REG-easyJet plc Publication of Circular and Notice of General Meeting

easyJetAnnouncement

29/11/2023 12:30

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easyJet plc (EZJ)
Publication of Circular and Notice of General Meeting

29-Nov-2023 / 12:27 GMT/BST

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29 November 2023

                                     easyJet plc

                             ('easyJet' or the 'Company')

 

                Publication of Circular and Notice of General Meeting

Further to the announcement  of the proposed purchase  of 157 A320neo family  aircraft
and purchase  rights  for  a  further  100  A320neo  family  aircraft  (the  'Proposed
Purchase') on 12 October 2023, the Board  of easyJet announces that a General  Meeting
of the Company  ('GM') will  be held on  Tuesday, 19  December 2023 at  10.00 a.m.  at
Hangar 89, London Luton Airport, Luton LU2 9PF.

A circular  relating  to  the Proposed  Purchase,  including  the Notice  of  GM  (the
'Circular'), has received approval from the Financial Conduct Authority. A copy of the
Circular will be made available to shareholders in accordance with their communication
preference   and    has    been   published    on    the   Company's    website    at:
 1 https://corporate.easyjet.com/investors/shareholder-services/shareholder-meetings/.

 

The Proposed Purchase constitutes a Class 1 transaction under the UK Listing Rules and
is conditional upon shareholder approval being obtained at the GM.

The Board considers that the  resolution is in the best  interests of the Company  and
unanimously recommends shareholders vote for the resolution.

GM arrangements

The Company is offering facilities  for shareholders to attend and  vote at the GM  in
person or electronically, should they  wish to do so. Further  details are set out  in
Part 2 of the notes to the Notice of GM and a user guide to the electronic  facilities
is            available            on            the            website             at
 2 https://corporate.easyjet.com/investors/shareholder-services/shareholder-meetings/.

 

The Board strongly encourages shareholders to vote on the resolution in advance of the
GM by  completing an  online proxy  appointment form  appointing the  Chairman of  the
meeting as their proxy and to register  any questions in advance. Further details  are
included in the notes to the Notice of GM.

Shareholders are urged to submit their votes by proxy before 10.00 a.m. on Friday,  15
December 2023.

Documents

In connection with the above,  the following documents are  being posted or have  been
made available to shareholders today:

  • the Circular, including a letter from  the Chairman explaining the background  and
    rationale for the GM and the formal Notice of GM; and
  • Form of Proxy for the GM.

In accordance with Listing Rule 9.6.1 copies of the documents listed above have been
submitted to the National Storage Mechanism and will shortly be available for
inspection at  3 https://data.fca.org.uk/#/nsm/nationalstoragemechanism.

The Circular and  other materials  relating to  the GM are  available to  view on  the
Company's                                  website                                  at
 4 https://corporate.easyjet.com/investors/shareholder-services/shareholder-meetings/.

 

  

Disenfranchisement

As shareholders  will  be aware,  the  Board is  ensuring  the Company  complies  with
European ownership and control requirements by exercising its powers to suspend voting
rights of certain UK and non-EU nationals. For the period of any such suspension,  the
relevant shareholders would not  be entitled to attend,  speak or vote at  shareholder
meetings, including  the GM,  in respect  of  the shares  subject to  the  suspension.
 Further    information     can    be     found     on    easyJet's     website     at
 5 https://corporate.easyjet.com/investors/shareholder-services/eu-share-ownership/.

As at 27 November 2023, the level of ownership by EU persons was 35.71%.  Accordingly,
easyJet has suspended voting rights in  respect of certain shares ('Affected  Shares')
held by Relevant Persons in accordance with easyJet's articles of association so  that
a majority of the voting rights in easyJet are held by EU Persons.

We would recommend that all shareholders vote in advance of the GM, even in respect of
any Affected  Shares  that  they  may  hold. This  is  because  those  shares  may  be
re-enfranchised in advance of the GM.

Shareholders who own shares whose voting rights will be suspended (and therefore whose
votes will  not be  counted) at  the  GM will  receive a  notice (an  'Affected  Share
Notice') by post from Equiniti, our Registrars, on or around 8 December 2023 notifying
them of the suspension of voting rights in respect of their Affected Shares.

If a shareholder votes more  than its eligible holding  (for example, because some  of
their voting rights  are suspended  pursuant to  an Affected  Share Notice),  Equiniti
shall use its reasonable endeavours to contact the relevant shareholder to resolve any
discrepancies, however, to the extent Equiniti is unable to resolve such discrepancies
by 10.00 a.m.  on Friday,  15 December  2023, Equiniti  will scale  back the  relevant
shareholder's votes on a pro rata basis so that such shareholder's votes do not exceed
those it is entitled to vote.

Capitalised terms not otherwise defined in  this announcement have the meanings  given
to them in the Circular.

 

For further details please contact easyJet plc:

Institutional investors and analysts:

Michael Barker Investor Relations +44 (0)7985 890 939
Adrian Talbot  Investor Relations +44 (0)7971 592 373

 

Media:

Anna Knowles  Corporate Communications +44 (0)7985 873 313
Harry Cameron Teneo                    +44 (0)20 7353 4200
Olivia Peters Teneo                    +44 (0)20 7353 4200

 

  

LEI: 2138001S47XKWIB7TH90

 

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Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

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   ISIN:          GB00B7KR2P84
   Category Code: NOG
   TIDM:          EZJ
   LEI Code:      2138001S47XKWIB7TH90
   Sequence No.:  288127
   EQS News ID:   1784651


    
   End of Announcement EQS News Service

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