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Wizz Air s largest shareholder sells GBP400 million worth of shares

Wizz Air s largest shareholder sells GBP400 million worth of shares Tue, 16th Mar 2021 12:37 (Alliance News) - Wizz Air Holdings PLC s largest shareholder sold GBP400 million worth of shares in the carrier, Barclays Bank PLC confirmed on Tuesday. Indigo Hungary LP and Indigo Maple Hill LP, being investment funds managed by Indigo Partners LLC, have sold 7.7 million shares in the eastern and central Europe-focused airline via an accelerated bookbuild priced at 5,200 pence per share. Shares in Wizz were down 4.5% at 5,260.00p in London on Tuesday. Following the placing, Indigo will continue to hold 7.3 million shares in Wizz. Prior to the sale, Indigo had held 15.0 million Wizz shares, representing just under an 18% stake.

Wizz Air s biggest shareholder sells half its stake

Wizz Air's largest investor Indigo Partners sold about half its stake in the Hungary-based low cost airline to institutional investors, raising gross proceeds of around £400m.

Intuitive Investments PLC friendless after pumping £200,000 into radiofrequency technology company

Intuitive Investments PLC friendless after pumping £200,000 into radiofrequency technology company
proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.

Wizz Air s biggest shareholder sells half its stake for £400 million

Wizz Air's largest investor Indigo Partners sold about half its stake in the Hungary-based low-cost airline to institutional investors, a statement on Tuesday said, raising gross proceeds of around £400 million.

Intuitive Investments PLC friendless after pumping £200,000 into radiofrequency technology company

Intuitive Investments PLC friendless after pumping £200,000 into radiofrequency technology company
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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