Wizz Air CEO Awarded Long-Term Incentive Plan

Wizz Air Holdings (GB:WIZZ) has released an update.

Wizz Air Holdings PLC has announced the grant of Long-Term Incentive Plan (LTIP) awards to their CEO, József Váradi, following shareholder approval. The LTIP awards consist of options for 133,957 ordinary shares at no cost, vesting provided Váradi remains employed with the company. These options, not tied to performance conditions, must be exercised within ten years of the grant date.

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