16th Jun 2025 11:16
Wizz Air Holdings Plc
Wizz Air Omnibus Plan award grants
Geneva, 16 June 2025 - Wizz Air Holdings Plc ("Wizz Air" or the "Company"), one of the most sustainable European airlines, announces the granting of awards under Omnibus Share Plan ("Omnibus Plan") to a number of persons discharging management responsibilities ("PDMRs").
On 6 June 2025, following approval by the Company's Remuneration Committee, Wizz Air made a grant of options ("Options") under the Omnibus Plan as Long-Term Incentive Plan awards ("LTIP Awards"), over 1,451,235 ordinary shares in the capital of Wizz Air of £0.0001 par value (identification code JE00BN574F90) to PDMRs as set out below.
The following PDMRs were granted LTIP Awards:
1.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Jozsef Janos Varadi | |||
2. | Reason for the notification | ||||
a) | Position / status | Chief Executive Officer | |||
b) | Initial notification / amendment | Initial notification | |||
3. | Details of the issuer | ||||
a) | Name | Wizz Air Holdings Plc | |||
b) | Legal entity identifier | 213800COXGZCORLJZA85 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.0001 each | |||
Identification code | JE00BN574F90 | ||||
b) | Nature of the transaction | Grant of LTIP Award in the form of Options | |||
c) | Currency | British Pounds | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
NIL | 108,115 (Performance Award) 162,172 (Restricted Stock Award) | ||||
e) | Aggregated information · Aggregated volume · Price |
270,287 NIL | |||
f) | Date of the transaction | 6 June 2025 | |||
g) | Place of the transaction | N/A | |||
1.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Michael James Delehant | |||
2. | Reason for the notification | ||||
a) | Position / status | Senior Chief Commercial and Operations Officer | |||
b) | Initial notification / amendment | Initial notification | |||
3. | Details of the issuer | ||||
a) | Name | Wizz Air Holdings Plc | |||
b) | Legal entity identifier | 213800COXGZCORLJZA85 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.0001 each | |||
Identification code | JE00BN574F90 | ||||
b) | Nature of the transaction | Grant of LTIP Award in the form of Options | |||
c) | Currency | British Pounds | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
NIL | 27,901 (Performance Award) 41,851 (Restricted Stock Award) | ||||
e) | Aggregated information · Aggregated volume · Price |
69,752 NIL | |||
f) | Date of the transaction | 6 June 2025 | |||
g) | Place of the transaction | N/A | |||
1.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Diarmuid O Conghaile | |||
2. | Reason for the notification | ||||
a) | Position / status | Chief Operations Officer | |||
b) | Initial notification / amendment | Initial notification | |||
3. | Details of the issuer | ||||
a) | Name | Wizz Air Holdings Plc | |||
b) | Legal entity identifier | 213800COXGZCORLJZA85 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.0001 each | |||
Identification code | JE00BN574F90 | ||||
b) | Nature of the transaction | Grant of LTIP Award in the form of Options | |||
c) | Currency | British Pounds | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
NIL | 27,901 (Performance Award) 41,851 (Restricted Stock Award) | ||||
e) | Aggregated information · Aggregated volume · Price |
69,752 NIL | |||
f) | Date of the transaction | 6 June 2025 | |||
g) | Place of the transaction | N/A | |||
1.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Ian Ogden Malin | |||
2. | Reason for the notification | ||||
a) | Position / status | Chief Financial Officer | |||
b) | Initial notification / amendment | Initial notification | |||
3. | Details of the issuer | ||||
a) | Name | Wizz Air Holdings Plc | |||
b) | Legal entity identifier | 213800COXGZCORLJZA85 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.0001 each | |||
Identification code | JE00BN574F90 | ||||
b) | Nature of the transaction | Grant of LTIP Award in the form of Options | |||
c) | Currency | British Pounds | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
NIL | 27,901 (Performance Award) 41,851 (Restricted Stock Award) | ||||
e) | Aggregated information · Aggregated volume · Price |
69,752 NIL | |||
f) | Date of the transaction | 6 June 2025 | |||
