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.
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