Webjet Confirms Undisclosed Buyer Seeks Up to 5% Stake; Shares Rise 4%

MT Newswires Live

2025/05/09

Webjet Group (ASX:WJL) confirmed that it became aware after market close on Thursday of an undisclosed buyer seeking to acquire up to 5% of its shares, excluding any current holding, at a fixed cash price of AU$0.80 per share, according to a Friday filing with the Australian Securities Exchange.

It was responding to a query from the Australian Securities Exchange, which noted that the WJL's share price rose significantly on Thursday.

The company also added that it is not aware of any information that would cause its earnings for the year ending March 31 to differ materially from its existing guidance.

Shares of the company rose 4% in recent Friday trade.

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