g) | Place of the transaction | N/A | |||
1.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Owain David Jones | |||
2. | Reason for the notification | ||||
a) | Position / status | Chief Corporate Officer | |||
b) | Initial notification / amendment | Initial notification | |||
3. | Details of the issuer | ||||
a) | Name | Wizz Air Holdings Plc | |||
b) | Legal entity identifier | 213800COXGZCORLJZA85 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.0001 each | |||
Identification code | JE00BN574F90 | ||||
b) | Nature of the transaction | Grant of LTIP Award in the form of Options | |||
c) | Currency | British Pounds | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
NIL | 27,901 (Performance Award) 41,851 (Restricted Stock Award) | ||||
e) | Aggregated information · Aggregated volume · Price |
69,752 NIL | |||
f) | Date of the transaction | 6 June 2025 | |||
g) | Place of the transaction | N/A | |||
1.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Michael Joseph Francois Berlouis | |||
2. | Reason for the notification | ||||
a) | Position / status | Financial Operations Officer | |||
b) | Initial notification / amendment | Initial notification | |||
3. | Details of the issuer | ||||
a) | Name | Wizz Air Holdings Plc | |||
b) | Legal entity identifier | 213800COXGZCORLJZA85 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.0001 each | |||
Identification code | JE00BN574F90 | ||||
b) | Nature of the transaction | Grant of LTIP Award in the form of Options | |||
c) | Currency | British Pounds | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
NIL | 18,135 (Performance Award) 27,203 (Restricted Stock Award) | ||||
e) | Aggregated information · Aggregated volume · Price |
45,338 NIL | |||
f) | Date of the transaction | 6 June 2025 | |||
g) | Place of the transaction | N/A | |||
1.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Mauro Jose Aguiar Peneda | |||
2. | Reason for the notification | ||||
a) | Position / status | Managing Director WAM | |||
b) | Initial notification / amendment | Initial notification | |||
3. | Details of the issuer | ||||
a) | Name | Wizz Air Holdings Plc | |||
b) | Legal entity identifier | 213800COXGZCORLJZA85 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.0001 each | |||
Identification code | JE00BN574F90 | ||||
b) | Nature of the transaction | Grant of LTIP Award in the form of Options | |||
c) | Currency | British Pounds | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
NIL | 18,135 (Performance Award) 27,203 (Restricted Stock Award) | ||||
e) | Aggregated information · Aggregated volume · Price |
45,338 NIL | |||
f) | Date of the transaction | 6 June 2025 | |||
g) | Place of the transaction | N/A | |||
1.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Yvonne Moynihan | |||
2. | Reason for the notification | ||||
a) | Position / status | Corporate Officer | |||
b) | Initial notification / amendment | Initial notification | |||
3. | Details of the issuer | ||||
a) | Name | Wizz Air Holdings Plc | |||
b) | Legal entity identifier | 213800COXGZCORLJZA85 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.0001 each | |||
Identification code | JE00BN574F90 | ||||
b) | Nature of the transaction | Grant of LTIP Award in the form of Options | |||
c) | Currency | British Pounds | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
NIL | 18,135 (Performance Award) 27,203 (Restricted Stock Award) | ||||
e) | Aggregated information · Aggregated volume · Price |
45,338 NIL | |||
f) | Date of the transaction | 6 June 2025 | |||
g) | Place of the transaction | N/A | |||
1.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Silvia Mosquera Gonzalez | |||
2. | Reason for the notification | ||||
a) | Position / status | Commercial Officer Central | |||
b) | Initial notification / amendment | Initial notification | |||
3. | Details of the issuer | ||||
a) | Name | Wizz Air Holdings Plc | |||
b) | Legal entity identifier | 213800COXGZCORLJZA85 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.0001 each | |||
Identification code | JE00BN574F90 | ||||
b) | Nature of the transaction | Grant of LTIP Award in the form of Options | |||
c) | Currency | British Pounds | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
