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Wizz Air Holdings Plc granted Long-Term Incentive Plan (LTIP) awards to Nora Viktoria Rabe, a person discharging management responsibilities (PDMR) and Corporate and ESG Officer. On February 23, 2026, options over 25,139 ordinary shares were granted under the Omnibus Share Plan at NIL price, following Remuneration Committee approval on January 27, 2026. These awards comprise 10,056 Performance Awards and 15,083 Restricted Stock Awards.
| Date | 26 Feb 2026 |
| Time | 09:52:53 |
| Category | Director/PDMR dealings |
| ID | 5392U |
Wizz Air Holdings Plc
Wizz Air Omnibus Plan award grants
Geneva, 26 February 2026 - Wizz Air Holdings Plc ("Wizz Air" or the "Company"), one of the most sustainable European airlines, announces the granting of awards under Omnibus Share Plan ("Omnibus Plan") to a person discharging management responsibilities ("PDMR").
On 23 February 2026, following approval by the Company's Remuneration Committee from 27 January 2026, Wizz Air made a grant of options ("Options") under the Omnibus Plan as Long-Term Incentive Plan awards ("LTIP Awards"), over 25,139 ordinary shares in the capital of Wizz Air of £0.0001 par value (identification code JE00BN574F90) to a PDMR as set out below.
The following PDMR was granted LTIP Award:
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1.
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Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Nora Viktoria Rabe |
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2. |
Reason for the notification |
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a) |
Position / status |
Corporate and ESG Officer |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer |
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a) |
Name |
Wizz Air Holdings Plc |
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b) |
Legal entity identifier |
213800COXGZCORLJZA85 |
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4. |
Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted |
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a) |
Description of the financial instrument, type of instrument |
Ordinary shares of £0.0001 each |
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Identification code |
JE00BN574F90 |
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b) |
Nature of the transaction |
Grant of LTIP Award in the form of Options |
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c) |
Currency |
British Pounds |
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d) |
Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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NIL |
10,056 (Performance Award) 15,083 (Restricted Stock Award) |
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e) |
Aggregated information · Aggregated volume · Price |
25,139 NIL |
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f) |
Date of the transaction |
23 February 2026 |
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g) |
Place of the transaction |
N/A |
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40% of the LTIP Award is subject to performance conditions ("Performance Award"). The remaining 60% of the LTIP Award is not subject to performance conditions and will vest on the relevant vesting date(s) provided the PDMR remains in employment with the Company ("Restricted Stock Award").
100% of the Performance Award will vest subject to Total Relative Shareholder Return ("TSR") performance of the Company over the next three-year period starting with the 2026 financial year of the Company. The threshold TSR is median within the Benchmarked European Airlines TSR for which 25% of the award vests with straight line vesting in between median and the upper quartile.
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All vested Options must be exercised within ten years of the date of grant. If exercised, then the underlying shares in the Company will be issued or transferred at nil cost to the Option holders. No amounts have been paid by the relevant PDMRs for the grant of these Options. |
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- Ends - ABOUT WIZZ AIR Wizz Air operates a fleet of 260 Airbus A320 and A321 aircraft. A team of dedicated aviation professionals delivers superior service and very low fares, making Wizz Air the preferred choice of 63.4 million passengers in 2025 financial year. Wizz Air is listed on the London Stock Exchange under the ticker WIZZ. Wizz Air has also been recognized as the "Most Sustainable Low-Cost Airline" between 2021-2025 by World Finance Sustainability Awards. In 2025, Wizz Air topped the major airlines' emissions ranking, as presented by Cirium, an aviation analytics company, thanks to its work reducing emissions intensity. Most recently, it was awarded Sustainable Airline of the Year 2025 at the Airline Economics Sustainability Awards Gala in September 2025. |
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For more information: |
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Investors: |
Mark Simpson, Wizz Air |
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Zlatko Custovic |
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Media: |
Andras Rado, Wizz Air James McFarlane/Eleni Menikou/Charles Hirst, MHP Group |
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