 
-------------------  ---------------------------------  -------------------------------------------------------------- 
                      Number         Number              Number        Number of voting         % of voting rights x 
                       of             of Voting Rights    of shares     rights 
                       Shares 
-------------------  -------------  ------------------  ------------  -----------------------  ----------------------- 
                                                                              xi          xii 
                                                              Direct      Direct     Indirect      Direct     Indirect 
-------------------  -------------  ------------------  ------------  ----------  -----------  ----------  ----------- 
   Ordinary 
    JE00BN574F90 
-------------------  -------------  ------------------  ------------  ----------  -----------  ----------  ----------- 
   Indigo Hungary 
    L.P.                8,245,590      8,245,590           0             0           N/A          0%          N/A 
-------------------  -------------  ------------------  ------------  ----------  -----------  ----------  ----------- 
   Indigo Maple 
    Hill, L.P.          2,495,043      2,495,043           0             0           N/A          0%          N/A 
-------------------  -------------  ------------------  ------------  ----------  -----------  ----------  ----------- 
   Bigfork Partners 
    LLC                 70,000         70,000              70,000        70,000      N/A         0.1%         N/A 
-------------------  -------------  ------------------  ------------  ----------  -----------  ----------  ----------- 
   Indigo Hungary 
    Management LLC      4,750          4,750               4,750         4,750       N/A         0.0%         N/A 
-------------------  -------------  ------------------  ------------  ----------  -----------  ----------  ----------- 
   William A. 
    Franke              82,917         82,917              82,917        82,917      N/A         0.1%         N/A 
-------------------  -------------  ------------------  ------------  ----------  -----------  ----------  ----------- 
 
 
 
   B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------- 
 
   Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/     Number of voting     % of voting 
  instrument          date xiii    Conversion    rights that          rights 
                                   Period xiv    may be acquired 
                                                 if the instrument 
                                                 is exercised/ 
                                                 converted 
------------------  -----------  ------------  -------------------  ------------ 
N/A                 N/A          N/A           N/A                  N/A 
------------------  -----------  ------------  -------------------  ------------ 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
  xv, xvi 
----------------------------------------------------------------------------------------------------------------- 
 
   Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------- 
 Type of financial     Exercise                  Expiration    Exercise/        Number        % of voting 
  instrument            price                     date xvii     Conversion       of voting     rights xix, 
                                                                period           rights        xx 
                                                                xviii            instrument 
                                                                                 refers 
                                                                                 to 
--------------------  ------------------------  ------------  ---------------  ------------  -------------------- 
   Convertible          Each Convertible         N/A            N/A              44,830,503 
    Shares - Indigo      Share is convertible                                                   Nominal     Delta 
    Hungary LP           into one Ordinary 
    and Indigo           Share 
    Maple Hill, 
    L.P. 
--------------------  ------------------------  ------------  ---------------  ------------  ----------  -------- 
                                                                                              78.0% 
  ----------------------------------------------------------  ---------------  ------------  ----------  -------- 
   Convertible 
    Notes - Indigo 
    Hungary LP 
    and Indigo          Series A Notes 
    Maple Hill,          and Series 
    L.P.                 D Notes - EUR1          31/03/2022     to 31/03/2022    24,952,565   43.4% 
    Series B Notes                                                                 (Please 
     - EUR1.50                                                                     refer to 
                                                                                   Section 
                                                                                   13) 
 --------------------------------------  -------------------  ---------------  ------------  ----------  -------- 
 
 
 
   Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
   69,940,735                121.7% 
------------------------  ---------------------------- 
 
 
   9. Chain of controlled undertakings through which the 
    voting rights and/or the financial instruments are effectively 
    held, if applicable: xxi 
------------------------------------------------------------------ 
Indigo Hungary Management LLC is the general partner 
 of Indigo Hungary LP and Indigo Maple Hill, L.P. William 
 A. Franke is the sole member of Indigo Hungary Management 
 LLC. 
------------------------------------------------------------------ 
 
 
 Proxy Voting: 
---------------------------------------------------------------------------- 
                                                      N/A 
   10. Name of the proxy holder: 
---------------------------------  ----------------------------------------- 
                                                      N/A 
   11. Number of voting rights 
   proxy holder will cease to 
   hold: 
---------------------------------  ----------------------------------------- 
                                                      N/A 
   12. Date on which proxy holder 
   will cease to hold voting 
   rights: 
---------------------------------  ----------------------------------------- 
                                        Shares sold pursuant to a 
   13. Additional information:           placing announced on 14 June 
                                         2017. 
                                         Please refer to Part III of 
                                         the prospectus published by 
                                         Wizz Air Holdings Plc on 25 
                                         February 2015 which sets out 
                                         the terms of the Convertible 
                                         Shares and Convertible Notes 
                                         (each as defined therein) 
                                         and the circumstances in which 
                                         the conversion rights can 
                                         be exercised. 
                                         The number of voting rights 
                                         included in respect of the 
                                         Convertible Notes in Part 
                                         C of Section 8 includes Ordinary 
                                         Shares that would have been 
                                         issued in respect of accrued 
                                         but unpaid interest assuming 
                                         that the Convertible Notes 
                                         had been converted in full 
                                         on 19 June 2017. 
                                         This disclosure has been calculated 
                                         based on the total voting 
                                         rights figure of 57,477,671 
                                         as set out in Wizz Air Holding 
                                         Plc's announcement of 7 June 
                                         2017. 
---------------------------------  ----------------------------------------- 
                                      Ken Klingler (CFO, Indigo) 
   14. Contact name: 
---------------------------------  ----------------------------------------- 
                                      +1 602.224.1502 
   15. Contact telephone number: 
---------------------------------  ----------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLPGUBGQUPMURU

(END) Dow Jones Newswires

June 20, 2017 04:21 ET (08:21 GMT)

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