Wizz Air share sale to begin next week
Hungarian low-cost airline Wizz Air is expecting to raise around £103 million when its shares start trading on the London Stock Exchange next week.
Its delayed listing, which was originally intended to take place last year, has given the airline a market value of £601 million.
Shareholders, including management, employees, former staff members and other investors will receive around £154 million from the sale.
Dealings in its shares are due to begin on Monday, March 2, after it confirmed an offer price of £11.50 per share.
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
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