Easyjet rights issue?

So I’ve seen in the news that EZJ are issuing a bunch of new shares soon. I can’t seem to find very much hard information on this though - does anyone know when it will be, and whether existing shareholders will get first refusal?

Thanks :slight_smile:

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It wasn’t a rights issue, it was a placement and it seems like this has been completed: https://www.flightglobal.com/strategy/easyjet-share-issue-raises-419-million/138998.article

Thanks for the link - disappointing though it is.

…has respected the principles of pre-emption through the allocation process

First I’ve heard of it…

Perhaps this was specifically a f-you to Stellios :roll_eyes: