Jet2 PLC Finalizes Repurchase of Convertible Bonds

Jet2 PLC has announced the final terms of its repurchase of existing convertible bonds due 2026, with a value of £301.5 million, representing approximately 99% of the outstanding bonds. These bonds, originally valued at £387.4 million with an interest rate of 1.625%, have ISIN code XS2351465179.

The agreed final repurchase price is set at £103,577.29 per £100,000 principal, adhering to the specified terms. The settlement is expected on or around March 18, 2025, post which the repurchased bonds will be cancelled.

This disclosure forms part of Jet2 PLC’s compliance with UK financial regulations, providing necessary updates on potentially market-sensitive information.