Last checked at 
Jet2 PLC - Leeds-based leisure travel business - Intends to raise funds through a placing and retail offer via PrimaryBid of shares, the proceeds of which will go towards providing sufficient liquidity "on an extended and likely unpredictable shutdown basis to deal with this continually challenging trading environment".
Despite the number of shares to be placed and placing price yet to be decided, the company said the total number of shares issued will not exceed 20% of its existing share capital.
Canaccord Genuity Ltd and Jefferies International Ltd are acting as joint global coordinators, bookrunners and brokers for the placing.
Current stock price: 1,298.00 pence
Year-to-date change: down 9.2%
By Dayo Laniyan; dayolaniyan@alliancenews.com
Copyright 2021 Alliance News Limited. All Rights Reserved.
