General Announcement::Results of Consent Solicitation

Issuer & Securities

Issuer/ Manager
WEBJET LIMITED
Securities
WEBJET EUR100M2.5%CN270709 - XS2198898525 - PEDB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
25-Nov-2020 06:05:10
Status
New
Announcement Sub Title
Results of Consent Solicitation
Announcement Reference
SG201125OTHRM620
Submitted By (Co./ Ind. Name)
Zi Mtenje
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
As announced on 16 November 2020, Webjet Limited ( Webjet or the Company ) commenced a consent solicitation (the Consent Solicitation ) to solicit consent of holders of its EUR100,000,000 2.5 per cent. Senior Unsecured Convertible Notes due 2027 (the Notes ) to approve certain amendments to the Notes which provide for equity settlement of the Notes on exercise of the conversion right (the Physical Conversion Modification ).

Webjet is pleased to announce it has now received the requisite majority approval from holders of the Notes for the Physical Conversion Modification. It is expected that the Physical Conversion Modification will become effective, and the issue of replacement convertible notes will occur, on or about 30 November 2020.

Attachments