NIL | 18,135 (Performance Award) 27,203 (Restricted Stock Award) | ||||
e) | Aggregated information · Aggregated volume · Price |
45,338 NIL | |||
f) | Date of the transaction | 6 June 2025 | |||
g) | Place of the transaction | N/A | |||
1.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Ervin Banyai | |||
2. | Reason for the notification | ||||
a) | Position / status | Digital Officer | |||
b) | Initial notification / amendment | Initial notification | |||
3. | Details of the issuer | ||||
a) | Name | Wizz Air Holdings Plc | |||
b) | Legal entity identifier | 213800COXGZCORLJZA85 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.0001 each | |||
Identification code | JE00BN574F90 | ||||
b) | Nature of the transaction | Grant of LTIP Award in the form of Options | |||
c) | Currency | British Pounds | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
NIL | 18,135 (Performance Award) 27,203 (Restricted Stock Award) | ||||
e) | Aggregated information · Aggregated volume · Price |
45,338 NIL | |||
f) | Date of the transaction | 6 June 2025 | |||
g) | Place of the transaction | N/A | |||
1.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Krzysztof Krolak | |||
2. | Reason for the notification | ||||
a) | Position / status | Officer Wizz Air Central operations | |||
b) | Initial notification / amendment | Initial notification | |||
3. | Details of the issuer | ||||
a) | Name | Wizz Air Holdings Plc | |||
b) | Legal entity identifier | 213800COXGZCORLJZA85 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.0001 each | |||
Identification code | JE00BN574F90 | ||||
b) | Nature of the transaction | Grant of LTIP Award in the form of Options | |||
c) | Currency | British Pounds | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
NIL | 18,135 (Performance Award) 27,203 (Restricted Stock Award) | ||||
e) | Aggregated information · Aggregated volume · Price |
45,338 NIL | |||
f) | Date of the transaction | 6 June 2025 | |||
g) | Place of the transaction | N/A | |||
1.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Roland Tibor Tischner | |||
2. | Reason for the notification | ||||
a) | Position / status | Managing Director WAH | |||
b) | Initial notification / amendment | Initial notification | |||
3. | Details of the issuer | ||||
a) | Name | Wizz Air Holdings Plc | |||
b) | Legal entity identifier | 213800COXGZCORLJZA85 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.0001 each | |||
Identification code | JE00BN574F90 | ||||
b) | Nature of the transaction | Grant of LTIP Award in the form of Options | |||
c) | Currency | British Pounds | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
NIL | 18,135 (Performance Award) 27,203 (Restricted Stock Award) | ||||
e) | Aggregated information · Aggregated volume · Price |
45,338 NIL | |||
f) | Date of the transaction | 6 June 2025 | |||
g) | Place of the transaction | N/A | |||
1.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Johan Roger Lennart Eidhagen | |||
2. | Reason for the notification | ||||
a) | Position / status | Managing Director WAAD | |||
b) | Initial notification / amendment | Initial notification | |||
3. | Details of the issuer | ||||
a) | Name | Wizz Air Holdings Plc | |||
b) | Legal entity identifier | 213800COXGZCORLJZA85 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.0001 each | |||
Identification code | JE00BN574F90 | ||||
b) | Nature of the transaction | Grant of LTIP Award in the form of Options | |||
c) | Currency | British Pounds | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
NIL | 18,135 (Performance Award) 27,203 (Restricted Stock Award) | ||||
e) | Aggregated information · Aggregated volume · Price |
45,338 NIL | |||
f) | Date of the transaction | 6 June 2025 | |||
g) | Place of the transaction | N/A | |||
1.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Marion Anna Suzanna Geoffroy | |||
2. | Reason for the notification | ||||
a) | Position / status | Managing Director WUK | |||
b) | Initial notification / amendment | Initial notification | |||
3. | Details of the issuer | ||||
a) | Name | Wizz Air Holdings Plc | |||
b) | Legal entity identifier | 213800COXGZCORLJZA85 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.0001 each | |||
