Recent initial public offerings in the Airlines IPOs category.
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Slide #1. Controladora Vuela Compania de Aviacion, S.A.B. — Initial Public Offering
Controladora Vuela Compania de Aviacion, S.A.B.
Price Per Share:
Controladora Vuela Compania de Aviacion, S.A.B. ("Volaris" or the "Company") (BMV: VOLAR, NYSE: VLRS), an ultra-low-cost airline based in Mexico, announced today that it has priced its initial public offering comprised of 61,992,540 Series A shares for the Mexican offering and 226,469,000 Ordinary Participation Certificates (CPOs) in the form on American Depositary Shares (ADSs) for the international offering at an initial offering price of Ps.15.51 per Series A share and U.S. $12.00 per ADS. Each ADS represents 10 CPOs and each CPO represents a financial interest in one Series A share of common stock of the Company. Shares are expected to begin trading on the Mexican Stock Exchange (BMV) and the New York Stock Exchange (NYSE) today, under the symbols "VOLAR" and "VLRS", respectively.