Indigo Partners managed investment funds to sell up to GBP500m of Wizz Air shares

Wizz Air Holdings announced (03-Feb-2020) Indigo Partners LLC managed investment funds plan to sell up to GBP500 million of ordinary shares in the company through Indigo Hungary LP and Indigo Maple Hill. The shares are to be offered as an accelerated bookbuild offering to institutional investors. Indigo shareholders own 15 million ordinary shares in Wizz, representing 20.6% of the issued ordinary share capital and voting rights in the company. [more - original PR] [more - original PR - II]