Identification code | JE00BN574F90 | ||||
b) | Nature of the transaction | Grant of LTIP Award in the form of Options | |||
c) | Currency | British Pounds | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
NIL | 18,135 (Performance Award) 27,203 (Restricted Stock Award) | ||||
e) | Aggregated information · Aggregated volume · Price |
45,338 NIL | |||
f) | Date of the transaction | 6 June 2025 | |||
g) | Place of the transaction | N/A | |||
1.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Piotr Trawka | |||
2. | Reason for the notification | ||||
a) | Position / status | Commercial Officer Western and Southern Europe | |||
b) | Initial notification / amendment | Initial notification | |||
3. | Details of the issuer | ||||
a) | Name | Wizz Air Holdings Plc | |||
b) | Legal entity identifier | 213800COXGZCORLJZA85 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.0001 each | |||
Identification code | JE00BN574F90 | ||||
b) | Nature of the transaction | Grant of LTIP Award in the form of Options | |||
c) | Currency | British Pounds | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
NIL | 18,135 (Performance Award) 27,203 (Restricted Stock Award) | ||||
e) | Aggregated information · Aggregated volume · Price |
45,338 NIL | |||
f) | Date of the transaction | 6 June 2025 | |||
g) | Place of the transaction | N/A | |||
1.
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Andras Szabo | |||
2. | Reason for the notification | ||||
a) | Position / status | Commercial Officer Central Eastern Europe and Middle East | |||
b) | Initial notification / amendment | Initial notification | |||
3. | Details of the issuer | ||||
a) | Name | Wizz Air Holdings Plc | |||
b) | Legal entity identifier | 213800COXGZCORLJZA85 | |||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of £0.0001 each | |||
Identification code | JE00BN574F90 | ||||
b) | Nature of the transaction | Grant of LTIP Award in the form of Options | |||
c) | Currency | British Pounds | |||
d) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
NIL | 17,753 (Performance Award) 26,630 (Restricted Stock Award) | ||||
e) | Aggregated information · Aggregated volume · Price |
44,383 NIL | |||
f) | Date of the transaction | 6 June 2025 | |||
g) | Place of the transaction | N/A | |||
40% of the LTIP Award is subject to performance conditions ("Performance Award"). The remaining 60% of the LTIP Award is not subject to performance conditions and will vest on the relevant vesting date(s) provided the PDMR remains in employment with the Company ("Restricted Stock Award").
100% of the Performance Award will vest subject to Total Relative Shareholder Return ("TSR") performance of the Company over the next three-year period starting with the 2026 financial year of the Company. The threshold TSR is median within the Benchmarked European Airlines TSR for which 25% of the award vests with straight line vesting in between median and the upper quartile.
All vested Options must be exercised within ten years of the date of grant. If exercised, then the underlying shares in the Company will be issued or transferred at nil cost to the Option holders. No amounts have been paid by the relevant PDMRs for the grant of these Options. |
- Ends - ABOUT WIZZ AIR Wizz Air operates a fleet of 231 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 63.4 million passengers in FY2025. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ. The company was named one of the world's top ten safest airlines by airlineratings.com, the world's only safety and product rating agency, and named Airline of the Year by Air Transport Awards in 2019 and in 2023. Wizz Air has also been recognised as the "Most Sustainable Low-Cost Airline" between 2021-2024 and "Best Airline for Carbon Reduction" by World Finance Sustainability Awards in 2024. Wizz Air also received "EMEA's Environmental Sustainability Airline Group of the Year" by the CAPA-Centre for Aviation Awards for Excellence 2024. |
For more information: | ||
Investors: | Mark Simpson, Wizz Air | |
Betti Szanto, Wizz Air | ||
Media: | Andras Rado, Wizz Air James McFarlane/Eleni Menikou/Charles Hirst, MHP Group | |
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