23 Sep, 2024
Leading digital travel company Webjet Group Limited has listed on the Australian Securities Exchange (ASX) after shareholders of its parent company, Web Travel Group Limited, voted overwhelmingly in favour of demerging Webjet Group Limited last week.
The Webjet Group (ASX:WJL) comprises of:
Webjet Group commenced trading today on a conditional and deferred settlement basis, after a bell ringing ceremony at the Exchange Centre. Trading on a normal settlement basis is expected to start from 1 October, after shares are transferred to eligible shareholders. Webjet Group is trading under the ticket code WJL.
Speaking ahead of the listing, Webjet Group CEO Katrina Barry, said:
"This is a very exciting and significant day for Webjet Group’s entire team, our customers and our shareholders. With the demerger, we now have a dedicated board, leadership team and balance sheet, creating a unique opportunity to advance our strategic growth agenda. Our team who have worked incredibly hard to provide our customers with the greatest convenience, choice and customer service over a significant period, are focused and ready.”
"I'm excited to build on this strong foundation as we continue driving positive outcomes across the company. Each of our three business units—Webjet OTA, GoSee, and Trip Ninja—has a clear, distinct growth strategy that we are eager to pursue.”
Webjet Group Managing Director - Katrina Barry
Webjet Group Chair Don Clarke said:
"Listing on the ASX as an independent company signifies a new chapter for Webjet Group. On behalf of the entire Board, we are proud to be part of this important milestone and warmly welcome our new shareholders as they join us on this journey."
Webjet Group Chair - Don Clarke
Katrina Barry was appointed CEO of Webjet Group on 24 June 2024. Prior to that, she served as Global CEO of the hospitality tech company me&u and spent nearly a decade at the Travel Corporation, where she led renowned brands such as Contiki Holidays and Trafalgar Tours.
In addition to her extensive executive experience, Katrina Barry has a deep understanding of Webjet Group, having served as a Non-Executive Director of Webjet Limited since 2022 - a position she stepped down from when appointed CEO.
Katrina Barry and the team at the ASX bell ringing ceremony this morning to mark the commencement of trade.
Katrina Barry - MD, David Clarke - Webjet Founder & David Galt - Webjet OTA CEO
The Webjet Group team, with special guest, Founder David Clarke
Managing Director Katrina Barry with the ASX Official Listing certification
Katrina Barry with Board member Shelley Beasley
Webjet Group Chief Financial Officer Layton Shannos, Katrina Barry and Webjet OTA CEO David Galt
David Galt, Katrina Barry & Founder David Clarke, ringing the bell
Carolyn Mole - Head of Investor Relations, Giri Tenneti - ASX, Shelley Beasley - Webjet Group Board
Centre Picture - Layton Shannos & David Clarke - Founder
Foreground David Galt & Katrina Barry. Background: Left Don Clarke and Layton Shannos
Katrina Barry receiving the ASX Official Listing certificate for WJL.
The Webjet Group team at the Australian Stock Exchange
Webjet Group Limited Makes Debut On The ASX
23 Sep, 2024
Investors
Carolyn Mole +61 3 9828 9754
investor@webjetgroup.com
Media
Please contact the History Will Be Kind team at media@webjetgroup.com or call on (+61) 02 8046 4848.
To help people travel by seamlessly integrating world class technology to offer unparalleled choice and convenience.
To enhance the leadership positions of our online travel marketplaces in Australia and New Zealand.