• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
EnglishFrenchGermanSpanish
EnglishFrenchGermanSpanish
Wizz Air shares float in LondonWizz Air shares float in LondonWizz Air shares float in LondonWizz Air shares float in London
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Breaking News
  • No help from Brussels: here is Orbán’s extraordinary announcement!

Support us
Daily News Daily News · 26/02/2015
· Business

Wizz Air shares float in London

Airport transport

Budapest (MTI) – Trade in shares of Hungarian low-fare airline Wizz Air started on the London Stock Exchange on Wednesday.

The shares started at 12.00 pounds, but rose 42 penny in the first half hour of trade.

Wizz Air CEO Jozsef Varadi opened the day’s trading at a celebratory event and told MTI that Wizz Air is the first Hungarian company to be floated in London.

The company floated 52,263,615 ordinary shares, including 23,360,008 offered shares, Wizz Air said in an announcement on the bourse’s website. The latter comprised 9,578,820 newly issued shares and 13,781,188 shares offered by existing shareholders.

Wizz Air estimated proceeds, based on an offer price of 11.50 pounds, coming to 103 million pounds (EUR 140m) for the newly issued shares and to 154 million pounds (EUR 210m) for shares sold by existing shareholders.

Based on the ordinary shares alone, Wizz Air put its market capitalisation at 601 million pounds (EUR 818m).

Photo: www.repulojegyutazas.hu

Source: http://mtva.hu/hu/hungary-matters

Airport transport
Share
Daily News
Daily News

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.

Latest news
  • Fidesz: George Soros behind Hungarian opposition’s foreign campaign financing
  • Analysing Orbán’s possible Huxit: geopolitical expert weighs in
  • Battery plant construction to be banned in Budapest forever?
  • No help from Brussels: here is Orbán’s extraordinary announcement!
  • Budapest university’s architecture faculty in the world’s top 30!
  • 650 employees fired, Swedish appliances maker ceases production
  • Official: Hungary is the most corrupt country in the EU
  • President: we would like to protect Hungarians living in Ukraine – PHOTOS

About us

Contact us

Copyright rules

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V