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| Name | Symbol | Market | Type |
|---|---|---|---|
| Barclays PLC | NYSE:BCS | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.08 | -0.78% | 10.17 | 10.295 | 10.155 | 10.19 | 21,807,125 | 01:00:00 |
From May 2019 to May 2024
By Matteo Castia
Investment funds managed by Indigo Partners LLC are placing up to 400 million pounds ($556.8 million) of shares in Wizz Air Holdings PLC, Barclays PLC said Monday.
The U.K. bank, which has been appointed as global coordinator of the transaction, said Indigo is selling Wizz Air shares by way of an accelerated bookbuild offering.
"A further announcement will be made following completion of the bookbuild, which will contain the number of placing shares and the gross proceeds from the placing," Barclays said.
As of Monday, Indigo holds 15 million ordinary shares in the airline, representing a 17.5% stake, as well as convertible shares and convertible notes.
Write to Matteo Castia at matteo.castia@dowjones.com
(END) Dow Jones Newswires
March 15, 2021 13:32 ET (17:32 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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