28th May 2025 07:00
28 May 2025
Jet2 plc (the "Group" or the "Company")
Transaction in Own Shares
Jet2 plc, the Leisure Travel group, announces the purchase, in accordance with the authority granted by shareholders at the Company's Annual General Meeting on 5 September 2024, of 225,000 ordinary shares of 1.25p each in the capital of the Company (the "Ordinary Shares") on 27 May 2025 as part of the first tranche of the buyback programme announced on 29 April 2025 (the 'Programme').
Date of purchase: | 27 May 2025 |
Number of ordinary shares of £0.0125 purchased: | 225,000 |
Highest price paid per share (£): | 18.0700 |
Lowest price paid per share (£): | 17.9200 |
Volume weighted average price paid per share (£): | 18.0079 |
The Company intends to cancel the Ordinary Shares.
The table below contains detailed information about the purchases referred to above.
Schedule of purchases
Shares purchased: | Jet2 plc (ISIN: GB00B1722W11) | |
Date of purchases: | 27 May 2025 | |
Investment firm: | Canaccord Genuity Limited |
Aggregate information | ||||||||||
| ||||||||||
MIC | Aggregated number of ordinary shares purchased | Volume-weighted average price per share (£) | Lowest price per share (£) | Highest priceper share (£) | ||||||
AIMX | 225,000 | 18.0079 | 17.9200 | 18.0700 | ||||||
In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 (as it forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018), a full breakdown of the individual trades made by Canaccord Genuity Limited in connection with the Programme is set out below.
Transaction Time | Time Zone | Volume | Price | Currency | MIC | Transaction reference number |
10:40:55 | BST | 50,000 | 18.0700 | GBP | AIMX | 00097399691TRLO1 |
12:48:40 | BST | 7,637 | 18.0536 | GBP | AIMX | 00097403379TRLO1 |
14:28:15 | BST | 25,000 | 18.0300 | GBP | AIMX | 00097405892TRLO1 |
14:33:07 | BST | 70,000 | 18.0300 | GBP | AIMX | 00097409088TRLO1 |
15:58:30 | BST | 5,000 | 18.0000 | GBP | AIMX | 00097424033TRLO1 |
16:08:16 | BST | 5,000 | 18.0000 | GBP | AIMX | 00097425039TRLO1 |
16:35:25 | BST | 2,338 | 17.9200 | GBP | AIMX | 00097429250TRLO1 |
16:35:25 | BST | 3 | 17.9200 | GBP | AIMX | 00097429249TRLO1 |
16:35:25 | BST | 2,031 | 17.9200 | GBP | AIMX | 00097429248TRLO1 |
16:35:25 | BST | 958 | 17.9200 | GBP | AIMX | 00097429247TRLO1 |
16:35:25 | BST | 6,889 | 17.9200 | GBP | AIMX | 00097429246TRLO1 |
16:35:25 | BST | 95 | 17.9200 | GBP | AIMX | 00097429245TRLO1 |
16:35:25 | BST | 163 | 17.9200 | GBP | AIMX | 00097429244TRLO1 |
16:35:25 | BST | 21,233 | 17.9200 | GBP | AIMX | 00097429243TRLO1 |
16:35:25 | BST | 873 | 17.9200 | GBP | AIMX | 00097429242TRLO1 |
16:35:25 | BST | 502 | 17.9200 | GBP | AIMX | 00097429241TRLO1 |
16:35:25 | BST | 2,306 | 17.9200 | GBP | AIMX | 00097429240TRLO1 |
16:35:25 | BST | 9,995 | 17.9200 | GBP | AIMX | 00097429238TRLO1 |
16:35:25 | BST | 4,500 | 17.9200 | GBP | AIMX | 00097429237TRLO1 |
16:35:25 | BST | 4 | 17.9200 | GBP | AIMX | 00097429236TRLO1 |
16:35:25 | BST | 539 | 17.9200 | GBP | AIMX | 00097429235TRLO1 |
16:35:25 | BST | 2,834 | 17.9200 | GBP | AIMX | 00097429234TRLO1 |
16:35:25 | BST | 1,484 | 17.9200 | GBP | AIMX | 00097429233TRLO1 |
16:35:25 | BST | 435 | 17.9200 | GBP | AIMX | 00097429232TRLO1 |
16:35:25 | BST | 2,446 | 17.9200 | GBP | AIMX | 00097429230TRLO1 |
16:35:25 | BST | 2,735 | 17.9200 | GBP | AIMX | 00097429229TRLO1 |
Following the cancellation of Ordinary Shares, Jet2 will have 212,504,367 Ordinary Shares in issue and no Ordinary Shares are held in treasury. The figure of 212,504,367 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information, please contact:
Jet2 plc Steve Heapy, Chief Executive Officer | Tel: 0113 239 7692 |
Gary Brown, Group Chief Financial Officer | |
Institutional investors and analysts: Mark Buxton, Finance and Investor Relations Director | Tel: 0113 848 0242 |
Cavendish Capital Markets Limited - Nominated Adviser Katy Birkin / Camilla Hume / George Lawson | Tel: 020 7220 0500 |
Canaccord Genuity Limited - Joint Broker Adam James / Harry Rees | Tel: 020 7523 8000 |
Jefferies International Limited - Joint Broker Ed Matthews / Jee Lee | Tel: 020 7029 8000 |
Burson Buchanan - Financial PR Richard Oldworth / Toto Berger | Tel: 020 7466 5000 |
Notes to Editors
Jet2 plc is a Leisure Travel Group, comprising Jet2holidays, the UK's leading provider of ATOL protected package holidays to leisure destinations across the Mediterranean, Canary Islands and European Leisure Cities and Jet2.com, the UK's third largest airline by number of passengers flown, which specialises in scheduled holiday flights. In the financial year ended 31 March 2024, over 68% of flown passengers took an end-to-end package holiday with the remainder taking a flight-only.
Jet2 currently operates from 13 UK airport bases at Belfast International, Birmingham, Bournemouth, Bristol, East Midlands, Edinburgh, Glasgow, Leeds Bradford, Liverpool John Lennon, London Stansted, London Luton, Manchester and Newcastle.
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